Vedanta Resources chairman Anil Agarwal today expressed his desire to establish a Rs 25,000 crore global university in India and said his home state Bihar could be considered for it.

His company will also explore the possibility of setting up processing units for aluminium, oil and gas, zinc and silver here.

"My wish is to establish a truly global university at a cost of Rs 25,000 crore. I will invest Rs 10,000 crore in it. We are already working for a full-fledged Vedanta University in Odisha and people in Bihar have similar expectations. We could consider setting it up here," Anil said.

Agarwal was "born and brought up in Patna" and now resides in London. He has a net worth of around $2 billion or over Rs 13,000 crore. He was in Patna to attend the 90th anniversary of Bihar Chamber of Commerce and Industries.

He was one of five famous entrepreneurs from Bihar, including Alkem Laboratories founder Samprada Singh, Bennett, Coleman and Company Limited managing director Vineet Jain, KK Birla Group of Sugar Companies chairman and managing director C.S. Nopany, and ITC chairman YC Deveshwar to be felicitated at the event.

Agarwal, who is into aluminum and energy business, said his company "will explore possibilities of setting up aluminum, oil and gas, zinc, lead, copper and silver processing units in Bihar, as the state is close to my heart." He added that he wanted to use 75 per cent of his wealth for social service.

The Vedanta Resources chairman said Bihar has become an ideal place for industrial investment with cheap land and labour, lack of labour unions, easy availability of water and electricity and a better law and order situation.

"Granting special category status to the state would have helped attract industries to Bihar. However, the status' importance will decline with GST coming in force in the country," he said.

Expressing concern about large-scale malnutrition in the country, he said he was taking forward Prime Minister Narendra Modi's thoughts and had decided to establish 4,000 Nand Ghars, of which 500 would be in Bihar. "These Nand Ghars would be centres where emphasis will be given on health, nutrition, medical needs and education of children and economic empowerment of women through various skills. They are expected to benefit 2.5 crore children and 1.2 crore women," Anil said.

He said he also wanted to help develop medical facilities in his home state, and added that Bihar government should try to persuade companies like those of Baba Ramdev's Patanjali group, which is setting up huge food processing industries in Maharashtra and other states, to establish them here.