loader

Why Invest in Bihar?

Bihar

  • Bihar is one of the fastest growing states in India. During the period 2005-06 to 2014-15, the GSDP of Bihar at constant prices grew annually at 10.5 percent, which is one of the highest among all major Indian states.

  • Access to ports such as Kolkata and Haldia and to raw material sources and mineral reserves from the neighbouring States.

  • Bihar is primarily an agrarian state and is one of the largest producers of vegetables and fruits in India.

  • Food processing, dairy, manufacturing, healthcare are some of the fastest growing industries in the state.

  • The State Government, in the last few years, have sanctioned a sum of INR 1650+ crore to Bihar Industrial Area Development Authority (BIADA), for land acquisition to ensure rapid creation of the land bank and industrial areas.

00 MM

Endowed with Water Resources - Receives an Average Rainfall each Year

00 Km

Total Length of the State Highways (SH)

00 Km

Total length of National Highways in the state

Food Processing Sector

Bihar, fundamentally an agrarian economy, has a large agricultural and animal production base offering abundant supply of raw material to be processed for human consumption.

The State offers a substantial opportunity for the food processing industry and is expected to play a leading role in the industrialization drive of this state. Some of the strategic advantages in this sector across key product offerings arelisted below.


State Profile of Bihar

SPV/IA Name District Name & Contact Details of Key Contact person of SPV/IA Total Land Area(In Acre) Total Leasable Area (In Acre) Leasable Area Available (In Acre) Focus Crops Sector Status
Pristine Mega Food Park Pvt Ltd Khagaria
  • Name: Anand Jha, Designation: CEO
    Tel: +91 11 47235800, 46772223/ 24/27
    Mob: 9871772926,
    Email Id: anand.jha@pristinemegafoodpark.com

  • Name: Amit Pandey, Designation: Deputy General Manager
    Mob: 8826692838, 97714 38740, 011-47235800
    Emailid:amitpandey@pristinemegafoodpark.com, amitpandey@pristinelogistics.com, aashish@prisitnelogistics.com

70 39 18.875 Mango, Litchi, Banana, Papaya, Pineapple, Guava, Potato, Onion, Cauliflower, Brinjal, Tomato, Peas, Rice, Maize, Wheat, Makhana Fruits & vegetables, Food grains Under Implementation
Project Name Contact Location Status
M/s Shreekangan Food Park Mr Subhash Kumar,
Email: kanganshree@gmail.com,
Mob: 9771465824
Agapur, PS Mansurchak, Sub- Division Teghra, Distt. Begusarai, Bihar Under Implementation
Project District Sector Milk/Storage Processing (Lakh Litre Per Day) Total Capacity of
Cold Storage/ CA/MA Storage/
Frozen Store (Lakh MT)
Reefer carriers & Tanker (Nos) Status
Ganga Dairy Ltd. Begusarai Dairy 1.30 0.000 - Completed
Mahua Cooperative Cold Storage Limited Vaishali F&V - 0.035 5 Under Implementation
RK Agri Biz LLP Muzaffarpur F&V - 0.000 2 Reported Completion of Project
Shalimar Cold Storage Patna F&V - 0.048 2 Under Implementation
ABZ Agro Pvt Ltd Kishanganj Meat - 0.366 3 Under Implementation
Saran Dairy Producer Company Limited Gopalganj Dairy 0.50 0.000 5 Under Implementation
S. No. Name & Address WarehouseMan Name Mobile Capacity
1. Central Warehouse, Munger, APMC Yard, Safiabad, Distt-Munger Central Warehousing Corporation - 15866
2. Avyn Enterprises Private Limited, Warehouse no.2,Plot no. 203,204 , Garhbanaili, Purnia , Distt-Purnia Janhavi Promoters Private Limited - 7320
3. National Collateral Management Services Limited, Jiwarpur Kumhira, Distt-Samastipur National Collateral Management Services Limited - 14879
4. Ram Nandan Roy WH, Godown No. 1,2 &3, Khata No 462,Mauja- Abdulla Nagar, Gulabbagh, Distt-Purnia Arya Collateral Warehousing Services Pvt Ltd 9871768769 6037
5. Meena devi Sancheti Wh, Located at Purnea, Khata No:-171,100 Khasra No: 259,219,222, Mauza:Fatehpur Near NH-57, Araria Road, Kasba, Purnea, Bihar, Distt-Purnia National Collateral Management Services Limited - 5406
6. National Collateral Management Services Limited,NH-57, Araria Road, Khasra No. 440, 441, 442, 447, 448 and 449, Distt-Purnia National Collateral Management Services Limited - 17136
7. Arun kumar agarwal,Khata No. – 40, Khasra No. - 14, Mouza - Sarochia, Post- Garhbanaili, Purnea, Bihar – 854325, Distt-Purnia Janhavi Promoters Private Limited - 2833
8. Shree Durga Warehouse, At – Nayanagar, Hasanpur, Distt-Samastipur ERGOS BUSINESS SOLUTIONS PRIVATE LIMITED 9916129045 2200
9. RAMASHANKAR WAREHOUSE, SORMAR, KALYANPUR, Distt-Samastipur ERGOS BUSINESS SOLUTIONS PRIVATE LIMITED  9916129045 919
10. Central Warehouse, Siwan, Abdul Samadnagar, Mohiuddinpur, Siwan, Distt-Siwan Central Warehousing Corporation - 14794
11. Central Warehouse, Madhepura, Ganesh asthan Madhepura, Distt-Madhepura Central Warehousing Corporation - 4211
12. Central Warehouse, Kishanganj, NEAR IMLI GOLA CHOWK, PASCHIMPALLI ROAD, Distt-Kishanganj Central Warehousing Corporation - 12000
13. Central Warehouse, Musallahpur, APMC YARD, Musallapur, PO-Mahendru, Distt- Patna Central Warehousing Corporation - 7487
14. Central Warehouse, Bettiah, APMC YARD, BAZAR SAMITI, Distt-Pashchim Champaran Central Warehousing Corporation - 20000
15. Kharsand Purvi PACS-02 WH, Kharsand, Kalyanpur, Distt-Samastipur ERGOS Business Solutions Private Limited 9916129045 926
16. Shree Ram Chandra Warehouse, Vill + Po -Kusaiya, Ps - WarishNagar, Distt- Samastipur ERGOS Business Solutions Private Limited 9916129045 1173
17. Ramdiri-1 Prathmik Krishi Sakh Samiti Ltd., Ramdiri 1, Jagatpura, Distt-Begusarai ERGOS Business Solutions Private Limited 9916129045 1130
18. Vishwajeet Warehouse, Rasulpur, Sormar Baghla, Distt-Samastipur ERGOS Business Solutions Private Limited 9916129045 1720
19. Central Warehouse, Mokama, APMC YARD, Mokama, Distt-Patna Central Warehousing Corporation - 5000
20. Central Warehouse, Katihar, Bazar Samati, Distt-Katihar Central Warehousing Corporation - 8000
21. Central Warehouse, Khagaria, Bazar Samati, Distt-Khagaria Central Warehousing Corporation - 10000
22. Central Warehouse, Samastipur, jitwarpur, Distt-Samastipur Central Warehousing Corporation - 17650
23. Central Warehouse, Nokha, Bazar Samati, Distt-Rohtas Central Warehousing Corporation - 6220
24. Central Warehouse, Patna City, Bazar Samati, Katra Bazar, Patna City, Distt-Patna Central Warehousing Corporation - 6500
25. Central Warehouse, Supaul, Gaurav Garh, Distt-Supaul Central Warehousing Corporation - 6280
26. Central Warehouse, Darbhanga, APMC YARD, SHIVDHARA, DARBHANGA, BIHAR, PIN-846004, Distt-Darbhanga Central Warehousing Corporation - 6220
S. No. District ODOP
1. Araria Makhana (Foxnut)
2. Arwal Mango
3. Aurangabad Strawberry
4. Banka Katarni Rice
5. Begusarai Chilly
6. Bhagalpur Jardalu Mango
7. Bhojpur Pea
8. Buxar Mentha
9. Darbhanga Makhana (Foxnut)
10. East Champaran Litchi
11. Gaya Mushroom
12. Gopalganj Papaya
13. Jamui Jackfruit
14. Jehanabad Mushroom
15. Kaimur Guava
16. Katihar Makhana (Foxnut)
17. Khagaria Banana
18. Kishanganj Pineapple
19. Lakhisarai Tomato
20. Madhepura Mango
21. Madhubani Makhana (Foxnut)
22. Munger Lemon Grass (Aromatic Plant)
23. Muzaffarpur Litchi
24. Nalanda Potato
25. Nawada Betel Vine
26. Patna Onion
27. Purnia Banana
28. Rohtas Tomato
29. Saharsa Makhana (Foxnut)
30. Samastipur Turmeric
31. Saran Tomato
32. Sheikhpura Onion
33. Sheohar Moringa
34. Sitamarhi Litchi
35. Siwan Onion
36. Supaul Makhana (Foxnut)
37. Vaishali Honey
38. West Champaran Sugarcane Products

State Policy & Fiscal Incentives

Download PDF
Policy & Incentives Description
Name of Policy
  • Bihar Industrial Investment Promotion Policy (2016)

Nodal Agency
  • Bihar Horticulture Development Society (BHDS), Agriculture Department, Government of Bihar will be the nodal agency for implementation and monitoring of this policy in the state.

Single Window Clearance System

 

Power/Electricity Subsidy

All new units shall be eligible for 100% reimbursement of the electricity duty on power including captive power consumed by the same unit or exported to the BSPHCL from the date of commencement of commercial production for a period of 5 years subject to the overall limit defined above. Electricity duty exemption will not be available on captive power exported to entities other than BSPHCL.

Capital Subsidy
  • Share of capital subsidy to the eligible investors will be @15% of the eligible project cost to individual investors/ partnership/companies/LLP and @25% to Farmer Producer Companies (FPCs). Scheduled Castes, Scheduled Tribes, and Extremely Backward Classes (EBC) investors will receive an additional 5% capital subsidy, and Women entrepreneurs, acid attack victims, war widows, differently-abled, and third gender investors can avail 2% additional capital subsidy.

  • The projects with minimum approved eligible project cost of Rs. 0.25 cr. and maximum of Rs. 5 cr. shall be eligible for availing the benefits under this policy.

  • The Capital subsidy support shall be entirely credit-linked and the term loan from the Bank/Financial Institution should not be less than 20% of the project cost.

  • Capital subsidy under the said policy is allowed for expansion/modernization of existing projects in the identified sectors, only if the existing capacity of the said project is increased by at least 25% by way of such modernization or expansion or diversification.

Interest Subsidy
  • A private industrial park would be eligible for an interest subvention at the rate of 10% or actual rate of interest on term loan, whichever is lower, to the extent of 35% of the approved project cost subject to a limit of INR50 crore

  • State shall extend Interest Subvention. to all the eligible units on the term loan availed by the unit from a scheduled nationalized bank or financial institution approved by RBI/SEBI.

  • Rate of interest for interest subvention will be 10% or actual rate of interest on term loan, whichever is lower. For micro and small units, there shall an interest subvention of 12%

  • The overall limit of this subvention for priority sector units will be 30% of the approved project cost. The subvention limit for non-priority sector units shall be 15% of the approved project cost. The upper limit of this subvention shall be Rs.10 crore.

  • Disbursement of the subvention amount would be in instalments linked with the term loan repayment schedule stipulated by the concerned bank/financial institutions which extends the term loan to the unit. Interest shall not be paid on promoter‘s contribution in any form in the unit.

  • In case of a new unit established by a SC/ ST entrepreneur, the rate of interest for interest subvention will be 11.5% or actual rate of interest on term loan, whichever is lower (except for Micro and Small units). In case of micro and small units being established by a SC/ ST entrepreneur, the rate of interest for interest subvention will be 13.8% or actual rate of interest on term loan, whichever is lower

  • The overall limit of this subvention will be 34.5% of approved project cost (for priority sector projects)/ 17.25% of approved project cost (for non-priority sector projects). The upper limit of this subvention shall be INR 11.5 crore

VAT/CST/SGST/TAX Exemption/Reimbursement
  • No stamp duty to be paid in respect of land allotted by the government to IDA/ BIADA

  • 100% reimbursement of stamp duty/registration fees levied on lease/ sale /transfer of industrial land/shed as also those outside the jurisdiction of Bihar Industrial Area Development Authority would be available to all the new units after the unit commences the commercial production. This reimbursement of stamp duty and registration fees will be granted only for the first time and will not be applicable in subsequent stages of lease/sale/transfer. This incentive will be available to new units only.

  • 100% reimbursement of ―land conversion fees ―change in land use‖ fees being levied for conversion of agricultural land after the unit commences the commercial production

  • All new units can avail tax related benefits with a maximum limit as defined below:

    • Non-priority sector:70% of the approved project cost

    • Priority sector: 100% of the approved project cost

  • All new micro and small units will be given tax benefits by additional 30% of the approved project cost.

  • All units engaged in generation of solar and/ or renewable energy for commercial purpose will be given tax benefits by additional 30% of the approved project cost.

  • All new units will be entitled to avail 80% reimbursement against the admitted VAT/ CST/ Entry Tax deposited in the account of the State Government (excluding strictly any tax paid by them arising out of a purely trading business), for a period of 5 years from the date of commencement of commercial production. The VAT/Entry Tax/CST reimbursement shall be applicable only to the net tax payable, after adjustment of input tax credit against the output tax liability

  • In case of a new unit established by a SC/ ST entrepreneur, she/ he will be entitled to avail 92% reimbursement against the admitted VAT/ CST/ Entry Tax deposited in the account of the State Government (strictly excluding any trading related taxes paid by them), with a maximum limit as defined below:

    • Non-priority sector:80.5% of the approved project cost

    • Priority sector: 115% of the approved project cost

Employment Generation
  • For IT and ITES Sector, ESDM, Leather and Textile Sector and Food Subsidy Processing, 50% reimbursement (in case of male workers) and 100% reimbursement (in case of female workers) of expenditure on account of contribution toward ESI and EPF scheme for a period of 5 years for new units for those employees who are domicile of Bihar. Maximum limit for reimbursement will be Rs. 1000!- per month for SC!ST and women employee and Rs. 500!- per month for general employee.

Freight/Transport Subsidy

Not Available

Others

    Land Conversion Fees

  • 100% exemption of "land conversion fees"/ "change in land use" fees being levied for conversion of agricultural land.

Lets Get in Touch!

Connect with us for any Investment Related Query

Call us

+91 92 0548 0590

How can we help you?