Mitsubishi Chemicals to invest Rs 5,000 cr in textile plant in Bengal: Dr Amit Mitra

Bengal Finance and Industries Minister Dr Amit Mitra made a major announcement yesterday from the UK, where he has gone as part of Chief Minister Mamata Banerjee’s entourage for meeting potential investors for Bengal as well as for inviting prominent industrialists to the upcoming Bengal Global Business Summit.

He announced that Mitsubishi Chemicals is going to set up a large-capacity plant for manufacturing components required in the textile industry.

Explaining the process, he said that the PTA (purified terephthalic acid) made by the company would be converted through the process of continuous polymerisation in the plant to fibre, which would then be converted by spinning mills into the textile components.

The plant is going to provide employment opportunities for 50,000 to 1 lakh people. This number would be gradually upped to 5 lakh. The minister said that work is going to start on a priority basis.

The initial investment amount would be Rs 5,000 crore, which would be scaled up to Rs 10,000 crore in due course.

Dr Mitra said that Bengal would soon be at the forefront of the textile sector in the country.

 

রাজ্যে ৫ হাজার কোটি টাকা বিনিয়োগ করবে মিৎসুবিশি: অমিত মিত্র

রাজ্যের বস্ত্রশিল্পে এবার বিনিয়োগ আসছে মিৎসুবিশির হাত ধরে। এ বার রাজ্যে পলিয়েস্টার ফ্যাব্রিক তৈরি করবে মিৎসুবিশি। এর জন্য ৫ হাজার কোটি টাকা বিনিয়োগ করবে তারা। ফলে ৫০ হাজার থেকে ১ লক্ষ কর্মসংস্থান তৈরি হবে।

মিৎসুবিশি কেমিক্যাল কর্পোরেশন ইন্ডিয়া এই প্রথম একটি বাইপ্রডোক্ট তৈরি করবে। নাম পিটিএ অর্থাৎ পিউরিফায়েড টেরিপ্যাথিলিক অ্যাসিড। এই বাইপ্রোডাক্ট থেকেই পলিয়েস্টার ফ্যাব্রিক তৈরি করা যাবে।

এতদিন রাজ্যে এধরনের ফ্যাব্রিক তৈরি হত না। মিৎসুবিসি তা তৈরি করা শুরু করলে বাংলাদেশে রফতানিও বিপুল বাড়বে বলে আশাবাদী শিল্পমন্ত্রী। রাজ্যে বস্ত্রশিল্পের নবদিগন্ত খুলতে চলেছে।

মঙ্গলবার রাতে লন্ডনে বৈঠক সেরে ট্রেনে করে এডিনবরার উদ্দেশে রওনা দেন মুখ্যমন্ত্রী।বৃহস্পতিবার এডিনবরায় বসছে রাজ্যের বাণিজ্য সম্মেলন। সেখানে বাংলার সাম্প্রতিক উন্নয়নের খতিয়ান শিল্পপতিদের জানানো হবে।

তার আগে মিৎসুবিসির এই বিনিয়োগের আশ্বাস রাজ্যের বাড়তি পাওনা বলেই মনে করছে শিল্পমহলের একাংশ।

 

 

Foreign delegates all praise for Bengal at Global Business Summit

Bengal Global Business Summit started on a positive note. After the hugely successful morning session where the captains of the industry hailed Bengal, in the afternoon delegates from more than 20 countries participated in the Bengal Global Business Summit and praised about the growth of Bengal.

The participating countries include United States, United Kingdom, Japan, China, South Korea, Taiwan, Malaysia, Singapore, Luxembourg and Australia.

Here is what they said:

  • UKIBC Chair Patricia Hewitt: I invite the Hon. Chief Minister to visit England. I am here to promote B2B – not just Business to Business but Britain 2 Bengal.
  • The Global CEO of Mitsubishi Chemicals: The special affinity between the people of Bengal and Japan continues. We have had privilege of meeting the Honourable CM whenever there was a need and received her support and assistance. I sincerely hope this Summit will be a new dawn in Japan-Bengal relations.
  • Representatives of Changi International Airport: We will continue our relationship with West Bengal. We will continue our relationship with West Bengal.
  • Representative from the USA: We will continue our relationship with West Bengal. My wife and I want to start a Baul village in Bolpur.
  •  Representatives of Scomi group: West Bengal worked very fast to respond to our request. That is why we are here today. West Bengal worked very fast to respond to our request. That is why we are here today. We are looking forward to forge new relationships
  • The South Korean Ambassador:  We are witnessing a very positive change happening in West Bengal. Bengal is destined to become a major hub of Eastern India. State has all that it takes to become an investor-destination. The business-friendly measures taken by WB Govt will help the State in becoming a major investment destination. As Ambassador I would like to see Korean investment increasing in West Bengal. There is a scope for West Bengal and Korea to partner in the SME sector.
  • Business Delegation from Bangladesh: I am accompanying more than 25 entrepreneurs who would love to invest in West Bengal. West Bengal can be our backward link in export of garments and raw materials. The first private sector industrial park by Bangladesh will be set up in Kolkata. Didi is coming to Dhaka in February. We wish to hold a business meet during the visit.
  • Delegate from Kunming, China addressed issues on trade imbalances.
  • President of the Nepal Chamber of Commerce: Bengal and Nepal share a traditional and historical friendship. We request the Honourable Chief Minister to visit Nepal.

 

Chief Minister Ms Mamata Banerjee addressed the Bengal Global Business Summit at the end of the first day. She took the opportunity to thank all the foreign delegates and the captains of the Industry. Here is what she said:

  • The main message today was ‘come to Bengal, ride the growth.’
  • Our infrastructure is ready. Our resources are ready. Our labour is ready.
  • 14 speakers addressed the morning session and 10 speakers spoke in the afternoon.
  • Discussion will continue tomorrow morning. Any clarification can be taken care of, by officials.
  • I salute my captains of industry. New things are happening in Bengal. This is a Beautiful Bengal.
  • Union Minister Gadkari ji announced projects worth Rs 21000 crore. SAIL announced projects worth Rs 40000 crore.
  • Bengal is always environment-friendly.Thank you to all the delegates who have come here.
  • To all the delegates, my message is, we are deeply obliged.