Giving a fresh impetus to industrial investment in Bihar, a state-of-the-art PEB Fabrication Material manufacturing unit will be established at Industrial Area Bariyarpur (IA Bariyarpur) with an investment of ₹62.27 crore. The unit, to be set up by Experia Prefaxo Pvt. Ltd., is expected to generate approximately 400 direct and indirect employment opportunities in the state. The project will play a significant role in strengthening Bihar’s industrial infrastructure and promoting modern manufacturing activities.
In this regard, a meeting of the Project Clearance Committee (PCC) of the Bihar Industrial Area Development Authority (BIADA) was held under the chairmanship of Shri Kundan Kumar, Secretary, Industries Department Cum MD, BIADA and IDA. During the meeting, approvals were granted for proposals related to the allotment of land and plug-and-play sheds to eligible applicants across various industrial areas of the state. As part of the approvals, Experia Prefaxo Pvt. Ltd. was allotted 5 acres of land at IA Bariyarpur for setting up the PEB Fabrication Material manufacturing unit.
The proposed project is expected to provide new momentum to the industrial and construction sectors in the state. It will also boost local economic activities and create enhanced skill-based employment opportunities for the youth. Furthermore, the project will contribute significantly to the development of a modern industrial ecosystem in Bihar.
Hon’ble Industries Minister Ms. Shreyasi Singh stated that the newly approved industrial projects are providing a new direction to Bihar’s industrial and technological growth. She said that these projects will create large-scale employment and skill-based opportunities for local youth. She further added that the Government of Bihar is continuously working towards creating an investor-friendly environment and establishing the state as a modern industrial and manufacturing hub.
Shri Kundan Kumar, Secretary, Industries Department Cum MD, BIADA and IDA, stated that the state government remains committed to balanced and inclusive industrial development. He said that through BIADA, industrial plots are being allotted to investors through a transparent and time-bound process. He further emphasized that robust infrastructure, improved connectivity, simplified procedures, and policy support are being ensured to create a conducive environment for investors and facilitate the swift and effective implementation of projects.