BIADA was constituted under the statutory provision of the Bihar Industrial Area Development Act 1974 with a mission to promote and assist industrialisation and create awareness about the Industrial Policy of state as well as creating environment for consistent growth of Industries in the state.
The organisation runs under the guidelines and policies of the Board of Director having Directors nominated by the State Govt. under the chairmanship of the Principal Secretary, Department of Industries, Government of Bihar. Managing Director is the executive head of the organisation and works under the overall superintendence and guidance of the Board.
- To promote and develop infrastructure for industries in the industrial area such as road, drainage, water, power.
- To help, support entrepreneurs to setup industries and provide assistance and incentives under the industrial policy of the State.
- Dissemination of Information about the Industrial Policy and create an investor friendly atmosphere in the state.