The inaugural session of the 5th Bengal Global Business Summit (BGBS) Thursday saw industry heavyweights make several multi-crore investment announcements for the state while the government signed MoUs with Italy, Germany and the Republic of Korea.
Reliance Industries chairman Mukesh Ambani led with a Rs 10,000 crore investment announcement for expansion of his company’s 4G network.
Niranjan Hiranandani, MD of the Hiranandani Group, announced Rs 2000 crore worth of fresh investments. “H-Energy has completed the land acquisition and recently received permission to build a pipeline. The company aims to deliver gas to Haldia by 2022.
This will bring Multi-crore investments pour in on first day of Bengal Global Business Summit down cost of manufacturing in the state and also provide gas to cities. We have already made Rs 3000 crore worth investments in the state. We will invest Rs 2,000 crore more in the next two years.”