New Delhi, Oct. 25 -- The National Industrial Corridor Development Corporation (NICDC) has launched Bihar Integrated Manufacturing City Gaya Limited (BIMCGL), signing 12 Memorandums of Understanding (MoUs) covering approximately 300 acres of land with proposed investments worth Rs 4,200 crore at Integrated Manufacturing City (IMC) Gaya, as per a statement by the Ministry of Commerce & Industry.

The company was formally launched by Bihar Chief Minister Samrat Choudhary at Bodh Gaya on Saturday. The event also witnessed the curtain raiser for Bihar Business Connect 2027, the Ministry said.

According to the release, BIMCGL is the Special Purpose Vehicle (SPV) tasked with implementing the Integrated Manufacturing Cluster (IMC) at Gaya under...