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Foreign Direct Investment (FDI) in Bihar

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Overview

Foreign Direct Investment (FDI) in Bihar

Factfile

Why Invest in Bihar

  • Agricultural Potential: Known for major crops like rice, wheat, and sugarcane.
  • Manufacturing & Services Growth: Significant developments in food processing, textiles, and education services.
  • Connectivity: Improved infrastructure and connectivity are transforming the state’s business environment.
  • Government Focus: Strong emphasis on industrialization, infrastructure, and ease of doing business.

Incentives & Schemes

  • Industrial Investment Policy: Tax benefits and subsidies for sectors like manufacturing, food processing, and textiles.
  • Agricultural Investment: Focus on agro-processing and food-based industries to add value to agricultural output.
  • Infrastructure Development: Government efforts to enhance roads, transport, and logistics infrastructure.

Key Economic Data: Bihar

Category Details
Capital Patna
GSDP (2023–24) ₹8.03 lakh crore
Growth Rate 12.4%
Per Capita Income ₹69,147
Top Sectors Agriculture, Manufacturing, Services
FDI Share in India 1%
Top FDI Sources Singapore, UAE
Cumulative FDI (FY2024) ₹1,200 crore (Q1)
Policy Impact Focus on infrastructure, manufacturing, and agriculture
Recent FDI ₹450 crore (2020–21)

Latest Insights

  • Bihar attracted ₹1,200 crore in cumulative FDI by Q1 FY2024.
  • The state continues to show strong agricultural growth, with a growing focus on agro-processing.
  • Government policies are driving the expansion of manufacturing, infrastructure, and services.