Bengal's global business summit to be held on Apr 21 & 22

West Bengal offers unique business opportunities, strategic location advantage and is the human resource capital with investor friendly policies, Sinha said at a government-Industry Interaction session organized by ASSOCHAM on Monday in Chennai.

During his interaction, Sinha highlighted the West Bengal's capacity of withstanding the macro-economic shocks of pandemic era, as it was one of the two states to record positive- growth.

Bengal’s economy is projected to achieve higher growth post covid, much more than the national average.

He elaborated on the facilitative policy environment for setting up manufacturing facilities. He also highlighted the growth of the service sector in the region.

"Our previous editions of Bengal Global Business Submits (BGBS) inked pact for investments worth Rs 1,23,578 crore. As per the latest RBI report, West Bengal is the fastest growing economy," he said.

The advantageous position of the state with technical human resource coupled with World class institutions and significant focus on operationalizing specialized Road, water and air logistic connectivity, 99.4 percent internet penetration and state’s ‘Zero tolerance’ policy for strike keeping pace with the investor’s needs and growth prospectus.

“A forward-thinking Bengal focusing on sustainability and inclusive growth is a reflection of Indian tradition infusion with Modern times. Along with tradition sectors such as Tea and Jute, Bengal is now home to Biotechnology, Food Processing, Mobility, IT & E services, Logistics, and ports, etc. With more Indian business leaders and MNCs choosing to make Bengal their home, Bengal’s intellect capital is its core strength as the state offers highly qualified and skilled manpower” he added.

ASSOCHAM Co-chairman Tamil Nadu, . Abhaya SriSrimal Jain addressing the gathering said, ASSOCHAM has been working across India to help build conducive business environment and facilitate India Inc to build a stronger India.

Bengal is a land of opportunity and is the hub foe east India and neighbouring countries. The sentiment was echoed by Mr. Ravi Agarwal Chairman ASSOCHAM Eastern Region and National Committee Member, who stated, Bengal is among the leading states that offer a successful mix of modern infrastructure, progressive business policies. Today the state is an economic powerhouse with ample opportunities for growth. 

ASSOCHAM senior leaders expressed their solidarity to work as facilitators with the state Government towards a transformation change and expressed desired in setting up business excellence centers in logistics and ports, pharma and infrastructure.