Kolkata Will Be Top Financial Hub: Amit Mitra


New Delhi, Kolkata: Within a few years, Kolkata will become one of the biggest financial hubs in India, according to Bengal Finance and Commerce & Industries Minister, Dr Amit Mitra.

While talking to reporters at an international trade fair in New Delhi, he said that 27 banks are taking land in Bengal to create a financial hub. The State Bank of India is constructing its largest training centre on 11 acres, adjacent to the hub. Not only that, HSBC back office is in Kolkata.

Bengal’s core competence of human capital is gradually becoming known to industry in India, resulting in more and more major investments coming to the state. Dr Mitra said that the industrialists now feel that Bengal is the state to invest in.

He said that the financial cluster that is coming up in Kolkata for various activities like banking, insurance, mutual funds, spread over more than 100 acres, is a unique example of how Bengal is progressing.

He also said that 81 lakh people in the state have been provided jobs since the Trinamool Congress came to power in 2011.

As far as the ease of doing business is concerned, Bengal has climbed up remarkably from 15th to 3rd, and is on its way to the top, stated the minister.