ENA State 2024-12-20 17:56:46 <p><span style="font-size:14px"><strong>Patna, Dec 20 (KNN)</strong> Bihar's information technology sector received investment proposals worth approximately Rs 4,000 crore from over 40 national and international companies during the opening day of Bihar Business Connect 2024 on Thursday. </span></p> <p><span style="font-size:14px">The event drew more than 200 industry representatives who gathered to explore the state's potential as an emerging IT hub.</span></p> <p><span style="font-size:14px">State IT Minister Santosh Kumar Suman emphasised Bihar's ongoing digital transformation, highlighting key infrastructure developments including the Bihar State Data Centre and Digital Bihar initiatives. </span></p> <p><span style="font-size:14px">These projects have strengthened connectivity, data security, and e-governance capabilities while improving public service delivery. </span></p> <p><span style="font-size:14px">The minister also underscored the state's cost advantages, noting that operational expenses in Bihar are significantly lower than in metropolitan cities.</span></p> <p><span style="font-size:14px">In a significant announcement, Department Secretary Abhay Kumar Singh introduced the Bihar IT Policy 2024, which includes substantial incentives for investors. </span></p> <p><span style="font-size:14px">The policy offers a Rs 70 crore incentive package for companies investing Rs 100 crore in the state, which Singh claimed is the highest such offering nationwide. </span></p> <p><span style="font-size:14px">He also highlighted the state's readily available infrastructure, including 10 lakh square feet of office space, and a substantial pool of IT professionals eager to return to their home state.</span></p> <p><span style="font-size:14px">The summit featured a panel discussion titled Fostering synergies: Building a vibrant IT/ITES and ESDM ecosystem in Bihar, with participation from industry leaders including HP CEO Som Satsangi and Primers Partners MD Sameer Jain. </span></p> <p><span style="font-size:14px">The panelists expressed confidence in Bihar's potential as an IT investment destination, praising the state's initiatives and its trajectory toward becoming a technology hub. Special Secretary Arvind Kumar Choudhary was also among the key participants in the discussion.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 40341 https://knnindia.co.in/news/newsdetails/state/bihar-attracts-rs-4000-cr-in-it-investment-proposals-at-business-summit 2024-12-20 17:56:46 knnindia.co.in