Patna, Aug. 26 -- The Bihar government has implemented new Bihar Industrial Investment Promotion Package 2025 to encourage industries in the state.
In a post shared on X today, Chief Minister Nitish Kumar said, "Under the package, an interest subsidy of up to Rs 40 crore will be provided. New units will receive reimbursement of net State GST (SGST) up to 300 per cent of the approved project cost for 14 years.""A capital subsidy of up to 30 per cent will be granted. Export promotion will be limited to Rs 40 lakh per year for 14 years. In addition, assistance will be given for skill development, environmental protection, use of renewable energy, reimbursement of stamp duty and land conversion fees, support for private industrial parks, paten...