 "Bihar receives Rs 817 cr investment proposal for data centres")
Bihar has received an investment proposal of Rs 817 crore for setting up data centres across the state.
Data management firm VueNow, which is planning the investment, will develop a four-tier data centre of 100 racks with Patna as the master hub. Four other centers will come up in Dharbhanga, Bhagalpur, Purnea and Buxar in the first phase, said an official statement.
The investment proposal was discussed at a meeting chaired by Information Technology Minister Jibesh Kumar on Wednesday.
"We are looking forward to finalisation of the proposal. After proper evaluation of the proposal, it will be sent to the Chief Minister's Office for final approval," Kumar said.
"The state government will provide all support to investors as our aim is to make Bihar the next IT hub of the eastern region," he said.
The meeting was attended by senior officials of the IT Department and officials of VueNow, including its Managing Director VC Roy.
The firm has already started working on similar projects in West Bengal and Himachal Pradesh.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app