Bengal to intensify efforts to attract investors WBIDC Chairman \
4 min read
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Bengal to intensify efforts to attract investors WBIDC Chairman

27-Mar-2022
New Delhi Mar 27 PTI The West Bengal government will intensify its investor outreach efforts and is betting big on a planned deep-sea port coal mine and industrial corridor being developed in the state to attract entrepreneurs a top official has said West Bengal Industrial Development Corporation WBIDC Chairman Rajiva Sinha said there is a need to change the perception that investors have about Bengal and considering the priority accorded to industrial development by Chief Minister Mamata Banerjee he is more upbeat about investment commitments at the upcoming Bengal Global Business Summit this year The summit being jointly organized by WBIDC and industry chamber CII will be held on April 21-22 in Kolkata It will be the first such physical event in India after the COVID-19 pandemic outbreak The summit will have 15 partner countries and participation from almost all countries You cannot change the perception by giving advertisement Every state government is saying they are the best We need to have a more intense outreach programme We have to go out and talk to people This change of perception does not happen through advertisements it happens through one-to-one interaction Sinha said Talking to PTI after holding roadshows here ahead of the summit Sinha said many companies are looking at Bengal seriously and efforts are on to concretise such expression of intent before the summit Announcements are generally of same tune every year We should concretise majority of them before the announcement is made so that we are in a firm position to say that out of the x amount expressed as intent at least x2 or x3 is in the pipeline Thats what we are working towards and we hope that we will have a huge amount of expression of intent this time because industry is priority of the government now Sinha said The previous five editions of the summit saw cumulative investment proposal of over Rs 1232 lakh crore The state is getting a large coal block operational in a couple of years which is expected to give a boost to the mining industry Besides the 500-km Tajpur-Raghunathpur industrial corridor in Purulia and the proposed deep-sea port at Tajpur will bring a lot of infrastructure development and port-based industry Along with the Tajpur port we are giving 1000 acres of land to the developer where port-based industry will come So this year we are more upbeat about announcement of investments said Sinha He said one of the reasons for which the state has been sluggish in reaching out to investors is that 10 years back it did not have much to show but now the state government is bullish and governments priority is bringing industries into the state We will undertake more of outreach programme largely within the country not so much overseas to ensure that people start taking Bengal seriously and people get to know what Bengal has to offer and what Bengal stands for today Sinha said PTI JD HVA HVA
27-Mar-2022 National
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The new BMW X3 now available in diesel variant

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