1 week ago
West Bengal Seeks Investment Through Defence, Shipbuilding Expansion Projects
Suvendu Adhikari said West Bengal should attract more investment.
He spoke during an online ceremony on Sunday.
The ceremony marked the start of five expansion projects.
Garden Reach Shipbuilders & Engineers and Yantra India Limited are involved.
The projects are worth about Rs 3,500 crore.
They will take place in Kolkata, Howrah, Raichak and Ishapore.
The projects are meant to improve shipbuilding, ship repair and defence manufacturing.
Defence Minister Rajnath Singh attended the ceremony.
Suvendu Adhikari said West Bengal should become a prime destination for investment.
He highlighted increased cooperation between the state government and the Centre.
Around Rs 3,500 crore in expansion projects were welcomed in defence manufacturing and shipbuilding.
The projects involve five expansions by Garden Reach Shipbuilders & Engineers and Yantra India Limited.
Facilities in Kolkata, Howrah, Raichak and Ishapore will support shipbuilding, ship repair, metallurgy and defence production.
- Who
- West Bengal Chief Minister Suvendu Adhikari, Defence Minister Rajnath Singh, Garden Reach Shipbuilders & Engineers and Yantra India Limited.
- What
- Five expansion projects worth around Rs 3,500 crore were launched through a virtual Bhumi Pujan ceremony.
- Where
- Facilities in Kolkata, Howrah and Raichak, and Yantra India Limited’s Metal and Steel Factory in Ishapore, West Bengal.
- When
- Sunday; the article does not provide an exact date.
- Why
- To strengthen India’s shipbuilding, ship repair, metallurgical and defence production capabilities and promote investment in West Bengal.
Key facts
- Estimated investment
- Around Rs 3,500 crore
- Number of projects
- Five expansion projects
- Organisations involved
- Garden Reach Shipbuilders & Engineers and Yantra India Limited
- Sectors
- Defence manufacturing, shipbuilding, ship repair and metallurgy
- Locations
- Kolkata, Howrah, Raichak and Ishapore
- Ceremony
- Virtual Bhumi Pujan ceremony
- Key statement
- Suvendu Adhikari said Bengal must become a prime destination for investment.
Quotes
Suvendu Adhikari
West Bengal Chief Minister
“West Bengal possesses immense potential-land, human resources, infrastructure, raw materials and everything else. But now, the 'double-engine' government is operating at full speed. Previously, this 'double-engine' was missing in Bengal...Both before and after independence, West Bengal played a pivotal role in the nation's investment and economy”
m.rediff.com
“Bengal must now become a prime destination for investment”
m.rediff.com
Sources
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