Consul General of Germany in Kolkata Michael Feiner Monday said the ongoing political clashes will not have any major negative impact on trade and investment in West Bengal.
There have been political disturbances in several districts of the state after the Lok Sabha elections.
Investors look for long-term stability and short term issues do not impact much, Feiner said on the sidelines of an interactive session organised by the Merchants' Chamber of Commerce and Industry (MCCI).
"Perception takes time to change," he added.
The envoy said the state government has been working on several fronts but it holds more potential.
West Bengal accounts for about 2 per cent of German FDI and German SMEs are active in the state.
An official of the West Bengal industry department said the proposed state design centre is at an advanced stage of being set up for cutting edge technologies.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app