New Delhi: In a noteworthy development, a Bihar government delegation visited the National Stock Exchange (NSE) head office in Mumbai on December 17 and the Nashik Municipal Corporation on December 18. The visit aimed to gain insight into new avenues for fundraising through the Capital Markets.
The delegation included the Managing Directors of Bihar State Road Development Corporation and Bihar State Power Transmission Company Ltd., the Commissioner of Patna Municipal Corporation, the Additional Secretary of the Urban Development and Housing Department, and the Joint Commissioner of the Finance Department, as informed by NSE in a post on X.
The delegation visited the head office and interacted with NSE officials, including NSE Managing Director and CEO Ashish Chauhan. The visit is likely to boost investment opportunities in the state of Bihar, which is eyeing a spot in the top developed states in the country within the next five years.
We are pleased to host a senior delegation from the Government of Bihar in Mumbai and Nashik. The delegation visited @NSEIndia HO today and will visit Nashik Municipal Corporation tomorrow to gain insights into fund-raising avenues through the capital markets.
The delegation,… pic.twitter.com/Osbv3N1lw1
— NSE India (@NSEIndia) December 17, 2025
The visit of the officials of the Bihar government has arrived at a time when the state cabinet, led by Chief Minister Nitish Kumar, accorded nod to the 7 Nischay-3(Resolve) for (2025-30). The government, under the program, has set a target to attract Rs 50 lakh crore in private investment in the state over the next 5 years.
The NDA government of the state, through 7 Nischay programmes, has also announced to double the per-capita income and provide sufficient employment opportunities by providing a whopping one crore jobs and employment opportunities to the residents.
The state government has also formed three high-level committees, chaired by the Chief Secretary, to drive rapid industrialisation in the state. “The main objective of forming these committees is to make Bihar the new ‘tech hub’ of eastern India and develop a world-class work environment, along encouraging reputed entrepreneurs and talented youths to setup industries in the state,” announced CM Nitish Kumar.
“We have set a target to ensure at least 50 lakh crore in private investment in the state over the next five years,” he added.
The government is also aiming to expand urban settlements in the state by strengthening civic facilities. 11 new satellite cities equipped with modern technology-based facilities and affordable housing will soon be developed, the government said in a recent release. The government has also announced to strengthen the infrastructure with construction of five new expressways along developing a Film City.
