Bengal Global Business Summit 2023

West Bengal CM Mamata Banerjee spoke at Bengal Global Business Summit 2023 about central investigating agencies and said that they are breathing down the neck of industrialists.

State got investment proposals of ₹3.76 lakh crore, says CM Mamata Banerjee.

Look who all are here at Bengal Global Business Summit 2023?

West Bengal Chief Minister Mamata Banerjee , Reliance Industries Chairperson Mukesh Ambani.

The newly adapted State song performed by eminent musicians like Indranil Sen, MP Babul Supriyo, Manomay Bhattacharya, and Rupankar bagchi, at the inauguration ceremony.

Former Indian cricket team captain Sourav Ganguly was seen among the attendees during the inaugural session.

Mamata Banerjee named Sourav Ganguly as ‘Brand Ambassador of Bengal’ while unveiling a set of ambitious policies to reshape the state’s economic outlook at The Bengal Global Business Summit in Kolkata

Bengal Global Business Summit 2023

CM Mamata Banerjee’s Vision for Bengal

Chief Minister Mamata Banerjee in her inaugural address at the 2023 Bengal Global Enterprise Summit unveiled ambitious policies aimed at transforming the country’s economic landscape. These policies include doubling government exports, improving logistics infrastructure and promoting renewable energy.

Sourav Ganguly: The New Face of Bengal

Expressing her reason for choosing Sourav Ganguly as the brand ambassador, Banerjee said, “Sourav Ganguly is a very popular personality and he can work for the young generation in a very good way. I want to take him with me as the brand ambassador of Bengal.” The move will not only add a visible personality to the state’s promotional efforts, but will also increase Ganguly’s influence in relation to the younger demographic.

New Initiatives Unveiled at the Summit

The summit unveiled several initiatives by Mamata Banerjee, including initiatives to promote biofuels and the establishment of a new submarine cable landing station at Digha. The latter is expected to improve internet connectivity in the eastern region, opening up new opportunities for business and innovation.

A Gathering of Business Leaders

The inaugural Bengal Global Business Summit 2023 brought together a distinguished group of business leaders. The president and CEO of Reliance Industries Mukesh Ambani, Sanjeev Goenka of the power sector and Rishad Premji of Wipro were among the prominent ones.

Mukesh Ambani’s Commitment to Bengal’s Growth

In his speech, Mukesh Ambani announced an additional investment of ₹20,000 crore in West Bengal over the next three years. This investment will focus on digital solutions, expansion of Reliance Retail and development of bioenergy. Ambani highlighted Reliance Industries’ significant past investments in the state to the tune of nearly ₹ 5,000 crore, underscoring the company’s commitment to Bengal’s economic development.

Wipro Chairman Rishad Premji’s Positive Outlook

Wipro chairman Rishad Premji praised West Bengal’s favorable policies for expanding the IT industry. His positive view of the country’s opportunities reflects the growing interest of technology companies in Bengal’s business environment.

RPG’s Significant Investment and Positive Sentiments

RPG’s Sanjeev Goenka shared insights into his company’s significant ₹ 25,000 crore investments in West Bengal over the past few years. He praised the country’s swift and efficient decision-making process and declared that the days of recessions, strikes and riots are now history. Goenka singled out Chief Minister Mamata Banerjee’s pro-business stance as a driver of the country’s economic recovery.

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.

5,000 delegates

According to the Chief Minister, the event was a truly global event, attended by approximately 5,000 delegates and 400 international delegates from 17 partner countries, corporate and official delegations from nearly 400 countries, and 15 ambassadors and high commissioners.

Ms. Banerjee also spoke about the Central Investigation Agencies and said that they were breathing down the neck of industrialists. He said the industry should not tolerate harassment by these agencies. On the second and last day of BGBS, multi-company conglomerate ITC launched ITCMAARS (Meta-Market for Advanced Agriculture and Rural Services), the company’s pioneering super program and embedded ecosystem in West Bengal.

ITC Chairman and CEO Sanjiv Puri, who co-chaired the agriculture and allied sectors summit, said 93 MoUs were signed by state governments and private sector players in agriculture and allied sectors. These investment proposals were worth Rs 1,314 crore.

Uber Shuttle

Around 25 MoUs worth around Rs 7,933 crore have been signed in the health sector. The IT and ITeS sector has received five MoUs with investment proposals worth around Rs 4,000 crore.

Other highlights of the corporate summit include Coca-Cola India signing an MoU with tea company Luxmi Tea to enter the world of ready-to-drink tea and offer a wider range of beverages to consumers.

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Ride-hailing app Uber and the Ministry of Transport and the Government of West Bengal have signed an MoU to launch the Uber Shuttle bus service for daily commuting in Kolkata. “As part of this MoU, Uber plans to invest $10 million in the state by 2025 and create approximately 50,000 jobs in Kolkata over the next five years,” the company said. By March 202 , Uber plans to operate around 60 air-conditioned buses on predefined routes connecting business districts to residential areas in Kolkata.

The West Bengal government has also received investment proposals worth ₹1,676 crore and ₹36 crore for school education and higher education, respectively.

Reliance invested Rs 45,000 cr in state, says Mukesh Ambani

Reliance Industries chairman Mukesh Ambani said the group has invested around Rs 45,000 crore in West Bengal and the company plans to invest another Rs 20,000 crore in the state over the next three years.


The Reliance chairman announced the figures at the 7th edition of the Bengal Global Business Summit (BGBS) held in Kolkata on November 21. West Bengal CM Mamata Banerjee, Reliance Industries Chairman Mukesh Ambani and other prominent industry representatives attended the opening ceremony of the summit, which is the West Bengal Government the industry’s biggest event.

Ambani also said that Reliance is doing its best to boost the growth of West Bengal and talked about the company’s future investments in the state. “The Reliance Foundation has embarked on an ambitious project to restore and restore the Kalighat Temple in Kolkata.

We are renovating the entire temple complex, including the centuries-old heritage sites, he added. He also appreciated West Bengal CM Mamata Banerjee by calling her ‘Agnikanya,’ as the late (former Prime Minister) Atal Bihari Vajpayee described her. The ‘agni’ of struggle and sacrifice has made you and your golden character shine brighter and now you are making ‘Shonar Bangla’ shine brighter,” said Mukesh Ambani, at the Bengal Global Business Summit 2023.

The conference brings together various stakeholders, including business leaders, to encourage investment in the country. The event will be held at three major venues: Biswa Bangla Convention Center, Biswa Bangla Mela Prangani and Dhono Dhanyo Auditorium. According to the official website of the summit, this year and the partner countries of the summit are Australia, Bangladesh, Bhutan, Fiji, France, Germany, Japan, Kenya, Luxembourg, Malaysia, Nepal, Netherlands, Poland, Rwanda, Slovakia, South -Korea and United. States of America.


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