2 hrs ago
Reliance Plans Multi-Sector Bengal Investments as State Courts Industry
Reliance Industries is considering several new projects in West Bengal.
The company plans to send a large team to study the opportunities next week.
Possible projects include a cable station, a data centre and a food park.
Chief Minister Suvendu Adhikari said Reliance may invest in four or five sectors.
The state is also preparing a new industrial policy.
This policy is expected to make approvals and land acquisition easier for large projects.
Land was given to 33 companies for projects in areas such as solar power, semiconductors, defence equipment and medicines.
Together, these projects could bring more than ₹60,000 crore in proposed investment.
They could also create over 62,000 jobs if completed.
Reliance Industries will send a large team to West Bengal next week to explore projects across four or five sectors.
Potential Reliance projects include a cable landing station at Digha, a data centre in Rajarhat and a food park in north Bengal.
Chief Minister Suvendu Adhikari said West Bengal’s new industrial policy will be introduced before Durga Puja.
Land was allotted to 33 companies for projects involving proposed investments exceeding ₹60,000 crore and more than 62,000 potential jobs.
The state said the allotted projects must be completed by December 31, 2029, and is seeking UDAN status for five airports.
- Who
- Reliance Industries, led by Mukesh Ambani, and 33 companies receiving land allotments; the plans were announced by West Bengal Chief Minister Suvendu Adhikari.
- What
- Reliance will explore multiple projects in West Bengal, while the state is introducing an industrial policy and allotting land for major projects.
- Where
- West Bengal, including Digha, Rajarhat and north Bengal.
- When
- The announcement was made on Wednesday; Reliance’s team is expected next week, and the industrial policy is planned before Durga Puja.
- Why
- The state is seeking to attract large industrial investments, simplify approvals and generate employment.
Key facts
- Reliance sectors
- The company indicated plans to invest across four to five sectors.
- Potential projects
- An international cable landing station at Digha, a data centre in Rajarhat and a food park in north Bengal.
- Companies receiving land
- Land allotment letters were given to 33 companies.
- Proposed investment
- More than ₹60,000 crore across the allotted projects.
- Potential employment
- More than 62,000 jobs.
- Completion deadline
- Companies must complete their projects by December 31, 2029.
- Industrial policy
- West Bengal plans to introduce a new policy before Durga Puja, including employment-linked incentives and simplified approvals.
Quotes
Suvendu Adhikari
West Bengal chief minister
“I met with Mukesh Ambani and Anant Ambani the day before yesterday in Mumbai. They assured me they will invest here in four to five sectors. They are sending a big team next week. Ambaniji and his full team will come here, and they will start multiple projects here.”
telegraphindia.com
“The group of ministers is working hard. They have already placed a draft industrial policy with the chief secretary. Before Puja, we will introduce the new industrial policy of the West Bengal government.”
telegraphindia.com
Sources
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