Kolkata: The West Bengal CM Mamata Banerjee inaugurated the 2 day Bengal Global Business Summit in Kolkata in the presence of industry stalwarts including Mukesh Ambani of Reliance and Sajjan Jindal of the Jindal group.
The 8th edition of the BGBS was marked by Reliance announcing investments of Rs 50,000 crore in West Bengal while Jindals announced Rs 16,000 crore to set up power plants in the state.
New Policies
To monitor the succesful deployment of this investment, there will be a Synergy Committee formed at the statewide level.
Banerjee informed that the previous 7 editions of BGBS had witnessed investment proposal of Rs 19 lakh crore out of which Rs 13 lakh crore has already been invested.
In addition to the Synergy Committe, the CM also informed about new policies being formulated in the state to boost increasing industrial deployment. The Synergy Committee will include representatives of all state departments and will meet every 14 days to grant approvals.
The state government is also forming a new data sector policy for the benefits of the IT industry as well as an export promotion policy.
For tea tourism in thr tea gardens, 30% of the lands will be henceforth leased out, up from 15% earlier.
New Infrastructure
The highlight will be the creation of 6 economic freight corridors at a cost of Rs 7,500 crore. These include Raghunathpur – Tajpur, Dankuni – Kalyani, Dankuni – Jhargram, Dankuni – Cooch Behar, Kharagpur – Mourigram and Gurudih – Kolkata.
A new 2000 acre Industrial Park as well as an air-conditioned electric ferry service in Kolkata are also being planned.
The State government is also calling for a global tender in Tajpur port as well starting the construction of a goods corridor in Siliguri and railway line between Durgapur and Bankura.
Work is starting on the Ghatal Master plan in February at an investment of Rs 1238 crore and on underground cable in Asansol for Rs 340 crore. Metro Railway has also been proposed in Siliguri.
New Projects
- Rs 35,000 crore to be invested in Deucha coal pilot project
- Reliance to invest Rs 1 lakh crore in Bengal by 2030.
- A Jio AI data center to be set up in New Town Bengal Silicon Vally by December 2025
- Jindals to invest Rs 16,000 crore in a 1600 MW power plant in Salboni
- Rs 1500 crore to be invested in a rubber factory in Sankrail
- Nifa group to invest Rs 180 crore in Dankuni and Chandannagar
- RPG group to invest Rs 10,000 crore and Neotia to invest Rs 20,000 crore in pipelines
- Petro Carbon & Chemicals to invest Rs 91 crore in Haldia
- SAIL Growth to invest Rs 213 crore to expand IISCO in Asansol
- Mayurakshi Cotton Mills to be revived in Panchra
- Fashion and jewellery export hubs to come up in Singur
- Havas Airtel to set up aircraft repair and maintenance center in Barrackpore
- RidiQ to open new center in Salt Lake, Sector V
- Konica Minolta setting up new office in the state
- Acceleron Solutions, Grant Thornton and Research India to open new offices in Sector V, Salt Lake
- Reliance Retail stores to increase to 1700 from 1300 in the state by 2026
Discussion about this post