Bengal Global Business Summit | State got investment proposals of ₹3.76 lakh crore, says Mamata
The Hindu
At 7th Bengal Global Business Summit, Kolkata received investment proposals worth over ₹3.76 lakh crore. 188 MoUs & LoIs signed, incl. ITC's 'phygital' ecosystem, Coca-Cola India's ready-to-drink tea, Uber's $10M investment & 60 AC buses, & school & higher edu. proposals worth Rs 1,676 & ₹360 cr.
West Bengal received investment proposals worth over ₹3.76 lakh crore at the seventh Bengal Global Business Summit, Chief Minister Mamata Banerjee said on Wednesday, November 22, 2023
Speaking at the valedictory session, Ms. Banerjee said a total of 188 Memorandum of Understandings (MoUs) and Letters of Intent (LoIs) were signed.
The Chief Minister said it was a true global event with about 5,000 delegates and 400 international delegates from 17 partner countries, business and official delegations from nearly 40 countries and 15 Ambassadors and High Commissioners taking part.
Ms. Banerjee also spoke about central investigating agencies and said they are breathing down the necks of industrialists. She said that industrialists should not have to put up with harassment by these agencies.
During the second and final day of the BGBS, multi-business conglomerate ITC launched the ITCMAARS (Metamarket for Advanced Agriculture and Rural Services), the company’s pioneering super app and ‘phygital’ ecosystem, in West Bengal.
ITC Chairman and Managing Director Sanjiv Puri, who was co-chair of agriculture and allied sector for the summit, said 93 MoUs were signed between the state government and the private players in the agriculture and allied sector. These investment proposals were worth Rs 1,314 crore.
About 25 LOIs ( Letter of Intent) were signed in the healthcare sector amounting to proposals of around Rs 7,933 crore. The IT & ITeS sector received five MoUs with investment proposals of around Rs 4,000 crore.