The West Bengal government is gearing up to introduce a range of policy measures designed to attract investments and promote economic growth in the state. According to Amit Mitra, the principal chief advisor to Chief Minister Mamata Banerjee, these policies will be unveiled at the upcoming Bengal Global Business Summit in November.
During a press briefing, Mitra highlighted the government’s efforts to create an investment-friendly environment. He emphasized that several policies are in the works, with some already approved by the cabinet. The aim of these policies is to encourage businesses to invest in various sectors, thus boosting economic activity and creating new opportunities.
Mitra explained that the government’s approach involves stimulating consumption, which subsequently generates demand for investments. By creating an environment that supports business growth and innovation, West Bengal aims to attract both domestic and international investors.
The Bengal Global Business Summit is scheduled to take place from November 21 in Kolkata. This two-day event aims to bring together a diverse range of stakeholders, including business leaders, academia, and think-tanks from around the world. The summit serves as a platform for forging strategic alliances and business partnerships that can contribute to the economic development of West Bengal.
To further promote the upcoming summit and showcase the potential of West Bengal as an investment destination, the state government and the Confederation of Indian Industry (CII) organized a roadshow with business stakeholders in the capital. During the roadshow, leaders from various sectors, including manufacturing, healthcare, food processing, education, startups, hospitality, and logistics, shared their positive experiences of working in West Bengal and highlighted the state’s industry potential.
The West Bengal government’s proactive approach to investment promotion and economic development underscores its commitment to fostering growth and prosperity in the state. The policy measures to be announced at the Bengal Global Business Summit are expected to play a pivotal role in attracting investments and driving sustainable economic progress.