Google Search

Search

Already a Member ?

Best Business Opportunities in Bihar - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship

Wednesday, March 9, 2016

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.

The advantageous features of the State are:-

  • Responsive administrative set up
  • Skilled and hardworking labour force
  • Diversified agricultural and industrial base
  • Excellent infrastructure network
  • Investor friendly environment
  • Vast and rapidly expanding consumer markets etc.                                                                                                                                                                                 

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

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

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

Power Generation Plants in Bihar.

Muzaffarpur Thermal Power Station (MTPS)

Koshi Hydel Power Station (KHPS)

Nabinagar Super Thermal Power Plant

Barh Thermal Power Plant

Barauni Thermal Power Station (BTPS)

7. Mines & Minerals Industries: Bihar state is rich in mineral resources. However, there are some mineral widely distributed in the state. It includes Steatite, Pyrites, Quartzite, Crude Mica and Limestone. In some parts of the state extensive quarrying is practiced.

See more: http://goo.gl/O9vKsP 

Source: NPCS Team


About NIIR

Hide ^

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

^ Top