Bengal Global Business Summit

WB receives investment proposals worth Rs 3.76 trillion: CM Mamata Banerjee

Addressing the valedictory session, Banerjee said that 188 memoranda of understanding (MoUs) and letters of intent (LoIs) had been signed

Merlin Group signs MoU with World Trade Centers at Bengal business summit

The Kolkata-based Merlin Group announced on Wednesday that the company has signed an MoU with several World Trade Centers in the country to explore opportunities for enhancing trade and investment. The pact was inked during the Bengal Global Business Summit here. "We signed MoUs with WTC Bangalore, WTC Mumbai, and WTC Noida at the investment summit for mutual support in various activities, promoting businesses and members in each other's states," Sushil Mohta, chairman of WTC NDITA said. The Rs 1500 WTC which is likely to create 30,000 job opportunities is coming up at Salt Lake's Sector 5 area, the municipal services of which are looked after by Nabadiganta Industrial Township Authority (NDITA). This WTC "will also focus on strengthening global trade, with a particular emphasis on promoting exports from West Bengal, Maharashtra, Karnataka, Delhi, Tamil Nadu, and Kerala", Mohta said. The partnership with other WTCs aims at exploring opportunities for enhancing trade and investment

Rs 400 cr investment in Bengal's hosiery parks expected by FY24-25: WBHA

The West Bengal Hosiery Association (WBHA) on Wednesday said that an investment of Rs 400 crore in capacity building of hosiery parks in the state is expected by the next fiscal year. Addressing a session on manufacturing industries with a focus on MSMEs and textiles at the seventh Bengal Global Business Summit, WBHA secretary Pradeep Arora said, "This investment aims to add a sprawling 20 lakh sq ft of operational area to the hosiery parks." Chief Secretary H K Dwivedi, in his address, underscored the importance of Medium and Small Scale Industries (MSMEs) in the rural hinterlands, while stressing the need for robust support mechanisms such as enhanced access to credit, simplified compliance obligations, and swift project approvals. Acknowledging the challenges faced by MSMEs, Dwivedi said the state government was taking a proactive approach by regularly organising stakeholder consultation meetings at the district level, often in the presence of Chief Minister Mamata Banerjee and .

ITC launches app to provide crop advisory, market access to Bengal farmers

ITC Limited on Wednesday launched a mobile application to provide crop advisory, market access and financial services to the farmers of West Bengal. ITC chairman Sanjiv Puri launched the ITCMAARS (Metamarket for Advanced Agriculture and Rural Services) application on the concluding day of the Bengal Global Business Summit (BGBS) here. He said the application, on which services would be available in Bengali, would offer world-class technologies and services to farmers in partnership with a large number of leading players in the agri sector, besides banks, institutes and technology firms. Puri said ITC aims to reach out to five lakh farmers over time. He said that ITC's agri business already has a significant presence in the state, where it works with nearly 1.7 lakh farmers, introducing new crop varieties, promoting crop development for enhancing quality and improvement in yield, besides providing advisory and other services.

States need to GI-tag food, beverages for better prices overseas: Industry

"The key strategic issue is to consider some number of GI-tagged products in the export basket for the state of West Bengal," Kapoor said

Reliance Industries to pump Rs 20K cr more into Bengal, says Mukesh Ambani

Mamata invites industry to participate in Tajpur port tender

WB's marquee biz summit begins today, leaders from 28 nations to take part

Business leaders from 28 countries, a host of prominent figures of corporate India as well as political dignitaries are expected to take part in the seventh edition of the Bengal Global Business Summit (BGBS) which will begin on Tuesday, officials said. The participating countries include the US, UK, Japan, Poland, France, Australia, Germany, Malaysia, Bangladesh and Fiji, they said. Corporate bigwigs such as Reliance Industries, ITC, Ambuja Neotia and the Hiranandani Group are also likely to attend the state's marquee business summit. The focus sectors at the two-day BGBS 2023 are MSME, textiles, engineering, energy, transport and urban infrastructure, real estate, agriculture, tourism and international trade and logistics, officials said. Over 250 international delegates, including senior representatives from the World Bank and the Asian Development Bank, are expected to participate in the event, they said. "Reliance Industries Chairman and MD Mukesh Ambani is expected to attend

UK firms ready to help Bengal develop green public transport system: Envoy

The British delegation for the Bengal Global Business Summit (BGBS) has several companies with expertise in running trams and other modes of green public transport, and they would like to help in developing such a system in West Bengal, a UK envoy said on Monday. BGBS, West Bengal's marquee business summit, begins here on Tuesday. Trams are still running in many cities in the UK and also in South London, UK Deputy High Commissioner to East and Northeast India, Andrew Fleming, pointed out. "We are happy that our delegation for the BGBS has many companies with expertise in running trams and other modes of green public transport. They would be ready to help in the movement of people in cities and towns of West Bengal," Fleming said. Trams are an iconic feature and a heritage symbol of Kolkata, he said before riding a special tram operated by the West Bengal Transport Department from Tollygunge to Ballygunge, a distance of around 5 km in the southern part of the city. The British ...

Mukesh Ambani, top industrialists likely to attend Bengal business meet

Reliance Industries chairman and managing director Mukesh Ambani and top industrialists from companies such as the ITC, Ambuja Neotia and Hiranandani Group are likely to attend the Bengal Global Business Summit (BGBS) scheduled here next week, an official of the state government said on Saturday. It was, however, not clear whether Adani Group chairperson Gautam Adani will attend the two-day summit, the official said, adding that representatives of the group will be present. "Mukesh Ambani is likely to attend this year's BGBS. Other industrialists such as Sanjeev Goenka, Sanjeev Puri, Purnendu Chattopadhyay, Harshvardhan Neotia and Sajjan Jindal will be present," the official told PTI. In September, West Bengal Chief Minister Mamata Banerjee had met several industrialists during her visit to Spain and Dubai, primarily to seek investments. This year's BGBS is scheduled on November 21 and 22. The closing ceremony will be held at Dhanadhanya theatre in the city's Alipore area.

Mamata to leave for 11-day tour of Spain, Dubai to attend business summits

West Bengal Chief Minister Mamata Banerjee will leave for an 11-day tour of Spain and Dubai, during which she will attend business summits to attract investments to the state. Banerjee will leave for Dubai on Tuesday, and spend the night there due to the unavailability of connecting flights, before flying to Spain's capital Madrid the next day. "We will stay in Madrid for three days, during which we will attend a business summit and meet non-resident Bengalis. From there, we will take a train to Barcelona, where we will participate in a two-day meeting for the Bengal Global Business Summit (BGBS)," she told reporters at state secretariat Nabanna on Tuesday. She said this will be her first foreign tour in five years as the Centre "had not given her necessary permission earlier". Banerjee will be accompanied by Chief Secretary H K Dwivedi and senior office-bearers of renowned Kolkata football clubs Mohun Bagan, East Bengal and Mohammedan Sporting. She said former Indian cricket team

Adani Group commits to invest Rs 10,000 cr in Bengal over next decade

Group company Adani Wilmar currently has an edible oil plant in Haldia

West Bengal govt holds roadshow in Chennai to promote business summit

The West Bengal government on Monday held a roadshow in Chennai to promote the sixth edition of a state business summit. The roadshow was organised in association with Assocham to highlight the state's unique business opportunities, strategic location advantage and availability of human resource capital with investor-friendly policies. The next edition of the Bengal Global Business Summit will be held on April 20-21. "Around 200 delegates participated in the roadshow and 20 meetings with potential investors were held," the official said. During the outreach programme, a government delegation led by West Bengal Industrial Development Corporation chairman Rajiva Sinha highlighted the potential areas for investments in various sectors such as biotechnology, food processing, mobility, IT & E services, logistics, and ports with traditional industries of tea and jute. The government delegation also pointed out the state's capacity of withstanding the macro-economic shocks due to ...

Industrialists suggest greater publicity for Bengal attract investment

The state government launched the new intregated portal for ease of business that integrates at least 15 state departments and i-cloud for paperless services and digital locker

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

Over 36 countries to participate in Bengal Global Business Summit: Mamata

She said Mukesh Ambani will lead a clutch of industrialists to the event including Sajjan Jindal of JSW Group and others

Bengal Global Business Summit generates investment proposals of Rs 2.19 trn

RIL's proposal to scale up the Jio business would create employment opportunity of 100,000 in the state

Bengal Global Business Summit: Mamata govt bags Rs 2.2-trn investment pacts

More than 32 countries and over 4,000 delegates participated in the 2018 edition

West Bengal to see over Rs 43 bn investment in logistics by 2020: JLL India

The key markets across the state that would see development in the first phase

Global Business Summit: Reliance emerges as a top investor in West Bengal

A major portion of the announced Rs 50-billion investment has gone towards creating the Jio network

Rs 50 bn investment: RIL to manufacture electronics in Bengal, says Ambani

Mukesh Ambani told Mamata Banerjee, 'Didi, under your leadership, West Bengal is becoming best Bengal'