Bihar receives Rs 817cr investment proposal for data centres

Bihar receives Rs 817cr investment proposal for data centres

Bihar has received an investment proposal of Rs 817 crore for setting up data centres across the state.

Data management firm VueNow, which is planning the investment, will develop a four-tier data centre of 100 racks with Patna as the master hub. Four other centers will come up in Dharbhanga, Bhagalpur, Purnea and Buxar in the first phase, said an official statement.

bihar receives rs 817 cr investment proposal for data centres | business standard news

The investment proposal was discussed at a meeting chaired by Information Technology Minister Jibesh Kumar on Wednesday.

“We are looking forward to finalisation of the proposal. After proper evaluation of the proposal, it will be sent to the Chief Minister’s Office for final approval,” Kumar said.

budget 2022: budget 2022: 'infra status to data centers may spur rs 70,000-72,000 crore investments over five-ten years' - the economic times

“The state government will provide all support to investors as our aim is to make Bihar the next IT hub of the eastern region,” he said.

The meeting was attended by senior officials of the IT Department and officials of VueNow, including its Managing Director VC Roy.

bihar receives rs 817cr investment proposal for data centres | business

The firm has already started working on similar projects in West Bengal and Himachal Pradesh.

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