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5th Bengal Global Business Summit generates proposals of Rs 2.84 trillion

While 86 MoUs were signed, investments saw 29.68 per cent increase than the previous year; IKEA looking to set up store in Kolkata

mukesh ambani, mamata banerjee
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West Bengal Chief Minister Mamata Banerjee looks on as Reliance Industries Chairman Mukesh Ambani shakes hands with JSW Group Chairman Sajjan Jindal (L) during 'Bengal Global Business Summit 2019', in Kolkata, Thursday | Photo: PTI

Avishek RakshitIshita Ayan Dutt Kolkata
The fifth edition of Bengal Global Business Summit (BGBS) ended with West Bengal government receiving investment intentions worth Rs 2.84 trillion. Showcasing West Bengal as a favourble investment destination, this year saw an increase of 29.68 per cent over the previous year, when proposals worth Rs. 2.19 trillion were received.

“The proposals we received proves our credibility and accountability. A total of 86 MoU (Memorandum of Understanding) have been signed, 1200 business to business meetings and 45 business to consumer meetings have been held. Investment means the creation of new jobs and around 8-10 lakh more jobs will be created