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Bihar tallies ₹1.21 lakh crore in investment proposals ahead of Gaya industrial city launch

Published on: 24 Oct 2026, 04:57 AM
Bihar tallies ₹1.21 lakh crore in investment proposals ahead of Gaya industrial city launch

Bihar has received 1,091 investment proposals worth ₹1,21,863 crore since 2025, the State's Industries Minister Shreyasi Singh said on Friday, describing Bihar as an "important investment destination".

Speaking to reporters, Ms. Singh said the proposals have the potential to create more than 68,807 employment opportunities. She was accompanied by Industries Department Secretary Kundan Kumar.

The Minister attributed the inflow to the State government's emphasis on infrastructure development, essential facilities and investor-friendly policies, and said industrial development was moving at a rapid pace under Chief Minister Samrat Choudhary. The figures are the government's own and refer to proposals received, not to investment already made on the ground; officials did not give a break-up of how many earlier proposals had been converted into working projects.

Gaya manufacturing city

Ms. Singh said development of the Bihar Integrated Manufacturing City Gaya Limited (BIMCGL), spread across about 1,670 acres near Bodh Gaya, is progressing rapidly. The project is scheduled to be inaugurated by the Chief Minister on Saturday (October 24, 2026) in the Dobhi area, along with the launch of a web portal. The process of land allotment will begin after that.

She said Bihar is among the leading States implementing the integrated manufacturing city scheme on the ground, out of 14 locations where such cities are being developed in the country.

Mr. Kumar said Bihar is, for the first time, developing an industrial manufacturing city with ultra-modern facilities. "Now, the concept is evolving from an industrial area to an industrial city. This means that the city will have various amenities, recreational and sports facilities," he said.

The city will also include pollution-control systems to keep the industrial park environmentally clean, including a Common Effluent Treatment Plant (CETP) and an Integrated Control and Command Centre, he added.

The government is also looking to attract investment from ASEAN and other Southeast Asian countries, pointing to the large number of pilgrims and tourists who visit Gaya and Bodh Gaya, important centres of Buddhism.

Land availability and allotments

The Minister said work is under way to make more than 14,600 acres of new industrial land available for industrial activity. Keeping future requirements in mind, the land acquisition process is being advanced for new industrial areas at 28 locations across 25 districts, she said, which would strengthen land availability for large- and medium-scale projects.

The Bihar Industrial Area Development Authority (BIADA) has allotted 727.02 acres of land to 521 units from the beginning of the financial year 2025-26 until now, Ms. Singh said. These projects envisage an investment of ₹18,380.25 crore and the creation of 49,167 employment opportunities.

Bihar has a network of 94 industrial areas. The Bihar Semiconductor Policy 2026 has been framed to promote advanced technology-based industries in the State, the Minister said.

Under the Mukhya Mantri Udyami Yojana, 47,075 beneficiaries have received assistance through six sub-schemes, with more than ₹3,414 crore disbursed, she said.

What the numbers mean

Investment proposals announced at official briefings are commitments by companies and individuals, not funds already invested. Their conversion into functioning units depends on land possession, statutory clearances, financing and market conditions, and employment figures cited for such projects are projections rather than jobs already created.

Bihar's industrial base has historically been small relative to its population, with a large share of its workforce dependent on agriculture. The State government has in recent years focused on building industrial land banks, industrial areas and dedicated manufacturing clusters, and the BIMCGL is being presented as part of that effort. Detailed data on the share of past proposals that have materialised was not made available at the briefing.

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