UB Group Beer Unit, ITC Milk Processing Plant in Bihar Get Cabinet Nod
Patna: The Bihar cabinet on Tuesday approved investments worth Rs 320 crore in a beer manufacturing unit by the UB Group and a milk processing plant by ITC.
"The beer manufacturing unit will come up at Kopakala near Naubatpur in Patna district. The UB Group will invest Rs 200 crore in it and it will have a capacity of 10 lakh hectolitres per year," Principal Secretary of Cabinet Department Brajesh Mehrotra said after the cabinet meeting.
The Rs 120-crore milk processing unit by ITC would be set up at Sitakund Industrial Area in Munger district, Mr Mehrotra said, adding that it would process 1.5 lakh litres of milk daily to produce skimmed milk powder and butter.
The state cabinet also approved Rs 333.49 crore to be given under Rajiv Gandhi Rural Electrification Scheme to North and South Bihar Power Distribution Companies for changing faulty and burnt electric transformers. The move will help ensure power supply in villages that have been suffering due to this.
In another decision, the cabinet approved manufacturing of 55,228 water hand pumps. These will cost the state around Rs 223 crore and will be installed across Bihar on the recommendation of MLAs and MLCs, he said.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
