March 28th, 2025: De Vagabond Pvt. Ltd. successfully inaugurated its new subsidiary manufacturing company DV Ranjan Gears & Sports Equipment Pvt. Ltd. at the Sikanderpur Industrial Compound, Bihta. The chief guest of the event Hon’ble Sh. Nitish Mishra, Minister of Industries & Tourism, Government of Bihar, inaugurated the new unit by ribbon cutting and visited the factory. The state-of-the-art facility, with a production capacity of 200 machines and an output of 60,000 bags per month, is expected to generate over 1,000 employment opportunities in the region for making a major milestone in Bihar’s industrial expansion.
Speaking ahead of the visit, Sh. Nitish Mishra said, “The launch of this new factory will bring endeavors to Bihar’s growing industrial strength. With advanced manufacturing capabilities and significant job opportunities, this initiative aligns with the government’s vision to transform Bihar into a hub for innovation and entrepreneurship. This ecosystem encourages industries to thrive and contribute to the state’s economic growth.”
Mr. Niraj Sharma, Founder of De Vagabond, highlighted the company’s commitment to scaling up operations and supporting local employment. He stated, “This facility is a reflection of our long-term vision to expand manufacturing capabilities and contribute to Bihar’s industrial growth. Beyond production, we are creating jobs, upskilling workers, and strengthening the local economy. With the right infrastructure and government support, we are confident in making Bihar a key player in the manufacturing sector.”
The event featured a guided tour of the manufacturing facility, showcasing advanced technology in sports gear & bag production. The visit provided key stakeholders with insights into the factory’s operations and its role in enhancing India’s self-reliance in the sports & bag manufacturing sector. The event also presents a valuable opportunity for networking and collaboration between policymakers, business leaders, and investors.
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