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Bihar Integrated Mfg City Gaya Takes Shape

SPV formed; to attract Rs 16k cr investment

Bihar Integrated Mfg City Gaya Takes Shape

Bihar Integrated Mfg City Gaya Takes Shape
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9 Jan 2025 12:47 PM IST

Patna: The Bihar government has formed a special purpose vehicle, Bihar Integrated Manufacturing City Gaya Ltd (BIMCGL), to spearhead the ambitious integrated manufacturing cluster project in Gaya, which is likely to attract Rs16,000 crore of investment, the state government said on Wednesday.

“Incorporated on January 6, 2025, this move marks a crucial step in clearing the deck for immediate construction and accelerating the project’s timeline,” an official press statement said.

The project encompasses comprehensive infrastructure development, including a 29.89-kilometer internal road network, modern power substations, advanced water supply and sewage treatment systems, integrated waste management facilities, skill development centres, commercial spaces and administrative offices.

“Strategic connectivity is a key focus. The cluster will benefit from its proximity to Gaya Junction, major National Highways and the upcoming New Paharpur Railway Station. This location offers excellent accessibility to crucial logistics points, including Haldia Port and inland terminals at Gaighat (Patna) and Ramnagar (Varanasi),” it said. Bihar Industrial Area Development Authority (BIADA) and National Industrial Corridor Development Programme (NICDC) on November 12, 2024 entered into a shareholders agreement (SHA), and the Department of Industries, Government of Bihar, signed a State Support Agreement (SSA).

“The SPV features a shared governance model with a board of directors comprising equal representation from the state and central governments.

Integrated manufacturing cluster Bihar Industrial Area Development Authority (BIADA) strategic connectivity Bihar Integrated Manufacturing City Gaya Ltd (BIMCGL) Rs16 000 crore investment 
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