03 March 2022, Mumbai:
State industries minister Syed Shahnawaz Hussain on Wednesday said the state government will soon come up with a new textile policy to promote manufacturing and trade in the sector.
Addressing the annual meeting of Confederation of Indian Industry (CII) here, Shahnawaz said the textile sector in Bihar has immense potential.
He also claimed that the state has received industrial investment proposals worth Rs 40,000crore in the last year and many big industrial units will be launched here in the next two months.
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“Bihar received the highest number of investment proposals in India during the Covid-19 pandemic. We will also inaugurate the Begusarai Pepsi Plant set up by Varun Beverages in the first week of April, which will be the fastest production plant set up in a record time in the history of Pepsi,” Shahnawaz said.
He added: “Bihar's greatest strength is it’s skilled workers, who work all over the country. Where there are workers, there are factories. Therefore, we are planning to develop more factories in the state for them to work.”
The theme of this year’s CII’s Bihar annual Meeting was ‘Advantage Bihar- Sankalp Se Sidhhi: Bihar @75’.
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*CREDITS: TOI.
