Business Summit Concludes | Over Rs 4.40 lakh cr investment offered, Bengal prime place for business: Mamata

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As the eighth variation of Bengal Global Business Summit (BGBS) concluded successful Kolkata connected Thursday, West Bengal Chief Minister Mamata Banerjee hailed the two-day conclave a occurrence and said the authorities received concern proposals of implicit Rs 4.40 lakh crore.

Asserting that the authorities remains a “prime destination” for investors, she said 212 MoUs and Letters of Intent (LoIs) were signed during the summit, the cardinal 1 being an lipid exploration task with the ONGC.

“Today, I americium arrogant to accidental we received concern proposals of Rs 4,40,595 crore successful BGBS 2025. This volition make thousands of occupation opportunities successful West Bengal,” the main curate said astatine the concluding league of the Summit that was moderated by Principal Chief Advisor to CM Amit Mitra.

In the erstwhile variation of the BGBS, held past year, the authorities authorities had received concern proposals of Rs 3.76 lakh crore. “This important advancement underscores the state’s committedness to delivering connected concern promises and its increasing entreaty arsenic a concern hub,” she added.

“The effect has been overwhelming…  It is not Bengal Global Business Summit, it is the World Business Summit,” the main curate said.

The main curate announced that her authorities has signed an MoU with the ONGC for an lipid exploration task successful Ashoknagar successful North 24 Parganas wherever 15 acres of onshore volition beryllium fixed to the Maharatna PSU for Re 1. “Soon, ONGC volition statesman commercialized lipid extraction successful Ashoknagar,” the main curate said.

“Today was the time for tiny industries. Sixteen sectorial meetings were held contiguous and respective MOUs were signed… After the inaugural league yesterday, I individually met (Reliance Industries chairman) Mukesh Ambani and Sajjan Jindal (of JSW). They shared their concern plans. They assured maine of galore different things that volition travel up successful future,” the CM said without elaborating.

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On Wednesday, Ambani had promised to treble the concern successful West Bengal to Rs 1 lakh crore by the extremity of the decennary and announced plans to grow his retail and AI concern successful the state. Jindal, connected the different hand, announced an concern of Rs 16,000 crore to physique an 800 MW powerfulness works successful Salboni successful Paschim Medinipur district, and the improvement of Durgapur airdrome arsenic the 2nd largest airdrome successful West Bengal.

Stating that 20 spouse countries were progressive successful the Summit, with representatives from an further 20 countries attending, the main curate said: “From Kenya to the UK, they invited america to sojourn their country… I convey you and I americium humbled by your presence.”

The CM besides noted that the Summit included a ample accumulation with 215 stalls showcasing assorted industries.

Crediting her government’s improvement efforts since 2011 for uplifting 1.72 crore radical supra the poorness line, Banerjee said: “Our absorption connected infrastructure, industry, and societal payment has led to important progress… In the past 14 years, our infrastructure improvement has been remarkable… There is nary spot similar Bengal wherever you person a planetary modular normal centre, accumulation centre, poultry to IT, we person all… We are arrogant of our achievements.”

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“We reduced unemployment. We launched 94 societal schemes resulting successful monolithic changes successful Bengal… We springiness escaped cycles to each students of people 8 and 9. We springiness smartphones to each people 10 students,” she said.

Banerjee reiterated her connection of unity and communal harmony, stating that the authorities does not disagreement radical but brings them together. “We are arrogant of our state, particularly due to the fact that we don’t disagreement people; we unite them. We emotion temples, mosques, and churches. We respect each religions, castes, and communities. We indispensable unrecorded successful harmony, speech views, and instrumentality portion successful each spiritual festivals,” she said.

“Without humanity, 1 cannot survive. We spot unity successful diverseness arsenic our pride. I entreaty to you each to travel and sojourn america again and again,” the main curate told the delegates.

Acknowledging the enactment of assorted authorities departments for organising the Summit, the CM, “The MSME, Land, Power Department, IT, Cultural Department, Health and Education Department each worked hard for the BGBS. Bengal is the aboriginal destination for the satellite economy.”

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Banerjee concluded by emphasizing the state’s continued committedness to business-friendly policies and infrastructure development, underscoring that implicit 5,000 investors and representatives attended this year’s summit.

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