Mitra woos industrialists to invest in West Bengal

Image
Press Trust of India Kolkata
Last Updated : Jan 17 2014 | 7:13 PM IST
West Bengal Industry and Finance Minister Amit Mitra today made a fervent effort to hardsell the state before industrialists at the CII National Council Meet.
"I am listing you the positive aspects for which everybody should consider West Bengal as their investment destination," Mitra said.
"Firstly, integrity and transparency of the government led by Mamata Banerjee is the greatest plus point which any investor will strive to get," he said.
He also listed areas like growth, infrastructure, taxation reforms, human skill, policy clarity and reduction in mandays lost as the government discouraged bandhs and strikes.
Mitra praised the former Industry Minister Partha Chatterjee, who was sitting beside him at the event saying: "Parthada had been chaperoning the industry department soon after the new government came to power by creating core committees as advised by the Chief Minister till I stepped in."
He said contrary to perception, land was available in industrial parks of WBIDC and WBIIDC for small projects, and areas like Raghunathpur, Panagarh and Kharagpur were ideal for large projects.
Mitra said: "Given the present intent of the government to industrialise the state, there will be no place for shenanigans."
He informed that at the instance of the Chief Minister, the state's Industry Department had put in place relationship managers for new large projects which were 57 in number now. Mitra also invited the industry to set up commercial properties atop bus depots, which would come up at various parts of the city.
Mitra today handed over 440 acres of land to nine projects which included one power plant, Universal East Coast Power, and a cement plant of Emami with an estimated investment of Rs 500 crore.
Noted industrialists which were present at the meet were Adi Godrej, Krish Gopalakrishnan, Harsh Neotia and Sanjiv Goenka.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jan 17 2014 | 7:13 PM IST

Next Story