Investment summit to showcase better Bihar

PATNA: The investment summit, to be jointly organized by Assocham and Bihar Chamber of Commerce (BCC) in October-November, would showcase Bihar as the “state of rising sun” so as to underline the state’s improved state of affairs that has created business opportunities for investors.

A delegation of Assocham and BCC on Friday called on CM Nitish Kumar, deputy CM Sushil Kumar Modi, minister for industries Renu Kumari, agriculture minister Narendra Singh and industries department principal secretary C K Mishra to discuss the details of the summit. “They welcomed the proposal to hold the summit and assured wholehearted support of the state government to make it a successful event,” BCC president O P Sah said on Saturday.

The delegation led by Sah comprised Assocham’s Bihar Development Council chief Ravi Wig, Assocham secretary general D S Rawat and its director U K Joshi. The theme for the summit would be “Advantage Bihar: Encashing Opportunities”, Sah said.

The summit would attract investors with interest in sectors like power, food processing, fruit processing, cold chain units, information technology and professional and technological institutions, Sah said and termed the state government’s new Industrial Incentive Policy as “pragmatic”.

Source: http://articles.timesofindia.indiatimes.com/2011-08-14/patna/29886142_1_investment-summit-bcc-president-d-s-rawat

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