BIMCGL launched in Gaya: 12 MoUs for about 300 acres, ₹4,200 crore investment proposed

What happened

The National Industrial Corridor Development Corporation (NICDC) has taken a step forward in industrial development in Bihar. At Bodh Gaya on 24 October 2026, Bihar Chief Minister Shri Samrat Choudhary formally launched Bihar Integrated Manufacturing City Gaya Limited (BIMCGL). The opening event of Bihar Business Connect 2027 was also inaugurated at the same programme.

Investment and jobs

The highlight of the event was the signing of 12 memoranda of understanding (MoUs) with prospective investors for about 300 acres of industrial land in IMC Gaya. These agreements propose about ₹4,200 crore of investment and are expected to create 16,095 jobs. The proposed investment covers sectors such as food processing, automobile components, medicinal products, pharmaceuticals and other manufacturing activities.

Earlier, the Bihar government had signed MoUs with prospective investors from various sectors in IMC Gaya. That covered about 2,586 acres, with a proposed investment of ₹31,750 crore and an estimated 52,050 jobs.

What BIMCGL is

BIMCGL is a special purpose vehicle responsible for implementing the IMC in Gaya. It is being developed as part of the Amritsar-Kolkata Industrial Corridor (AKIC) under the National Industrial Corridor Development Programme (NICDP). Formed on 6 January 2025, it is a joint venture of the Bihar Industrial Area Development Authority (BIAIDA) and the National Industrial Corridor Development and Implementation Trust (NICDIT), with equal shareholding.

As a dedicated implementation agency, BIMCGL will speed up the project through coordinated planning, infrastructure development, statutory approvals, utility connectivity and investor facilitation.

Where the project is and how big it is

The project spans 1,670 acres in Dobhi block of Gaya district and was approved by the Government of India on 28 August 2024. Its total cost, including land, is ₹1,339 crore. It is expected to attract about ₹16,500 crore of investment and create employment for about 1.10 lakh people.

What is open for investors

During the event, the Chief Minister unveiled BIMCGL’s logo and launched its official website and an integrated land allotment portal. The aim is to improve facilities for investors, bring transparency and streamline the process of industrial land allotment.

How far the work has reached

Infrastructure work at IMC Gaya is moving fast and the state government has taken possession of the entire project land. Against the transfer of 415 acres of land, the Government of India released the first equity instalment of ₹132 crore in September 2025. A project management and construction supervision consultant and an EPC contractor for the main infrastructure works have already been appointed, and physical construction has begun. Construction of a dedicated helipad is also well advanced.

The industrial cluster is being developed with integrated infrastructure including internal roads, water supply, sewage and waste water treatment facilities, power distribution, solid waste management and fire safety systems. The site is near NH-22 and NH-19 and about 39 km from Gaya airport.

Who benefits

IMC Gaya will focus mainly on agro-based industries, textiles and readymade garments, furniture, handicrafts and handloom, and engineering and fabrication. The infrastructure being built will support large manufacturers and MSMEs and promote local entrepreneurship.