Also Read: Narendra Modi to take oath as PM: From guest list to security arrangements, here’s all you need to knowTDP chairman Chandrababu Naidu and JDU's Nitish Kumar have emerged as kingmakers of National Democratic Alliance (NDA at this critical time, shares of companies based in Bihar and Andhra Pradesh have been soaring. Some companies based in Bihar or with facilities there may gain even more from the political climate.
According to Arun Kejriwal, founder of Kejriwal Research and Investment Services, there has not been industrialisation in the state of Bihar for various reasons, and the fact that Nitish Kumar is now an important ally of the government, which is not in majority. Some concessions to the state might result in incentives for industrialisation, thereby providing for employment and state growth.
While not much industrialisation has occurred at this time, those who are looking to invest in this state beyond natural resources are doing so.“Capex and Consumption are two sides of a coin. Bihar like every other state in the country is expected be a bigger beneficiary of India growth story.
We see extremely positive 10 years in the country," said Deven Choksey, MD, DRChoksey FinServ Pvt Ltd.Also Read: CCP meeting today: Clamour grows for Rahul Gandhi to take over as Leader of Opposition in Lok Sabha Let's look at the following firms operating in Bihar. Aditya Vision is an advanced multi-brand consumer electronics retailer headquartered in Patna, Bihar.
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