CM Mamata Banerjee Inaugurates 4th Bengal Global Business Summit (BGBS)


Kolkata: All eyes are on the two-day-long 4th edition of Bengal Global Business Summit (BGBS) which is inaugurated at the Biswa Bangla Convention Centre, New Town, here.

The Mamata Banerjee government is holding fourth edition of the showpiece in Kolkata. CM Banerjee is expecting Bengal Global Business Summit’ (BGBS) will fetch substantial amount of investment.

Notably, in the third edition of the event in 2017, the Trinamool Congress government had garnered investment commitment worth Rs 2.35 lakh crore.

It has been learnt that West Bengal currently tops the list of the Department of Industrial Policy and Promotion’s Business Reforms Action Plan (BRAP) 2017, comprising all states and Union Territories.

Reliance Industries’ chairman Mukesh Ambani, Steel maker ArcelorMittal chairman and CEO Lakshmi Mittal, JSW Group’s Chief Sajjan Jindal, FMCG major ITC’s CEO Sanjiv Puri, RP Sanjiv Goenka Group’s chairman Sanjiv Goenka among others are expected to attend this year’s summit.

Already eight countries are partners for the event. High-level delegates from France, Germany, Poland, Italy, Japan, China, South Korea, Czech Republic and the UK are among the overseas nations to be represented at the mega business gathering. Consul General of China in Kolkata, Ma Zhanwu had recently confirmed that 30 Chinese companies would participate in the business meet.

A high-level Polish delegation headed by Deputy Minister of Foreign Affairs, Marek Magierowski, responsible for the relations with Asia and economic cooperation, will participate in the event. Representatives of province Silesia, and West Bengal will sign a Memorandum of Understanding on bilateral cooperation.

In the website of Bengal Global Summit, it is mentioned that the 4th largest state economy in India, growing at 15.64% GVA, West Bengal is leading the charge along the growth curve of India. The State is a perfect blend of economic strength and dynamism, with a strong consumer base, vibrant industry, large talent pool, industry friendly stable policies, transparent governance and record social and physical infrastructure development. The State Govt. is committed towards inclusive and sustainable development, providing increasing employment opportunities.