Sunday, January 4, 2015

#West Bengal receives Rs 83,000 crore investment in 3 years says FM Amit Mitra

According to Dr. Amit Mitra, WB State Finance, Commerce and Industry Minister West Bengal is on the growth path. The state has attracted Rs 83,212 crore investment between April 2011 and December 2014.
Tata group company TCS is building 40-acre campus to house 20,000 IT professionals
Tata Metaliks also plans to expand capacity, while Tata Hitachi Construction Machinery Co plans investment in R&D and up gradation work.
State-run NTPC is setting up the largest power plant having 1,300 MW capacity with an investment of Rs 10,000 crore.
Matix Fertilisers and Chemicals’ plant near Panagarh in West Bengal will use coal-bed-methane (CBM) as feedstock for its Rs 5,500 crore fertiliser unit.
L&T is deeply engaged in state building highways, while the Shapoorji Pallonji Group received the permission to set up 20,000 apartments for LIG and MIG group.
Anil Ambani-led Reliance Group is investing Rs 600 crore for its cement plant on 100 acres of land.
Orissa Cement and Emami Group are also investing Rs 600 crore each for setting up cement facilities in the state.
West Bengal is hosting  the Global Business Summit on 7- 8 January, 2015.Earlier Mitra informed the state Assembly that this investment would result into an employment generation of 1.55 lakh people.