With the possibility of companies shifting their factories from Bangladesh to India due to the current situation, Bihar sees an opportunity to attract textile manufacturers. Informal discussions have begun with major organizations, including the Apparel Council of India and the Confederation of Indian Industry (CII), to position Bihar as a viable destination.
Bihar is strategically located less than 1,000 km by road from Bangladesh's manufacturing hub. During a recent textile investors meet in Bihar, the Apparel Council of India held its board meeting in the state, becoming well-informed about the incentives available in Bihar’s textile sector.
The Bihar government has assured the Apparel Council and CII that any company interested in relocating from Bangladesh will receive immediate attention. Last year, Bihar officials, including Additional Chief Secretary of the Industry Department SandipPaundrik, engaged with Bangladeshi entrepreneurs to discuss investment opportunities in Bihar.
The state offers extensive plug-and-play facilities and a dedicated textile policy with substantial subsidies to attract manufacturers. Bihar's proactive approach aims to welcome Bangladeshi businesses looking for a new base.
