Start-up Opportunities for Bihar (Lucrative Investment Opportunities)

Description:

Bihar is a state in eastern India. It is divided into 9 divisions and 37 districts, and has Patna as its capital. It has a very rich history, and is also an attraction for travelers and tourists. Almost 58% of Biharis are below the age of 25, which is the highest proportion in India. Bihar has always been a land of attractive economic opportunities.

Thrust Areas for Investment in which the Entrepreneur can pursue….

Food Processing and Agro-based Industries: The economies of Bihar state is highly agrarian in nature, characterized by larger dependence of majority of people on the agriculture sector. 

 Textile Industry (Handloom & Silk): Textile is among the nine sectors or thrust areas which will have separate policies. "There are many areas in Bihar which are known for small-scale textile units. 

Tourism related Industries: Bihar is one of the oldest inhabited places in the world with a history going back 3000 years. Bihar tourism has taken a commendable step of developing various tourism circuits. 

Sugarcane Industry: Sugar industry is the largest agro-based industry in Bihar. The industry generates sizeable employment directly in the farm sector and indirectly through ancillary industries and related activities. 

Leather based Industries: Leather-based industries have vast potential in the state owing to Bihar’s rich cattle population and the high quality of their hides. There are 50,000 footwear artisans in the state.

 Energy / Non-Conventional Energy: Power is the prime mover of the economy and a critical infrastructure for economic and industrial growth.

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