Economy
Bihar’s Gaya manufacturing city draws ₹4,200 crore in investment proposals
Bihar launched its Gaya manufacturing city entity after signing 12 investment agreements covering proposed projects and jobs.
What happened
Bihar formally launched Bihar Integrated Manufacturing City Gaya Limited, the special-purpose vehicle implementing the 1,670-acre Gaya industrial city. The event included 12 agreements with prospective investors for about 300 acres, involving proposed investments of ₹4,200 crore and an expected 16,095 jobs. Physical construction has begun, while a unified land-allocation portal was launched for investors.
Why it matters
The project creates a formal platform for developing Gaya’s manufacturing cluster, with proposed activity spanning food processing, auto components, pharmaceuticals and other manufacturing sectors.
Source: Press Information Bureau (India)