West Bengal Chief Minister Mamata Banerjee attended a meeting with representatives from FICCI, CII, and industry leaders on Wednesday, ahead of the 8th edition of the two-day Bengal Global Business Summit (BGBS), which begins this afternoon.
The two-day summit, set to take place from February 5 in Kolkata, is a key event for promoting investment in the state.
Banerjee shared on Facebook, "Our much-awaited Bengal Global Business Summit is having its preludes in the Special Meeting of the National Executive Committees of the Apex Chambers of Commerce and Industry, CII and FICCI. I joined them briefly to encourage investments in West Bengal from our national industry magnates. Bengal the destination!!."
Sanjiv Goenka, Chairman of the RP-Sanjiv Goenka Group, on Wednesday announced an investment of ₹10,000 crore in West Bengal over the next few years.
Goenka made this announcement at the inauguration of the Bengal Global Business Summit (BGBS) 2025. This significant investment will be focused on three key sectors: energy, healthcare, and education.
"We will invest ₹10,000 cr in healthcare, energy and education," he said.
The RP-Sanjiv Goenka Group has a diverse portfolio of businesses, including power and energy, carbon black manufacturing, retail, IT-enabled services, fast-moving consumer goods, media and entertainment, infrastructure, and education.
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, addressed the West Bengal Investment Summit, stating, "It’s the best time to invest in West Bengal." He further added, "In the era of knowledge economy, West Bengal has a special advantage." Ambani also revealed that Reliance's investment in the state has increased 20-fold in less than a decade.
He also added Jio’s progress in the region, announcing, "Jio’s network now covers 100 percent of West Bengal’s population" and that the company is "currently building the best AI infrastructure in India." Ambani further stated that an "AI-ready data center will be ready in 9 months."
He has pledged to invest ₹50,000 crore in the state by the end of this decade.
Reliance has already invested ₹ 50,000 crore in the state in the last 10 years.
"Today, in less than a decade, our investments in Bengal have increased 20 times, and we have invested over ₹50,000 crore. Mamata Didi, we shall double this investment by the end of this decade. Our investments have created over one lakh direct jobs," he said.
The chief minister on Tuesday night in a social media post had also mentioned that over 5,000 delegates, including representatives from 40 countries, have already started arriving in Kolkata.
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Additionally, 20 ambassadors and high commissioners are attending to represent their respective countries, while prominent Indian business leaders are coming together, often accompanied by their chambers, CII, FICCI, and ICC, she said.
According to the Bengal Global Business Summit website, West Bengal has been among the fastest-growing states in terms of economic development, with the state's Gross State Domestic Product (GSDP) expected to reach ₹18.79 lakh crore in 2024-25.
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