Kolkata: West Bengal received investment proposals worth over Rs 4.40 lakh crore during the two-day business conclave this year and remains a “prime destination” for investors.
Addressing the concluding session of the Bengal Global Business Summit (BGBS), West Bengal Chief Minister Mamata Banerjee said that a total of 212 memoranda of understanding and letters of intent were signed across various sectors, underlining the state’s potential as an investment destination.
“We have received investment proposals amounting to Rs 4, 40,595 lakh crore during the two-day event. This will create thousands of job opportunities in West Bengal,” she said and added that the overwhelming response” to BGBS 2025 is a testament to Bengal’s “growing economic potential.
The chief minister highlighted her government’s development efforts since 2011, stating that these initiatives have helped 1.72 crore people rise above the poverty line in the state.
In the 2023 edition of BGBS, Banerjee had said that West Bengal received investment proposals worth over Rs 3.76 lakh crore. A key highlight of this year’s summit was the investment commitment from Reliance Industries, with its Chairman Mukesh Ambani pledging to invest Rs 50,000 crore in the state by the end of the decade.
