HUDCO Signs MoU with Bihar for Rs 25,000 Crore Industrial Infrastructure Funding
The funding will support the development of industrial park projects across various districts, including land acquisition and the creation of enabling infrastructure.
Under the MoU, the Infrastructure Development Authority, Bihar (IDA) will facilitate and implement identified infrastructure development initiatives, including the development of industrial parks. The authority may undertake land acquisition, purchase, consolidation and development to ensure timely availability of land for the projects.
The agreement is aimed at enabling HUDCO to support the planning, development and financing of proposed industrial parks in Bihar in a time-bound manner, in accordance with state government rules and regulations.
The partnership is expected to strengthen Bihar’s industrial infrastructure and facilitate the development of new industrial parks across the state.
Published on:
03 September 2026
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