Bihar government and 38 companies signed MoUs for investments worth Rs 26,429 crore in textile, leather, food processing and general manufacturing sectors in the eastern state.

Major investment commitments include 7,386.15 crore by Indian Oil Corporation Limited (IOCL), Patel Agri Industries Private Limited (Rs 5,230 crore), Indo-European Research and Healthcare Private Limited (Rs 2,000 crore), Dev India Project and Spray Engineering Devices Limited (Rs 1,600 crore), UltraTech Cement Limited (Rs 1,000 crore) and Spray Engineering Devices (Rs 800 crore).

Bihar industries minister Samir Kumar Mahaseth said,"The demand for the creation of Special Economic Zones (SEZs) in the state by the Centre, and assured the delegates that the Nitish Kumar government would provide all assistance to them for establishing industries."

“With new policies, Bihar has changed. Join the new Bihar and enrich it. If industries grow in the state, the country will progress too. I once again request the Centre to create at least four SEZs in the state that will pave the way for fresh investment opportunities,” he added.

“There is no doubt that investors are coming to Bihar. An increase in investments would take Bihar to the list of top 10 states in terms of industries in the next five years, and in the subsequent five years, Bihar will make it to the list of top five states in the country,” the minister asserted.