# Bihar Logistic Policy, Section 1

- Act: Bihar Logistic Policy (Act 4260 of 2023)
- Source URL: https://indiacode.ecourtsindia.com/bihar-logistic-policy/section/1/

## Text

Preamble Bihar Government is committed to providing international standard infrastructure and facilities in the State for industrial and social growth. The State has planned initiatives for the development of various sectors such as Textile & Garment, Logistics, Food processing, small machine manufacturing, Tourism, Information Technology, Renewable energy etc. Logistics plays a crucial role in the economic development of any region and is a key determinant for creating efficient backward and forward linkages. There have been a significant number of investments, with domestic and global companies looking at India as a favorable market, especially with the shifts brought about by the rise of the e-commerce retail sector. Innovative ideas to improve end-to-end logistics are the need of the hour especially since a larger share of demand is expected from tier II and tier III cities, and customers are looking at a bouquet of hybrid services including air cargo, time-determined delivery, etc. This policy is proposed to make the logistics sector in the State more attractive to potential investors. This Policy is aimed at defining the broad contours of the Government's mission towards augmenting the development of the logistics Industry. The policy aims to establish Bihar as a competitive and favored investment destination, achieve regional development, diversify exports and augment livelihood opportunities for its people through resilient economic development.

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