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Bengal Business Global Summit: Industrialists announce investment plans
Power Generation - Feb 07,2025 -The 8th edition of the Bengal Business Global Summit (BGBS) kicked off on a strong footing in Kolkata with industrialists such as Mukesh Ambani, Sajjan Jindal, Sanjiv Goenka, and Harsh Neotia announcing investment plans.
West Bengal Chief Minister Mamata Banerjee welcomed investors to the “smartest” and “safest” state with promises galore. The investors, on their part, did not disappoint.
Reliance Industries Chairman and Managing Director Mukesh Ambani said when he first attended the summit in 2016, his company’s investment stood below Rs 2,000 crore.
“In less than a decade, our investment in Bengal has increased 20 times, and we have invested over Rs 50,000 crore,” adding this would double by the end of this decade.
The investment would be primarily across Jio, retail, and new energy.
The data centre in Kolkata has been modified to one that is state-of-the-art AI-ready and would be ready in nine months.
Reliance Retail operates over 1,300 stores in West Bengal, spanning over 8 million square feet across more than 400 cities.
Jio
Reliance Retail
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