Many companies like Reliance and JSW will invest Rs 1 lakh crore in West Bengal, lakhs of jobs will be created
Companies like Reliance Industries, ITC and JSW on Wednesday announced investments worth about Rs 1 lakh crore in West Bengal. All these announcements were made on the first day of the ‘Bengal Global Business Summit’ (BGBS) 2025. Through this conference, the state government is trying to attract investments in various sectors and strengthen the economic condition of the state. Addressing the first session of the eighth edition of the conference, Reliance Industries Chairman Mukesh Ambani said that his company would invest Rs 50,000 crore in the state by the end of this decade.
Reliance investment increased 20 times
Ambani said, “In less than a decade, our investment in Bengal has increased 20 times and we have invested more than Rs 50,000 crore. We will double this investment by the end of this decade. Our investment will be spread across many sectors including digital services, green energy and retail.” He said that Reliance’s investments made so far in Bengal have created more than one lakh direct jobs.
These announcements were also made
Several other important announcements were also made at the summit, including the unveiling of a global centre of excellence of ITC Limited for AI in the New Town area of Kolkata. The Chief Minister inaugurated the centre online. JSW Group Chairman Sajjan Jindal also announced an investment of Rs 16,000 crore to develop a 1,600 MW power project at Salboni in Bengal.
200 delegates from 40 countries participated
At the same time, the RP-Sanjiv Goenka Group has announced a total investment of Rs 10,000 crore in various segments over the next few years. More than 200 delegates from 40 countries attended the summit. These included prominent industrialists like Mukesh Ambani, Sajjan Jindal, Sanjeev Puri, Sanjeev Goenka and Harshvardhan Neotia, as well as celebrities like legendary cricketer Sourav Ganguly. Jharkhand Chief Minister Hemant Soren was also present at the inaugural session of the conference. Bhutan’s Agriculture Minister Uten Phuntsho was also present at the event.
