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Bihar Investment Promotion Committee (BIPC)

Constitution of Bihar Investment Promotion Committee

In order to promote investment into the State of Bihar, Bihar Investment Promotion Committee (BIPC) is constituted under the chairmanship of Investment Commissioner, Government of Bihar as under :


Chairman

Eileen2017

Shri R.S Srivastav, I.R.S

Investment Commissioner


Deputy Chairman

Eileen2017

Mr. Sanjay Singh

Deputy Investment Commissioner


Special Invitee

Eileen2017

Mr. Anand Sinha

Independent Director, IDFC Bank

Eileen2017

Dr. Saurabh Srivastava

Chairman of CA Inc., India

Eileen2017

Mr. Vishwavir Ahuja

Managing Director & CEO of RBL Bank


Special Advisor

Eileen2017

Mr. Nimesh Kampani

Chairman, JM Financial


Members

Eileen2017

Mr. Bhogendra Lal

ED, Bihar Industrial Area Development Authority (BIADA)

Eileen2017

Mr. Prabhat Sinha

Vice Chairman , Confederation of Indian Industry (CII) Bihar State Council

Eileen2017

Mr. Rananjay Kumar

PPP Consultant, Infrastructure Development Authority (IDA)

Eileen2017

Mr. Sanjay Yashroy

Managing Partner, Maitreyi Capital Advisors

Eileen2017

Mr. Sanjay Pugalia

President & Editorial Director, The Quint

Eileen2017

Mr. Shubham Mukherjee

Head Marketing, Corporate Communication, Bain & Company

Eileen2017

Dr. Subramanya Kusnur

Founder Chairman & CEO, Aquakraft


Scope of Work

  • To promote BIHAR as a destination for Business, Investments & Leisure
  • To attract Investments in to various areas such as Food Processing, Tourism, IT, ITes, Electrical Goods, Electronic hardware manufacturing, Textile, Leather, Small Machine Manufacturing, Plastic & Rubber, Renewable Energy, Healthcare, Technical Education

Role of the Committee

  • Identify and enumerate the list of prospective projects
  • Identify Strategic Operating Partners
  • Identify Strategic Investment Partners
  • Create sub groups for specific sectors/ working
  • Propose Project Management Models, Structures & SPVs
  • Promote opportunities for FDI by Foreign Sovereign Funds, Multilateral Aid Agencies, Development Financing Agencies
  • Conduct Investment Camps at pre-qualified destinations
  • Participate in International Trade & Investment Fairs
  • Policy Advocacy

Operating Model

  • The Committee is constituted under the Investment Commissioner, Government of Bihar, charter of which will be placed and adopted in the 1 st Committee meeting.
  • The Committee will draft a Vision Plan for the next 5 years on a year on year basis.
  • The Committee will meet once in every month to monitor the activities and review the working of the Vision document.
  • Special Invitee & Special Advisor may meet once in two months to monitor the activities and review of the Vision Document.
  • An Agenda will be circulated with adequate notice taking into account the time and convenience of the Members.
  • Minutes of the meetings will be maintained.
  • The entire operation of the Committee will be digital to be governed under the Digital Management Specialist of the Committee who will be Member Secretary.
  • The Committee will be housed at the Investment Commissioner's office in BKC Mumbai.
  • Member's role will be Honorary.
  • All travel, stay, incidental & out of pocket expenses incurred by the Members under prior approval from the Chairman will be borne by the Investment Commissioner's office.

Term

  • The term of the Committee will be for 2 years