Global Investor Summit: Russians will wear shoes made in Bihar, agreement signed with Hajipur company
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Patna. People of India’s friendly country Russia will be able to wear shoes made in Bihar. A delegation of Russian export companies reached the Global Investor Summit held in Patna as buyers. These people discussed about importing shoes to Russia at the stall set up in Gyan Bhawan Autodorium of Competence Export Private Limited, which is involved in shoe manufacturing in Hajipur industrial area. The company representative said that initially the demand for shoes worth about four lakh dollars has been made.
Demand for industrial shoes and casual shoes
Shoe company representative said that a group of Russian buyers have demanded industrial shoes and casual shoes. Which will be fulfilled. The Russian delegation includes four different companies namely Planeta Sirius, Cobalt, SeveriaTrading Avangard. These people have also demanded custom designed shoes from the company representatives. Let us tell you that apart from Patna, Competence Exports Private Limited also has shoe manufacturing units in Kanpur and Kolkata.
no trade deal yet
Similarly, chip manufacturing company Suresh Chip is also going to expand its work with AMD company. Most of the stall operators of textile and leather products said that we have talked to many buyers, but no business agreement has been signed yet. Although the possibility is high. Companies that have expressed such desire include companies like RKD Sports India Private Limited and Zedar. The special thing is that forty people have filled the forms at BIADA’s stall in search of land to set up an industry in Bihar. Necessary information has been sought.
62 percent investment proposals came in general manufacturing sector
In the Global Investor Summit held in Bihar, MOUs were signed on investment proposals worth Rs 31394.14 crore in the general manufacturing sector. This is more than 62 percent of the total amount of investment proposals. MoUs have been signed on investment proposals worth a total of Rs 50,530.17 crore. 99 companies have signed investment proposals in the manufacturing sector. More investment proposals coming in manufacturing in Bihar’s economy is a good sign. Given that the manufacturing sector is considered the backbone of both social and economic development. Investment in this sector increases jobs. This helps in modernization of agriculture. People’s dependence on agriculture is less. The results of the Investor Summit will help in stopping the economic backwardness of Bihar.
Maximum 124 proposals were received in the field of food processing.
In terms of numbers, the maximum number of 124 proposals have been received in the field of food processing. However, despite having more number of proposals, the investment in it is worth Rs 14564.11 crore. This sector has been kept on high priority in the state. It is possible to increase the income of farmers by investing in it, while 30 investment proposals have come in the service sector. An investment of Rs 3179.81 crore is proposed in this. This will be helpful in employment of skilled youth. Eight companies are going to invest Rs 717.55 crore in IT and IT sector. This is a new area for the state in terms of investment. Proposals worth Rs 674.81 crore have been received in the field of Textile and Leather, another high priority area. In this, 17 companies have signed agreements for investment.
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