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RECRUITMENT NOTICE: SENIOR CONSULTANT / CONSULTANT / JUNIOR CONSULTANT / COORDINATOR – INVESTMENT PROMOTIONS

Udyog Mitra, Department of Industries, Govt of Bihar Indira Bhawan, Patna, Bihar Udyog Mitra, part of the Department of Industries, Government of Bihar, disseminates relevant information to the investor pertaining to investment profiles for different industries and the various clearances required at the business entry stage.

Established under the Societies Act 21, 1860, it provides secretarial support to the Industries department with respect to Investment Promotion and Investor Facilitation. The broad objective of the assignment is to promote Bihar state as a preferred investment destination in the country by developing a robust investment promotion strategy, program, and action plan.

Mode of Recruitment – Contract Based through Open Market

Period of Contract – 3 years extended annually based on performance

Number of positions – 2 (Two)

SIName of the PostEmoluments (Rs. in Lakh)EducationLocationExperience
1Senior Consultant/ Consultant
Investment Promotion
1.50 2.00 (Sr. Consultant)
1.00 -1.50 (Consutant)
Masters or PG Diploma in Business Management or equivalentDelhiMinimum 10 years Total & relevant 5 years for Sr. Consultant
Minimum 8 years Total & relevant 4 years for Consultant
2Junior Consultant/ Coordinator
Investment Promotion
0.75 1.00 (Jr. Consultant)
0.50 -0.75 (Coordinator)
Masters or PG Diploma in Business Management or equivalentDelhiMinimum 6 years Total & relevant 3 years for Jr. Consultant
Minimum 4 years Total
& relevant 2 years for Coordinator

Position Wise Salary

  • Position Name – Senior Consultant / Consultant, Investment Promotion
  • Remuneration – Rs 1.50 -2.00 Lakh / Rs 1.00 1.50 Lakh per month

Eligibility –

  • Educational qualification – Masters or PG Diploma in Business Management or equivalent
  • Experience (For Senior Consultant) –
    • Minimum 10 years of working experience, out of which 5 years should be in Consultancy
    • At least 5 years of experience in Investment Promotion/Policy promotion
    • Experience in investment promotion/ Policy promotion projects for at least 2 States in the last 5 years or Investment raising experience for a corporate/specific sector
  • Experience (For Consultant) –
    • Minimum 8 years of working experience, out of which 4 years should be in Consultancy
    • At least 4 years of experience in Investment Promotion/Policy promotion
    • Experience in investment promotion/ Policy promotion projects for at least 2 States in the last 4 years or Investment raising experience for a corporate/specific sector

Essential Skill Sets –

  • Excellent communication (oral and written) skills in English and Hindi
  • Robust Knowledge of MS Office (Excel, PowerPoint, Word)
  • Virtual Meeting Apps and Time/ Calendar Management
  • Excellent Networking/ Collaboration and Interpersonal Skills

Desired Skill Set/Experience –

  • Bachelor’s/Master’s/Management degree from a premier institution
  • Knowledge of sector-specific Investment strategy
  • Experience in Consulting/Investment Banking/Multilateral Institutions/ Public Policy
  • Any International Degree/International network

Roles and Responsibilities –

  • Define strategies to enhance the investment attractiveness of Bihar
  • Analysis of investment promotion strategies followed by other states and suggesting the best practices
  • Design and develop an investment promotion strategy/program and action plan for occasions
  • Create a sector and company-focused contact strategy and action plan to reach the targeted investors and promote Bihar as an Investment destination
  • Define Strategies and follow-up mechanisms to attract investors from India and specific countries for designated investment regions in Bihar, for focus sectors in the State
  • Coordinate and plan B2G Meetings during events in which the Industry department decides to participate in India and abroad
  • Prepare a roadmap for undertaking investment facilitation and promotion activities
  • Prepare investor after-care strategy for investor follow-up and monitoring investment realization
  • Design and develop the investment promotion strategy/program and action plan for Bihar
  • Preparation of export strategy of Bihar covering sectoral potential of state and district level product and services
  • Produce a slide presentation for potential investors highlighting sectoral, demographic, and geographic strengths and opportunities in a context that is readily understandable for potential investors to promote Bihar as a business location
  • Sourcing of potential JV partners and facilitation of joint venture under the Joint Venture policy of the Bihar Government

  • Position Name – Junior Consultant / Coordinator, Investment Promotion
  • Remuneration – Rs 0.75 1.00 Lakh / Rs 0.50 0.75 Lakh per month

Eligibility –

  • Educational qualification – Masters or PG Diploma in Business Management or equivalent
  • Experience (for Junior Consultant) –
    • Minimum 6 years of working experience, out of which 3 years should be in Consultancy
    • At least 3 years of experience in Investment Promotion/ Policy promotion
    • Experience in Investment promotion/ Policy promotion projects for at least 1 State in the last 3 years or Investment raising experience for a corporate/specific sector
  • Experience (for Coordinator) –
    • Minimum 4 years of working experience, out of which 2 years should be in Consultancy
    • At least 2 years of experience in Investment Promotion/ Policy promotion
    • Experience in Investment promotion/ Policy promotion projects for at least 1 State in the last 2 years or Investment raising experience for a corporate/specific sector

Essential Skill Sets –

  • Excellent communication (oral and written) skills in English and Hindi
  • Robust Knowledge of MS Office (Excel, PowerPoint, Word)
  • Virtual Meeting Apps and Time/ Calendar Management
  • Excellent Networking/ Collaboration and Interpersonal Skills

Desired Skill Set/Experience –

  • Bachelor’s/Master’s/Management degree from a premier institution
  • Knowledge of sector-specific Investment strategy
  • Experience in Consulting/Investment Banking/ Multilateral Institutions/Public Policy
  • Any International Degree/International network

Roles and Responsibilities –

  • Conduct research on a continual basis to identify potential target companies who are looking to invest and expand in the region and who should be targeted to promote Bihar
  • Leverage country-based desks/trade agencies for direct focus on investors to facilitate investment; Assist the state in participating in multi-lateral forums, trade fairs, and conferences; collaborate with global embassies, chambers of commerce, and business councils
  • Support Industry department in facilitating dialogues with Investors, including handholding of high-value Investors from contact to conversion
  • Arrange one-to-one meetings with big corporate houses at both national and international levels
  • Arrange at least 30-40 one-to-one meetings with companies relevant to the state’s high-priority sectors
  • Ensuring the presence of serious investors with specific projects on different platforms
  • Provide a database of potential investors from India and abroad and carry out a contact program to reach out to them
  • Identify and assess the implementation issues for the projects and organize one-to-one meetings with the investors and govt officials to resolve the same
  • Assist in drafting the MoU /Investment Intention document/Strategic Partnership document for corporates keen on forging a formal partnership with the State Government
  • Coordinating with the existing mechanism on Single Window Clearance System to ensure Investment
  • Tracking for monitoring cases from lead generation to commercial production stages
  • Assist in managing the Investment tracking system: Synchronize investment data across various departments with the help of the existing system developer
  • Monitoring of Projects through online Project Monitoring System Portal and co-ordination activities with other departments wherever necessary
  • Assistance in addressing the investor’s grievances received through helpline/Call centre, grievance redressal system and relationship managers

General Instructions –

The contract period will be for 3 years, renewable annually based on satisfactory performance.

  • This will be a consolidated pay. The emoluments will be finalized depending upon the experience. Annual increment will be up to 7% based on satisfactory performance
  • All the proposed posts are full-time positions and non-practicing in nature
  • The maximum age limit will be 45 years for Sr. Consultants/Consultants and 40 years for Junior Consultants/Coordinators as of 30.11.2022
  • A non-refundable application fee of Rs.1000 will be applicable. Applications will be considered complete only after the payment of application fees
  • The application will start from 05.01.2023 at 10:00 am and will be active till 06:00 pm of 20.01.2023. Incomplete applications or applications without the supporting documents or applications received after the last date will be rejected & no communication will be made/entertained in this regard
  • Candidates will need to produce proof of the details furnished in their applications as and when required
  • Department of Industries, Government of Bihar, reserves the right to cancel this recruitment process fully or partially at any stage of the process
  • Candidates can apply on the link provided at the website of the Department of Industries https://state.bihar.gov.in/industries/CitizenHome.html. And upload the relevant documents. Online applications completed fully will be considered only
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