West Bengal is Investment Ready, offers strategic location advantage and is the business hub for East of India and neighbouring South Asian countries
West Bengal is Investment Ready, offers strategic location advantage and is the business hub for East of India and neighbouring South Asian countries
Mr Rajiva Sinha, Chairman, West Bengal Industrial Development Corporation (WBIDC) invite Industry to Bengal, for State’s largest business meet, BGBS 2022, scheduled on 21 & 22 April, at Kolkata
Chennai, 28 March, 2022: West Bengal offers unique business opportunities, strategic location advantage and is the human resource capital with investor friendly policies, says Mr Rajiva Sinha, Chairman, West Bengal Industrial Development Corporation (WBIDC), Government of West Bengal, at a government-Industry Interaction session organized by ASSOCHAM today in Chennai.
A high-level delegation of Senior Officials of the state - Dr Subrata Gupta, IAS, Additional Chief Secretary, Department of Food Processing Industries & Horticulture, Shri Randhir Kumar, IAS, Secretary, Department of Information Technology & Electronics, Shri P. Mohangandhi, IAS, CMD, West Bengal Mineral Development Corporation and Shri Barun Ray, IAS, Principal Secretary, Dept of Labour Govt of West Bengal also attended the event.
The meeting had presence of 200 industry members of ASSOCHAM and about 20 exclusive business meets were organized for members keen on expanding their presence in the state.
Mr. Rajiva Sinha, during his interaction highlighted the state’s capacity of withstanding the macro-economic shocks of pandemic era, as the state was one of the two States to record positive- growth. Bengal’s economy is projected to achieve higher growth post covid, much more than the national average. He elaborated on the facilitative policy environment for setting up manufacturing facilities. He also highlighted the growth of the service sector in the region.
Our previous editions of Bengal Global Business Submits (BGBS) inked pact for investments worth Rs 1,23,578 crore. As per the latest RBI report, West Bengal is the fastest growing economy.
The advantageous position of the state with technical human resource coupled with World class institutions and significant focus on operationalizing specialized Road, water and air logistic connectivity, 99.4% internet penetration and state’s ‘Zero tolerance’ policy for strike keeping pace with the investor’s needs and growth prospectus.
“A forward-thinking Bengal focusing on sustainability and inclusive growth is a reflection of Indian tradition infusion with Modern times. Along with tradition sectors such as Tea and Jute, Bengal is now home to Biotechnology, Food Processing, Mobility, IT & E services, Logistics, and ports, etc. With more Indian business leaders and MNCs choosing to make Bengal their home, Bengal’s intellect capital is its core strength as the state offers highly qualified and skilled manpower” he added.
ASSOCHAM Co-chairman Tamil Nadu, Shri. Abhaya SriSrimal Jain addressing the gathering said, ASSOCHAM has been working across India to help build conducive business environment and facilitate India Inc to build a stronger India. Bengal is a land of opportunity and is the hub foe east India and neighbouring countries. The sentiment was echoed by Mr. Ravi Agarwal Chairman ASSOCHAM Eastern Region and National Committee Member, who stated, Bengal is among the leading states that offer a successful mix of modern infrastructure, progressive business policies. Today the state is an economic powerhouse with ample opportunities for growth.
ASSOCHAM senior leaders expressed their solidarity to work as facilitators with the state Government towards a transformation change and expressed desired in setting up business excellence centers in logistics and ports, pharma and infrastructure.
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About ASSOCHAM:
ASSOCHAM initiated its endeavour of value creation for Indian industry in 1920. It was established by promoter Chambers, representing all regions of India. Having in its fold over 400 Chambers and Trade Associations, and serving over 4.5 lakh members across India. ASSOCHAM has emerged as the fountainhead of Knowledge for Indian industry, which is all set to redefine the dynamics of growth and development in the Knowledge Based Economy. More information available on www.assocham.org
