Patna is the 5th fastest growing city of India, with its roots steeped in agriculture. Sugarcane, grain and sesame are its three largest exports. In a 2009 report by World Bank, Patna was rated the second best city to start a business in. It rakes in the highest GDP of Bihar, with growth rates exceeding 40%.
Jalandhar,Ludhiana,Lucknow, Vishakhapatnam, Vijayawada, Coimbatore, Guwahati, Raipur, Rajkot, Aurangabad, Surat, Nagpur, Bhopal and Vadodara are also among top 15 cities emerging as attractive investment hubs.
Patna Among Top 15 Cities Emerging as Attractive Investment Hubs
Last year, state information technology and education minister Shri Ashok Choudhary on Sunday said the government would initiate steps to make Bihar an IT hub.
Recently Nitish Kumar releases Bihar’s startup policy, announces Rs 500cr fund. Bihar is among the few states in India to have a startup policy that was drafted and introduced in 2016. It was later repealed to incorporate changes based on the suggestions and feedback. Nitish Kumar has given green signal to set up a Rs 500-crore fund to encourage and facilitate entrepreneurship.