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This story is from May 31, 2006
Reliance charts Rs 3,000-cr plan for Bengal
Brand Buddha is on a roll. Having won a spectacular electoral victory, industry top guns are lining up with investment proposals.
KOLKATA: Brand Buddha is on a roll. Having won a spectacular electoral victory, industry top guns are lining up with investment proposals. After Tatas came calling with their Rs 1 lakh car proposal, Videocon followed.
Then came the Jindals. And now, it's the turn of yet another giant - Reliance Industries (RIL). Mukesh Ambani-led RIL proposes to set up a retail agro-products chain in the state with facilities in every district.
Talking to TOI, an upbeat Buddhadeb Bhattacharjee disclosed that Mukesh Ambani would call on him next month to finalise the Rs 3,000-crore project.
Bhattacharjee hinted that the talks would also relate to the group's other plans in West Bengal. Once the chain gets off the ground, it would employ about 40,000 young men and women. This, he added, would benefit the rural economy.
The chief minister made it clear that he'd now go all out to rope in investors - both Indian and multinationals. He confirmed that he had received an invite to visit US just before the end of the Assembly polls to address an gathering of 450 people, including top industrialists and academics.
"Politically, there's no problem in my going to US and I am ready to go there to woo investors. But I'd decide on the dates only after my groundwork is ready and I establish enough contacts with American investors keen on investing here."
Bhattacharjee said he had asked chief secretary Amit Kiran Deb and industry secretary Sabyasachi Sen - who're scheduled to visit US for interactions with country's petrochemical majors early next month - to complete the ground work for US investments in Bengal.
The state, he added, was looking for US investments in petrochemicals, IT and infrastructure, also in building townships. Deb and Sen would be part of an Indian delegation from four states where US majors are keen to set up chemical hubs. West Bengal, he said, tops the list and experts from Indian Oil will accompany the Bengal officials this time.
The CM said he was in touch with Chinese embassy and CII's Sanghai office to draw up a list of firms eyeing business prospects in Bengal. "Besides, I have told Prakash Karat to use his contacts in the Chinese Communist Party to send the message that Bengal is the place to put in funds."
Then came the Jindals. And now, it's the turn of yet another giant - Reliance Industries (RIL). Mukesh Ambani-led RIL proposes to set up a retail agro-products chain in the state with facilities in every district.
Talking to TOI, an upbeat Buddhadeb Bhattacharjee disclosed that Mukesh Ambani would call on him next month to finalise the Rs 3,000-crore project.
Bhattacharjee hinted that the talks would also relate to the group's other plans in West Bengal. Once the chain gets off the ground, it would employ about 40,000 young men and women. This, he added, would benefit the rural economy.
The group would directly procure agricultural produce from farmers and set up logistics hubs at various places. City-based industrialist Harsh Neotia will be Reliance's business partner in this venture.
The chief minister made it clear that he'd now go all out to rope in investors - both Indian and multinationals. He confirmed that he had received an invite to visit US just before the end of the Assembly polls to address an gathering of 450 people, including top industrialists and academics.
"Politically, there's no problem in my going to US and I am ready to go there to woo investors. But I'd decide on the dates only after my groundwork is ready and I establish enough contacts with American investors keen on investing here."
Bhattacharjee said he had asked chief secretary Amit Kiran Deb and industry secretary Sabyasachi Sen - who're scheduled to visit US for interactions with country's petrochemical majors early next month - to complete the ground work for US investments in Bengal.
The state, he added, was looking for US investments in petrochemicals, IT and infrastructure, also in building townships. Deb and Sen would be part of an Indian delegation from four states where US majors are keen to set up chemical hubs. West Bengal, he said, tops the list and experts from Indian Oil will accompany the Bengal officials this time.
The CM said he was in touch with Chinese embassy and CII's Sanghai office to draw up a list of firms eyeing business prospects in Bengal. "Besides, I have told Prakash Karat to use his contacts in the Chinese Communist Party to send the message that Bengal is the place to put in funds."
End of Article
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