Published On: Fri, Dec 20th, 2024

‘Single-window clearance system in state stands out’ – Times of India



Patna: The two-day Bihar Business Connect 2024 (BBC) radiated positivity and optimism. Investors, convinced by Bihar’s evolving narrative, showed confidence in the state’s growth potential. Even those who did not find immediate opportunities remained hopeful, buoyed by the encouraging atmosphere since the inception of the BBC series last year.
“The main problem with Bihar is its wrong perception, aggravated by negative portrayals in films. But the ground reality is so different and progressive, which attracted me here. As a result, I have committed Rs 1,000 crore this time through an MoU,” said Rohit Kumar, founder and CEO of Zedsoftpoint, a company specializing in IT services and customised software development.
Kumar, who attended BBC 2023 to assess the state’s potential, was impressed by Bihar’s industrial advancements. “The single-window clearance system and speedy land allotments at good rates really stand out,” he added. Kumar’s unit in Chhapra is already under progress with plans for new projects in Hajipur and Patna.
Amit Saraogi, chairman and managing director of Anmol Feeds Private Limited, echoed similar sentiments. A Bihar native who shifted his base to Kolkata in 2000, Saraogi signed an MoU worth Rs 40 crore during BBC 2023 and he now operates four units in Muzaffarpur. “I have always been a brand ambassador of Bihar, even during its challenging years. Today, the positive transformation here is undeniable,” he said.
Saraogi’s company, which started in Muzaffarpur in 1999, has trained around one lakh farmer families in poultry feed production, contributing to the district’s status as a leading poultry feed hub in the country.
Amardeep Kumar, founder and managing director of Morang Desh Ventures Private Limited (dealing in incense sticks), praised the state’s supportive environment and expressed confidence in expanding his business further. “The positivity on the ground is tangible and I am hopeful for even greater opportunities,” he said.
Even sectors yet to find opportunities remained encouraged. “We have not received any clients seeking funds yet, but we are not disappointed. This is just the beginning and we are optimistic that clients will soon approach us,” said Parichay Shreshtha, regional manager of Tata Capital Limited.

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