Addressing a meeting organized to celebrate the 62nd anniversary of the Bihar Industrialists Association (BIA) in Patna on Friday, Deputy Chief Minister Sushil Kumar Modi said the government had received a record number of investment proposals from a number of investors and he was expecting about 40% of them to be approved by the government.
"Today Bihar may be nonexistent on the map of industries of India, the future holds an entirely different picture with the state virtually becoming the choice destination of nation's leading industrialists," Modi said amidst loud applause.
"The Nitish government has opened its door to investment in the state and now it is up to the businessmen to take full advantage of it," he said.
BIA president K. P. S. Kesari said the state government had taken a number of measures to eliminate the fear psychosis among the businessmen. "This is clearly visible by the sheer number of applications for setting up new business houses and industries in the state, Kesari said.
The Deputy Chief Minister also gave away a number of awards to several industrialists. The B. P. Gupta award was given to the owner of Hari Nagar Sugar Mill of East Champaran district; Shanti Prasad Jain award to ITC general manager B. Kulkarni, and Sita Ram Rungta award was given posthumously to R. K. P. N.
