BSIIAC commits to help in industrial development of Bihar

Participating at the BSIIAC's first meeting that was presided over by Chief Minister Nitish Kumar, the members welcomed the state's decision to create an office of the investment commissioner at Mumbai that will take up and pursue investment proposals as well as provide guidance on policy issues and getting project clearances.

The BSIIAC members said that they were committed to help in the industrial development of the state.

The members noted that Bihar has registered and sustained double digit growth, improved law and order situation, built infrastructure and stood on the threshold of attracting substantial investments.

They expressed satisfaction that the state government has exhibited readiness in aligning its policies to realise the potential and growth requirements of Bihar.

They also appreciated its willingness to hear new ideas, evaluate them and make further improvements in industrial policies in different segments like tourism, infrastructure and non-conventional energy.

HDFC Bank Chairman Deepak Parekh, SBI Chairman Pratip Chaudhari, Vedanta Chairman Anil Kumar Agrawal, Axis Bank Chairman Shikha Sharma, ICICI Bank Non-Executive Chairman K V Kamath, Hindustan Unilever CEO Nitin Paranjpe, Tata Sons Director (Finance) Ishaat Hussain, SEBI Chairman U K Singh ITC Executive Director Kurush Grant and Britannia Industries Chairperson Vinita Bali were among several members of the BSIIAC who attended the inaugural meeting. MORE