Investment Bengal

Essar to invest up to Rs 1000 cr by FY18 in Bengal

West Bengal is set to get Rs 700-1,000 crore investment in ramping up coal-bed methane (CBM) production from Essar Oil at Raniganj, but it could jump significantly if shale opportunity opens up.

“We have invested Rs 3,300 crore at our Raniganj CBM block and already achieved one million scmd production. We will have to pump an additional Rs 700-1,000 crore to reach the peak projected production of three million scmd capacity,” Essar Exploration & Production CEO Manish Maheswari said.

The West Bengal Government is expected to reap a handsome Rs 2,500 crore as royalty from this CBM block.

 

২০১৮ আর্থিক বর্ষে বাংলায় ১০০০ কোটি টাকা বিনিয়োগ করবে ‘এসার গ্রুপ’

পশ্চিমবঙ্গের রাণীগঞ্জে এসার অয়েল থেকে coal-bed মিথেন উ९পাদনের জন্য ৭০০-১০০০ কোটি টাকা বিনিয়োগ করার চিন্তা ভাবনা রয়েছে রাজ্য সরকারের। এর ফলে লাভের পরিমান উল্লেখযোগ্য হারে বৃদ্ধির সম্ভাবনা রয়েছে।

এসার এক্সপ্লোরেশন ও প্রোডাকশান সিইও মনিশ মহেশ্বর বলেন, “আমরা রাণীগঞ্জে CBM ব্লকে ৩,৩০০ কোটি টাকা বিনিয়োগ করেছি এবং ইতিমধ্যে এক মিলিয়ন উ९পাদন হয়েছে।  তিন মিলিয়ন উ९পাদন ক্ষমতার শিখরে পৌঁছাতে অতিরিক্ত ৭০০-১০০০ কোটি টাকা বিনিয়োগ করতে হবে”।

এই CBM ব্লক থেকে ২,৫০০ কোটি টাকার একটি রয়্যালটি পাওয়ার আশা রয়েছে পশ্চিমবঙ্গ রাজ্য সরকারের।

Industrial growth observes a new horizon in West Bengal under Trinamool Congress

West Bengal under the Trinamool Congress Government has seen a revival in the industrial scenario. Industries had subsided and almost become non-existent during the three decades of Left Front rule.

Let us see what the real picture of West Bengal is at the present moment.

 

Comparative figures

  • Gross Value-Added Growth: West Bengal – 12.02% ; India – 7.3% *
  • Growth in Per Capita Income: West Bengal – 12.84% ; India – 6.2 *
  • Growth in Industry: West Bengal – 10.59% ; India – 7.3% *
    * All figures 2015-16 figures

 

INVESTMENT SCENARIO IN BENGAL

Industries set up

435 manufacturing units with a declared investment of Rs.84,923.86 crore, employing 2,29,346 people, have been set up (already operational or under construction).

Investment intentions

In addition, intentions for investment have been filed by entrepreneurs, through Industrial Entrepreneur’s Memorandum (for large-scale industries) filed with the DIPP-GoI and through Entrepreneur’s Memorandum (for medium-scale industries) filed with the Directorate of Industries, for 221 large and medium manufacturing units, with a proposed investment of Rs 70,587.15 crore, to employ 86,725 people.

Investment proposals at the 2015 Bengal Global Business Summit

Proposals for investment worth Rs 2,43,100 crore were received at the 2015 Bengal Global Business Summit.

Andal Airport

An airport in Andal, developed by Bengal Aerotropolis Pvt Ltd (BAPL), has been commissioned and has started flying operations. It is the first greenfield airport in the private sector in the country.

Shilpa Sathi for ease of doing business

The West Bengal Government has launched Shilpa Sathi, a single-window cell, which is a task force and relationship manager rolled into one, to assist investors in setting up industries in the State and to minimise the hassles of getting clearances and no-objection certificates (NOCs) from Government departments.

Deep-sea port in Sagar Island

An initiative for developing a deep-sea port in Sagar Island, jointly with the Central government organisation, Kolkata Port Trust (KoPT), has been taken up, with cost participation of the State as 26%.

Conclusion

The industrial growth that West Bengal has seen under the Trinamool Congress is unprecedented. In a first, as recounted above, the State’s industrial performance on many parameters is better than that of the country’s. Major industries have been and are being set up, collaborations with foreign companies are coming up, and much more – all because of the proactive nature with which the Trinamool Congress Government has taken up to the task of ensuring a bright future for West Bengal.

 

পশ্চিমবঙ্গের শিল্পায়নে নতুন দিগন্ত

তৃণমূল কংগ্রেস পরিচালিত সরকারের আমলে পশ্চিমবঙ্গে শিল্পক্ষেত্রে নবজাগরণ এসেছে।

২০১৫-১৬ সালে পশ্চিমবঙ্গের GVA বৃদ্ধির হার ছিল ১২.০২% যখন সর্বভারতীয় ক্ষেত্রে বৃদ্ধির হার ৭.৩%। রাজ্যের মাথা পিছু ব্যয় ১২.৪৮%, সর্বভারতীয় ক্ষেত্রে বৃদ্ধির হার ৬.২%। GVA-র হিসেব অনুযায়ীশিল্পক্ষেত্রে বৃদ্ধির হার ১০.৫৯% যেখানে সর্বভারতীয় ক্ষেত্রে বৃদ্ধির হার ৭.৩%। প্রতিটি ক্ষেত্রেই এগিয়ে আছে বাংলা।

ক্ষুদ্র শিল্প উ९পাদন বৃদ্ধির জন্যও ৩৩১টি MSME ক্লাস্টার তৈরি হয়েছে।

৪৩৫টি উ९পাদন কেন্দ্র তৈরি করা হয়েছে, এর জন্যও বরাদ্দ অর্থের পরিমাণ ৮৪, ৯২৩,৮৬ কোটি টাকা। এর ফলে প্রায় ২,২৯,৩৪৬ জন লোকের কর্মসংস্থান হয়েছে।

২০১৫ সালের গ্লোবাল বিজনেস সামিটে ২,৪৩,১০০ কোটি টাকা বিনিয়োগের প্রস্তাব এসেছে। আর ২০১৬ চলতি বছরে গ্লোবাল বিজনেস সামিটে ২,৫০,২৪৫ কোটি টাকা বিনিয়োগের প্রস্তাব এসেছে।

দেশের মধ্যে প্রথম গ্রীন ফিল্ড এয়ারপোর্ট হিসেবে অণ্ডাল বিমানবন্দর চালু হয়েছে । রাজ্য সরকার ‘ওয়েস্ট বেঙ্গল মেরিটাইম বোর্ড’ গঠন করেছে এটি।

রাজ্যের শিল্পকে ত্বরান্বিত করতে পশ্চিমবঙ্গ সরকার চালু করেছে ‘শিল্পসাথী’ প্রকল্প। এটি একটি সিঙ্গল উইন্ডো সিস্টেম যার ফলে প্রত্যেক বিনিয়োগকারীর জন্য বরাদ্দ করা হবে একজন অফিসার। এর ফলে বিভিন্ন দপ্তরে ছাড় পেতে সুবিধা হবে বিনিয়োগকারীদের।

সাগর দ্বীপে গভীর সমুদ্র বন্দর উন্নয়নের কিছু পদক্ষেপ নেওয়া হয়েছে। কেন্দ্রীয় সংস্থা কলকাতা পোর্ট ট্রাস্ট এর যৌথ উদ্যোগে  ‘ভোর সাগর বন্দর’ তৈরির চুক্তি হয়েছে। এর মধ্যে রাজ্য সরকারের বরাদ্দ ২৬%।

 

Bengal ranks high in ease of doing business: Captains of Industry

The delegates from industry who attended Bengal Global Business Summit 2016 were very positive about the State’s prospects in drawing more investments in industry. They were glowing in their tributes to the State Government’s policies for industry, and were very hopeful for the State’s future.

Mukesh Ambani, Reliance Industries

It’s my privilege and honour to participate in Bengal Global Business Summit. It has exceeded my expectations. Events like these are transformative for the States. This event will create partnerships. West Bengal ranks high in terms of ease of doing business. I congratulate Chief Minister Ms Mamata Banerjee for her leadership. Reliance has invested over Rs 5000 crore in the last three years in Bengal. I thank her for making the process of clearance of projects simpler. When it comes to investment destinations, Bengal ranks high for me, thanks to the ease of doing business. We want to partner with small entrepreneurs of West Bengal and build shared prosperity together. Reliance will work with the West Bengal Government at the grassroots level to bring thousands of footballers into mainstream. I assure Mamata Didi, Reliance will be your reliable partner in your dream of building a glorious Bengal.

Subhas Chandra, Essel Group

Zee Bangla is airing a reality show to promote entrepreneurs. The name ‘Egiye Bangla’ was given by Mamata Didi. Bengal is number one in India in the MSME sector and is the sixth largest economy in India. We will invest Rs 4000 crore in Bengal in the next two years and it will have an impact worth Rs 40,000 crore.

Darshan Hiranandani, Hiranandani Group

The ease of doing business has improved in West Bengal. We congratulate the West Bengal Chief Minister. Whereas earlier businesses were afraid to come here, we found that the State is now one of the friendliest States for investment.

Sajjan Jindal, JSW Group

Industrialist Sajjan Jindal praised Chief Minister Ms Mamata Banerjee for her initiatives regarding JSW Group’s cement plant in Salboni. He further said, “We have already submitted proposals to build a large power plant in Salboni” and that “Bengal is one of the best states to invest in.”

Kawasaki-Rikuso Transportation Company

The Japanese company, Kawasaki-Rikuso Transportation Company would build a solar-powered warehouse in Singur

HM Bangur, Shree Cement

We want to come to Bengal with a modern cement industry. There would be an announcement within a week regarding this.

Purnendu Chatterjee, The Chatterjee Group

How you solve a problem is also an important component of doing business. Things have changed with respect to the environment of doing business in Bengal. Haldia Petrochemicals was revitalized, as a result of which the state exchequer earned Rs 650 crore. West Bengal has the attitude to solve problems.

The West Bengal Industries Minister, Dr Amit Mitra announced that Purnendu Chatterjee is looking at setting up a greenfield refinery with an investment worth Rs 20,000 crore.

TV Mohandas Pai, Manipal Global Education

In this century jobs will be created by startups using technology. West Bengal has 5000 startups with talented young people. The State’s startup policy is one of the best in India.

Ashok Chauhan, Amity Group of Institutions

I have plans to invest Rs 2000 crore in education and training. I want to set up a Bengal Research and Innovation Centre.

Dr Devi Shetty, Narayana Health

We have made an investment of Rs 250 crore in West Bengal. The West Bengal Government has a fantastic blueprint to bring down maternal and infant mortality.

Malayappan Murali, Sriram Properties

We saw a new order, a new sense of hope in Bengal. There is ease of doing business. We would invest Rs 6500 crore in the construction sector in the State.

Delegate from the Institute of Technical Education (ITE), Singapore

The delegate from ITE, Singapore spoke about collaborations with West Bengal in the education sector. ITE is interested in developing a world-class education hub in the State.