Reliance Plans Rs. 10,000 Crore Investments In Bengal


Kolkata: Business leaders and top diplomats have arrived in Kolkata for the fifth edition of the Bengal Global Business Summit, where Chief Minister Mamata Banerjee will be playing host, just 48 hours after a stormy face-off with the BJP at the centre.

At the two-day summit, focus is likely to be on the mood of the investors. Among those attending the summit are Reliance Industries’ Chairman Mukesh Ambani, Niranjan Hiranandani of the Hiranandani group and Rajan Bharti Mittal of the Bharti group.

Seeking investments across sectors, Ms Banerjee will be meeting with foreign diplomats as well as prominent industrialists. The South Asia head of Coca Cola is among the several business leaders expected to be at the convention centre at Kolkata’s New Town.

Reliance Industries has said it had firmed up Rs. 10,000 crore investments in West Bengal which is under implementation. “Today, our investments stand at Rs. 28,000 crore in West Bengal alone, and we have firmed up our plan for further investment of over Rs. 10,000,” CMD of Reliance Industries Mukesh D Ambani was quoted as saying by news agency PTI.