Techies are increasingly returning to Bihar from big cities like Bangalore, Mumbai, and Gurugram to build their own startups in Bihar, and this trend is set to continue in the coming years.
One of the primary reasons for this is the lower cost of living that Bihar offers compared to the big cities. This means that techies can lead a comfortable life without spending much money on rent, transportation, and other expenses. In addition, techies who hail from Bihar are familiar with the local culture and customs, which can be an advantage when building a startup in the state. They can leverage their understanding of the local market and consumer behaviour to create innovative solutions that cater to the needs of the people in Bihar.
Another reason for the increase in techies returning to Bihar is the government's support for startups. The Bihar government has launched several initiatives to support startups in the state, including the Bihar Startup Policy and the creation of a startup fund with a corpus of Rs 500 crore. This has created a supportive environment for techies to build their own startups in Bihar.
In addition to government support, Bihar also has opportunities in emerging sectors like healthcare, education, and agriculture. Techies can leverage these opportunities to create innovative solutions that can significantly impact the lives of people in the state.
Many techies who hail from Bihar also feel a sense of responsibility to give back to their home state by building innovative startups that can create employment opportunities and contribute to the growth of the state. This desire to give back is another reason why techies are returning to Bihar to build their own startups.
Overall, the trend of techies returning to Bihar to build their own startups is set to continue in the coming years. With lower costs of living, government support, opportunities in emerging sectors, and a desire to give back, Bihar is becoming an increasingly attractive destination for techies looking to build their own startups. As more techies recognize the potential of Bihar as a startup hub, the state is likely to see a surge in entrepreneurial activity and economic growth.
