The Bihar state cabinet has officially approved the new Bihar Semiconductor Policy 2026 on Thursday. Chief Minister Nitish Kumar chaired the meeting where this major decision was taken to turn the state into a technology hub for Eastern India. The government estimates that this policy will attract an investment of ₹25,000 crore and create employment for more than 2 lakh people in the coming years.
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What are the main incentives for companies?
The state government has announced very competitive benefits to attract investors. The policy includes a capital subsidy where the state will provide an additional 60% of the subsidy amount that the Central government offers. To help with setting up factories, the government is offering significant support on land allocation. Investors who commit ₹100 crore and create 1,000 direct jobs can get 10 acres of land for free. Fortune 500 companies are also eligible for this free land benefit.
Other facilities and future plans
Besides land and capital support, the policy offers reimbursement of SGST up to 300% of the project cost over a period of 14 years. Manufacturing units will also receive electricity and water at subsidized rates. Along with the semiconductor policy, the cabinet also approved the setting up of an AI Mission and a Semiconductor Manufacturing Park to build a strong ecosystem for technology in Bihar.
