Bengal Global Business Summit 2015: Day II schedule


The Bengal Global Business Summit 2015 began on a high note with the presence of representatives of more than twenty countries besides national Industry Captains.

Delegates from more than 20 countries participated in the Bengal Global Business Summit and praised about the growth of Bengal.

The second day of the Summit will present a Conclave on the MSME sector as well as a Breakaway Session where presentations of recommendations will be done.

The most awaited part of today’s Session will be the signing of the business agreements in presence of the West Bengal Chief Minister Ms Mamata Banerjee.

The Chief Minister will also address the Closing Session.

Schedule of events on January 8, 2015

  • 9:00 AM to 11:00  AM  MSME Conclave
  • 11:30 AM to 12:15 PM  Presentation of Recommendations arising out of Breakaway Sessions
  • 12:15 PM  to 1:15  PM  Signing of Business Agreements and other Announcements in the presence of Ms Mamata Banerjee, the Chief Minister of West Bengal
  • 1:25   PM to 1:55    PM  Closing Session Address by Mamata Banerjee, the Chief Minister of West Bengal
WB CM Bengal Global Summit

Bengal Global Business Summit Day 1: Investments flow in

The Bengal Global Business Summit started with great success on the first day.

Representatives from 20 countries visited the summit and took interest in the state and praised efforts by the new government.

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

The new investments for the day are:

  • MoUs worth Rs 41,600 crore were signed by the Union Shipping Ministry. This includes a deep sea port named Bhor Sagar (New Dawn) at Sagar Islands, with investment of Rs 12,000 crore (2 billion USD). Rs 1200 crore will be invested in the development of a second port in Haldia. Haldia-Varanasi waterway development with investment worth Rs 4,500 crore
  • MoUs on Deocha Pachami Coal Mines was signed which will bring investment worth Rs 12000 crore
  • Global CEO of Mitsubishi Chemicals committed fresh investments in Haldia plant
  • GoAir, with an investment of Rs 1000 crore, intends to start operation from the Nazrul Islam Airport at Andal
  • Fresh investment by ITC worth Rs 3000 crore
  • SAIL have announced projects worth Rs 40000 crore
  • Massive hydrocarbon gas project is coming up, with investment worth Rs 5000 crore from Hiranandani group
  • Kolkata Eye MoU has been signed with Port Trust worth Rs 300 crore
  • TCS will create 20,000 new jobs in Kolkata

Fruitful morning session of Bengal Global Business Summit: WB CM

West Bengal Chief Minister Ms Mamata Banerjee lit the ceremonial lamps to inaugurate the Bengal Global Business Summit 2015, being held at Saltlake Stadium. She was accompanied by Union Minister of Finance, Corporate Affairs and Information & Broadcasting and captains of industries and state Industry and Finance Minister, besides other industry captains.

The Chief Minister felicitated the industrialists and delegates with the ceremonial uttariya.

The Chief Minister showcased the state government’s policies and achievement in different sectors encouraging the growth of industry.


Highlights of the speech of West Bengal Chief Minister:

•    Bengal is a land of billion opportunities

•    Bengal is rising and shining

•    The captain of the industries are guiding us, advising us

•    Last three years have seen big difference in Bengal

•    Bengal is your own motherland, your own sweet home

•    We have our land bank and land map, land policy ready and enough manpower

•    Our manpower is skilled and cheap

•    Bengal is Number one in MSME when it comes to banking loans growth in this sector

•    Bengal is the Gateway to South East Asia

•    State has announced new policy for IT, Industry and clear policies for other sectors too

•    We are setting up new IT college, Eco-tourism hubs, hospitals in PPP mode

•    We invite the Union Finance Minister’s suggestion and vision

•    Political difference will not block the way for development

•    Good governance mean credibility, determination, accountability, dedication, responsibilities

•    Bengal is the destination of world’s industrialists

•    Bengal is our kormobhumi dhormobhumi matri bhumi sonskritirbhumi

•    Let us work together; service is mine, your vision

•    As a leader I want to work as a sister, as your worker

•    Let us work together . If Bengal shines, India will also shine

•    Bengal is the land of many great leaders. Bengal is the land of Maa, Mati, Manush

•    Your presence has encouraged us to go ahead with our mission and vision

•    We have six helicopter services. Infrastructure is already here

•    We want to extend our assistance to all.


Highlights of the speech of West Bengal Finance Minister:

•    No bandhs in the State. The govt wants to change the work culture and this was most difficult, but we have changed that

•    When I came to office, there were 53 thousand factories closed, 1 crore unemployed, 78 thousand lakh mandays lost. In the next year we diminished the mandays lost to 5020 and zero in the current year

•    Work culture has changed radically, even on the day of a bandh, the Finance Dept. has an attendance of over 94%

•    Bengal is the heart of Southeast Asia, north east India, Nepal, Bangladesh and Bhutan

•    One lakh acres of land is available for industry


Highlights of the speech of Union Finance Minister:

•    I am glad that in your address Madame CM you sent out an invitation to attract investment

•    Delighted that Bengal invited the world at large. Bengal has a historic industrial legacy

•    I am sure that initiatives like these will drive investments to Bengal

Come to Bengal. Ride the Growth

Industry captains praise Bengal at Global Business Summit


The inaugural day of the Global Bengal Business Summit 2015 started off with the Industry Captains sharing their experiences of working in Bengal as well as intentions of investments in the State.

Reactions by the Industry Captains:

Well done CM of Bengal for improving the ease of doing business in Bengal. Highest acceleration of consumer goods growth in the last 3 months has been in Eastern India and most so in Bengal: Adi Godrej, Chairman, Godrej Group

It is not easy to turn around a sick industry. But Bengal is taking a firm step. I commend industry to come to India. Come to Bengal. Of our new investments of Rs 25000 crore, Rs 3000 crore is in Bengal.: YC Deveshwar, MD, ITC

We find it very rewarding to work in Bengal. We are creating 20,000 more top class talent and jobs: TCS Chief in Bengal

Bengal is back in business. You don’t invest thousands of crores on emotion. We do so because it makes sound business sense. Despite what is being said in the media, decision making in Bengal is quick and precise. Land acquisition was like a dream: Sanjeev Goenka, Chairman, RP-Sanjiv Goenka Group

Massive hydrocarbon gas project is coming up in Bengal. This Rs 5000 crore project to be completed in 2018: Niranjan Hiranandani,  House of Hiranandani

We will be doubling our investment in Bengal. We will be setting up a wagon factory at Kulti: Chairman, SAIL

We will take part in Education sector, Agri business, revamping of universities and tourism, Say Yes to West Bengal: Rana Kapur, President, Yes Bank

The CM is working very hard to rejuvenate tourism industry. The State developing infrastructure to promote tourism: Dr Jyotsna Suri, Chairperson & Managing Director, The Lalit Suri Hospitality Group