New Delhi, July 26: After Hyderabad, Ludhiana, Bihar Investors Meet in New Delhi on Tuesday attracted country’s big industrialists of textile & garments exporters. The objective of the meeting was sharing the highlights of Bihar Textile Policy 2022 and attracting investment proposal in Bihar.
Industrialists Harish Ahuja, MD, Shahi Exports. Virendra Uppal, CMD Richa Global, Gautam Nair, MD, Matrix Clothing, President of FIEO and Founder and MD of Poppys Group, Dr. A Sakthivel, Narendra Goenka, Chairman, Apparel Export Promotion Council and MD, Texport Industries, Deepak Seth, MD, Pearl Global, HK L Magu, MD, Jyothi Apparel, Anil Verma, MD, Monica Garments, Rakesh Vaid, MD, Usha Fabs, Vijay Agarwal, MD, Creative Garments, RB Goenka, MD, Texport Syndicate India Limited, Praveen Agarwal, MD, Anika Apparel, Premal H Udani, MD, Kaytee Corporation, Ashok G Rajani, MD, Creative Lifestyle Pvt Ltd. V Elangovan, MD, SNQS International Group, PPK Paramashivam, MD, SCM Garments, R Ramu, MD, Fashion Neats, Harish Dua, MD, KG Exports, Vineet Sethi, MD, Orient Fashions, Animesh Saxena, MD, Neeti Clothink, Industrialists Vivek Saxena, Atul Sood, N Thirukumaran and many others participated in the investors meet.
Bihar industries minister Syed Shahnawaz Hussain and principal secretary, Industries department, Sandeep Poundrik presented the Bihar Textile and Leather Policy 2022 and gave the detailed presentation about future plans of the industrialisation in the State. They also showcased the efforts being made for the industrialisation of the state in front of all the major exports of textiles and garments industry in the Country.
All the industrialists gathered in the Bihar Investors Meet organised by the Apparel Export Promotion Council (AEPC) praised the policy of Bihar and the steps taken for the industrialisation of the State. The big industrialists of textile and garments described the textile and leather policy of Bihar as the best in the Country as compared to the policies brought by many other States.
A Q&A session was also held in the Investors’ Meet, in which the industrialists got complete information on the policy of Bihar and the status of infrastructure in the State, and also gave some important suggestions. Industrialists learned about many important topics including plug and play facility, common effluent treatment plant with zero liquid discharge (CETP/STP), solid waste management, trained manpower available in the state, electricity, night work policy for women, which was answered satisfactorily by the industries minister Syed Shahnawaz Hussain and the principal secretary of industries department Sandeep Poundrik.
Addressing the meeting, Syed Shahnawaz Hussain said that it is better to invest in Bihar than to invest in Bangladesh. This will not only benefit the country but Bihar will also be able to play its part in the strengthening of the Country’s economy
He appealed to all the industrialists to come to Bihar and see the reality closely and said that whatever resources, suitable infrastructure and policy level or other help from the government for the success of the industry, will be provided definitely.
In his address, Sandeep Poundrik said that infrastructure is being developed rapidly in Bihar with plug and facility and these facilities are being developed in those areas where textiles, garments and related facilities are being developed. Sufficient workforce is available for industries.
Naredra Goenka, Chairman, Apparel Export Promotion Council and MD of Export Industries, said that the policy is very good, but the benefit of subsidy given under the policy should be provided immediately. In response to this, Hussain said that all the industries which are set up in Bihar are being paid the subsidy without any delay and they have a guarantee for this that it will never be delayed.
Shahi Exports MD Harish Ahuja and Richa Global CMD Virender Uppal asked questions about the availability of land and rates of industrial land, in response to which Sandeep Poundrik said that recently we have purchased land in 54 industrial areas. The price has been reduced from 20 percent to 80 percent. Besides, the availability of land for industry is also sufficient. He said that we have a land bank of 2900 acres, so that there will neither be any delay in land allotment nor there will be any shortage of land.
