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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

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Shri R.S Srivastav, I.R.S

Investment Commissioner

Deputy Chairman

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Mr. Sushil Kumar

Deputy Investment Commissioner

Special Invitee

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Mr. Anand Sinha

Independent Director, IDFC Bank

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Dr. Saurabh Srivastava

Chairman of CA Inc., India

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Mr. Vishwavir Ahuja

Managing Director & CEO of RBL Bank

Special Advisor

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Mr. Nimesh Kampani

Chairman, JM Financial

Members

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Shri Santosh Kr. Sinha

ED,Bihar Industrial Area Development Authority (BIADA)

Vishal Verma

Vishal Verma


Rishikesh Kumar singh

Rishikesh kumar Singh


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Mr. Mayur Bansal

CEO/Director, Sakimah Food Industries Pvt Ltd.
Ganinath Floor Mills Pvt Ltd.

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Mr. P.K. Agrawal

President, Bihar Chamber of Commerce & Industries(BCCI)

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Shri. Ram Lall Khetan

President, Bihar Industries Association(BIA)

Member Secretary

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Shri. Shahbaz Alam

Director, Alchemie Group

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
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© Copyright Investment Commissioner , Govt. of Bihar 2017