Indian Potash Ltd (IPL), a government-linked fertiliser and commodity trading company, has signed an agreement with the Bihar state government to establish and operate two sugar mills at Sakri in Madhubani district and Raiyam in Darbhanga district. The announcement was made on 12 August 2026 by Bihar's Cooperative Department Minister Ram Kripal Yadav, who said the move falls under the state's "Samriddh Udyog-Sashakt Bihar" initiative and is aimed at reviving closed sugar mills across the state. The new facilities will also include distilleries, cogeneration power plants, and Compressed Biogas units, with the government saying the project will boost farmers' incomes and generate local employment in the region.