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.

Bengal Global Business Summit 2016 begins today

The Bengal Global Business Summit 2016, West Bengal government’s annual investors’ summit will be inaugurated by West Bengal Chief Minister today at 11 AM at the Milan Mela Prangan in Kolkata.

Honourable Prime Minister of Bhutan, UK Labour Minister Priti Patel, Delhi Chief Minister Arvind Kejriwal, delegates from Japan, UK, US, Italy and 45 nations will be present on the occasion.

Japan is this year’s Partner Country.

Union Minister for Finance, Arun Jaitley, Union Minister of State for Coal, Power and Renewable Energy, Piyush Goyal, Union Minister for Road Transport and Highways and Shipping, Nitin Gadkari and Union Minister for Railways, Suresh Prabhu, are expected to be present on the occasion.

Mukesh Ambani of Reliance Industries is expected to join this year’s event.

N Chandrasekaran, CEO and MD of Tata Consultancy Services (TCS), Jyotsna Suri, chairperson of Bharat Hotels, Swati Piramal, vice-chairperson, Piramal Enterprises, Niranjan Hiranandani, co-founder, Hiranandani group, and Adi Godrej, chairman of Godrej Group are expected to be present as well.

According to the programme plan, there will be Plenary Sessions, addressed by national and international entrepreneurs of stature, who will share their thoughts and experiences, There shall be Sectoral Breakaway Sessions, with participation from leading industrialists of each sector

Also the summit will witness Business-to-business (B2B) and government-to-business (G2B) interactions along with opportunities for expositions and exhibitions.

Last year, Bengal Global Business Summit got West Bengal government proposals worth Rs 2.4 lakh crore.