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West Bengal Woos Investors To Global Business Summit 2016

Monday, January 04, 2016
By Dominic Rebello

“The focus of the summit would be on emerging areas such as start-ups, design, intelligent cities, IT/ITes, financial hub, industrial infrastructure, skill and services and cluster leadership for MSME sectors," said Amit Mitra, Finance Minister, West Bengal last week on his Mumbai road show visit about the Bengal Global Business Summit 2016 which is to be held on 8th and 9th January 2016.

The summit endeavors to collaborate with the business community, investors and intellectual capital from across the country and aims to encourage investments across sectors.

"We have consistently been taking initiatives to rejuvinate the industrial scenario and has observed a huge surge in capital expenditure, planned expenditure and social expenditure in recent years while introducing a slew of policy reforms and easy of doing business," Mitra added.   

He said many players like TCS, Cognizant, Wipro, Dalmia, JSW, Emami, Tata Hitachi, who already are present, are either expanding their business or setting up new projects in the state.  

Mitra said the summit would help investors understand the potential of the state in various sectors and will create opportunities to interact with policy makers and government officials.   

In the last business summit in January 2015, the state saw announcement of an investment of Rs 2.43 lakh crore. Out of it Rs 91,000 crore of investments are in various stages of implementation.

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