August 2, 2013
West Bengal has realised the highest ever industrial investment this year
West Bengal has realised the highest ever industrial investment this year compared to that of in the past five years. This comes to fore on a day when the Bengal Chief Minister Mamata Banerjee held a meeting with industrialists in Mumbai to woo them to set up industries in the state.
According to the latest report on the country's industrial scenario released by the Department of Industrial Policy and Promotion under the Union Ministry of Commerce and Industry, from January-July, West Bengal has realised a net industrial investment of Rs 1,331 crore. This comes from 18 industrial units that have been either set up newly or are expansions of the existing ones. The investment figure is only up to the month of July and thus has the prospects of going up further by the end of the year.
In 2009 the state had recorded an investment of Rs 632 crore, in 2010 Rs 1,163 crore, in 2011 Rs 325 crore and in 2012, the investment figure stood at Rs 962 crore.
At the beginning of its third year, the Trinamool Congress government has surpassed the previous records with five months still left in the calendar. Moreover, another 41 investment proposals worth Rs 1,744 crore are pending. The Trinamool Congress government assumed power in Bengal in May 2011.
Notably all these investments have just come from the small-scale industries which the Trinamool Congress Govt. is also promoting as par its current Industrial policy. Most of the investments were from leather, textile, readymade garments and the food or food processing sectors.