President of India to Open Bengal Global Business Summit

Mamata Banerjee
Mamata Banerjee

The President of India Pranab Mukherjee will inaugurate the two-day Bengal Global Business Summit (BGBS) on January 20, 2017, the state Finance Minister Dr. Amit Mitra confirmed.

He said business delegations from Japan, Germany, United States of America, Canada, Italy and China would take part in the two-day meeting. It will be held at the Milan Mela ground.

In line with Bengal Chief Minister Mamata Banerjee’s efforts, the Summit aims to attract investments in the state.

According to a government communique, the land bank and township policy announced by the state government has attracted companies that have shown interest to invest in the housing sector and set up townships.

The state government has earmarked the area of the township which the promoters will have to buy through e-auction. The state government will set up infrastructure up to the boundary wall of the township.

Digital Marketing
Digital Marketing

Meanwhile, a big logistics hub is coming up at Baidyabati off Dankuni. A memorandum of understanding was signed between the state transport department and Calcutta Goods Transport Association to set up the logistic hub before 2016 BGBS.

Mamata Banerjee’s discussion with German and Italian members of the chambers of commerce of both the countries is likely to have its impact on BGBS where representatives of both the countries are likely to be present.

A delegation from Bengal led by Finance minister Amit Mitra had visited BMW factory in Germany and some top bosses of the German car giant may attend BGBS. A Chinese delegation will also attend the BGBS.

Talks are on with a cycle manufacturing company to set up its unit in Bengal. According to the official statement, Bengal had opened the country’s first joint venture cycle manufacturing factory Sen Raleigh in Asansol.

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Rakesh Raman