1 week ago

Rajnath Singh Says Bengal Could Lead India’s Industrial Renaissance

Rajnath Singh said West Bengal could again become an important centre of industry in India.

He spoke at a ceremony in Kolkata for five new expansion projects.

Three projects are connected to Garden Reach Shipbuilders & Engineers.

Two more facilities belong to Yantra India Limited in Ishapore.

The two Ishapore facilities together will cost more than Rs 750 crore.

The total investment for all five projects is described as Rs 3,400 crore.

The projects are meant to help India make more defence equipment inside the country.

Singh also said they could support smaller businesses and create jobs in Bengal.

Key facts

Projects: Five brownfield expansion projects received foundation-laying ceremonies.
GRSE projects: Three projects will expand Garden Reach Shipbuilders & Engineers’ manufacturing capacity and infrastructure.
Yantra India investment: Two facilities at Ishapore’s Metal and Steel Factory will receive a combined investment of more than Rs 750 crore.
Total investment: The announced investment across the five projects was Rs 3,400 crore.
Expected benefits: The projects are expected to support MSMEs and allied industries, create jobs and contribute to Bengal’s socio-economic progress.
Policy goals: The projects were presented as supporting Aatmanirbhar Bharat and the Make in India vision.
Land allocation: Singh said the state government had made 1,100 acres available for border security.

thestatesman.com · 1 week ago