Business & Policy | News & Insights

BIHAR TEXTILE POLICY

Published: February 29, 2020
Author: TEXTILE VALUE CHAIN

Our Vision

To establish Bihar as the most preferred investment destination by leveraging the state‘s comparative advantages and maximizing employment opportunities for attaining a balanced regional and sustainable development.

Our Mission

 Achieve industrial development growth rate of 15% per annum

 Increase the contribution of the secondary sector to the GSDP to more than 25% in line with the National Manufacturing Policy and ―Make in India‖ initiative

 Create direct employment opportunities for 5 lakh people across all economic sectors  Attract on-ground investment of Rs.15,000 crore

 Create high-end infrastructure facilities to attract investments in the state

 Eradicate regional industrial imbalance by uniformly extending the benefits of investment to all geographical areas of the state

 Provide relatively more economic benefits to the priority sections of society such as SC/ST, women, differently-abled, war widows, acid attack victims, and third gender entrepreneurs.

 Ensure that industries facilitate skill development of local people, so as to achieve the target of 15 million skilled youths as per the ―Seven commitments‖ of the State Government.

 Increase the competitiveness of MSMEs and adoption of ―Zero Defect Zero Effect‖ manufacturing practice

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