Bihar has now become an attractive State
for investors. This is visible as the Adani Group will make an investment of ₹
8,700 crore here across multiple sectors that in turn would create direct and
indirect employment for nearly 10,000 people, said Adani Enterprises director
Pranav Adani.
Adani was speaking at the plenary
session of Bihar Business Connect 2023, an outreach platform to business
leaders to bring investment into the State and fulfil its promise to create
jobs in the backward State.
“The change is visible, especially in
social reforms, law and order situation, literacy and women empowerment,” said the
director.
The conglomerate, he said, had already
invested ₹ 850 crore in Bihar in logistics and gas distribution sectors and has
created about 3,000 direct and indirect employment opportunities.
“We now want to make our investment
ten-fold,” he said, adding this ₹ 8,700 crore investment plan would see the
Group working on new sectors in the State.
The Adani Group is exploring the
possibility to bring Adani Wilmar Group, a joint venture working in the food
and beverages sector, to Bihar.
Besides, the group has planned to start
manufacturing cement in Bihar. The cement manufacturing projects is aiming for
a 10 million metric tonne target and is expected to create about 3,000 job
opportunities.
Another sector in which the Group plans
to invest is the manufacture of smart electricity meters. Under this
initiative, Adani said, 28 lakh metres will be installed across five cities.
NE Watch Desk
