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Trust the double investments in Western Bengal for the purposes of decade, says Mikesh Ambani

Trust the double investments in Western Bengal for the purposes of decade, says Mikesh Ambani

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The West Bengal Prime Minister, Mamata Banerjee, with Mikesh Ambani in the eighth edition of Bengal Business Summit on February 5, 2025 | Photo credit: Debash Bhaduri

The president of Reliance Industries, Mikesh Ambani, on Wednesday (February 5, 2025) said that the group will double its investment in Western Bengal at the end of the decade.

“In 2016, when I first attended this summit, Reliance investments remained below ₹ 2,000 million rupees. Today, in less than a decade, our investments in Bengala have increased 20 times, and we have invested more than ₹ 50,000 million rupees. Mammate Didi (Banerjee), we will double this investment at the end of this decade, ”said Ambani while talking at the Bengal 2025 Global Business Summit in Kolkata.

The president of Reliance Industries also added that the investments have created on a LKH of direct jobs and stimulated significant economic growth in Western Bengal.

Mr. Ambani also added that Reliance Industries has modified his data center in Kolkata to a data center ready for the AI, and will be ready in the next nine months. He also added that Jio was building the first Bengal cable landing station in Digha.

“The JIO network now covers 100% of the Bengal population. I am particularly grateful to people and our clients in the city of Kolkata, because they continue to maintain the registration of the highest data users in India in our JIO network, ”he added.

Mr. Ambani added that the new initiative of the Swadesh group will help expand the fabulous artisanal economy of Bengal in other cities of the country and from all over the world and the new Reliance energy initiative, the initial operations at the end of 2025 would like to contribute To the green economy of Bengal. “Our motto is:” Bangla Solar to sound Bangla, “he added.

The President of the ITC, Sanjiv Puri, stressed that the company is based in Western Bengal and added: “Our confidence in the state reflected in our expanding footprint here. Encouraged by the economic resurgence we are witnessing here. ” Mr. Puri added that ITC has continued to make significant investments in Western Bengal during the last decade with an investment of more than 75 billion rupees throughout agriculture, food processing, hospitality, paper and information technology.

“In addition to the projects announced in the BGBS this year, the other Recent ItC investments include a state -of -the -art food factory in Uluberia, expansions in its food factory in Panchla, as well as in the paper installation of the decoration in Tribeni “said Mr Mr. .

Speaking at the Bengala Global Business Summit, 2025 Harshavardhan Neotia, president of the Ambuja Neotia group also announced an ambitious investment plan of more than ₹ 15,000 million rupees in the West Bengala in the next five years. Investments will cover through medical care, hospitality, tourism, residential and commercial real estate, and a Golf Golf municipality, Neotia added.

“Bengala has always been our home and our Karmabhoomi. We are committed to their growth and development, and these projects will create new opportunities, improve infrastructure and strengthen Bengal’s position as a business and tourism center, “he added.

The other key ads in the BGBS 2025 involved two 800 mg WT power plants per JSW Group in Salboni in Paschim Medinipur with an investment of ₹ 16,000 million rupees along with an industrial park of 2,000 acres. Sajjan Jindal, president of JSW Group, also added that the Western Bengal Government has developed its policies to attract business and the group is also interested in developing Durgapur airport as the second largest airport in Western Bengala.

The RP-Sanjiv Goenka Sanjiv Goenka group, whose company has assets with a value of $ 40,000 million rupees in the state, added that the group will add investments of ₹ 10,000 million rupees in the energy, infrastructure and education sectors.

“We live in Western Bengal that is transformed by the vision and action of our main minister,” Goenka said.

Several captains of the Indian industry, including the president of FICCI and the managing director of Emami Limited Harsha Vardhan Agarwal praised Prime Minister Mamata Banerjee for his initiative to attract investments to Western Bengal.

The two days BGBS began in the area of ​​the new city of Kolkata on February 5 and will focus on several areas that include MSME, advanced manufacturing, circular economy, natural resources, defense manufacture, agriculture and allied sectors, among others.

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