In pre-independent India Bihar was one of the major industrial centre of the nation as compared to states like Punjab or Gujarat. Important core industries like Steel, Jute, Paper, Cement and Sugar were located here. With the vast resources available in the State, it should be possible to diversify industrial investment and upgrade infrastructure facilities. There has been major efforts by the State Government to expedite industrial development of the State by focussing on hitherto untapped industrial opportunities in the state. In evolving such policy rapid development of medium and small scale industries has been identified as an important sector for progress.
Private investment is welcomed in areas such as telecom , computers and power .
The government provides a one step clearance for investment proposals and projects to hasten development. The State is looking for investment in areas like drugs and pharmaceuticals, agro-based industries like food processing. Infrastructure facilities like green house, drip irrigation, cold storage, packaging, transportation and power plant will be developed at the planned agro-park. The multi faceted development of silk industry, having tremendous export potential has resulted in self-employment to over 50,000 people. By the year 2000, Bihar hopes to translate its natural advantage to rapid economic growth and prosperity.