Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Mamata invites British businesses to invest in Bengal

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Mamata invites British businesses to invest in Bengal
PTI News
Dated:- 25-3-2025
PTI
Kolkata/London, Mar 25 (PTI) West Bengal Chief Minister Mamata Banerjee on Tuesday invited British businesses to invest in the state in areas such as automation, engineering and artificial intelligence. Reminiscing the United Kingdom's centuries-old relationship with India and in particular Bengal, sh .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e said that Calcutta, the erstwhile name of Kolkata, was the capital of British India till 1911 and that the city still bears testimony to the splendid architecture of the era in its heritage buildings and structures. Speaking at an interactive session on 'Opportunities in West Bengal' in London, the video of which was shared on the chief minister's Facebook page, Banerjee said that the British i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndustries can help the state in green technologies, smart infrastructure and clean energy sectors. "We welcome further partnership in areas such as automation, engineering and green manufacturing, artificial intelligence, etc.," she said. "Let us create win-win outcome together," the chief minister said, urging British businesses to set up shop in West Bengal. "We share a deep-rooted historical .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , cultural and economic background that date back centuries," she said. Banerjee said that several British companies have invested in West Bengal in recent times. "We offer a business-friendly government... some of our key policies include industrial and economic corridor, logistics, export promotion, new energy manufacturing, data centre, cable landing, etc," she said. Pointing to women empowe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rment in the state, Banerjee said that the number of women entrepreneurs in West Bengal is high and that 39 per cent of her party Trinamool Congress's elected members in Parliament are women. Maintaining that sustainable development can bring about inclusive growth, she said, "That is why Bengal is going ahead." Banerjee urged airlines in the UK to introduce a direct flight between Kolkata and L .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ondon, mentioning that British Airways used to have a direct flight between the two cities. Maintaining that it takes 18 hours to reach London from Kolkata, the chief minister said that it would take only eight hours for a direct flight. She said that everyone, from the student community to businessmen and professionals, is keen on direct connectivity. "We will give you a fabulous reception," s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he said to the airlines if they introduce direct flights between Kolkata and London. The chief minister maintained that the financial health of the state is good. "West Bengal's GSDP grew by 6.80 per cent in the 2024-25 fiscal, whereas India's GDP grew by 6.37 per cent," she said. Claiming that 57.60 per cent of people in West Bengal were below the poverty line in 2011, when the TMC came to pow .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er, the chief minister said, "Now, it has come down to only 8.60 per cent." She said that in the Bengal Global Business summits held over the years by her government, the state has received investment proposals of over Rs 19 lakh crore. "Out of that, Rs 13 lakh crore investment proposals have already been implemented and the rest is in the process," she said. Banerjee maintained that in additio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n, this year's BGBS attracted investment proposals of over Rs 4 lakh crore. Maintaining that in West Bengal, people from all states live in harmony, she said, "Unity in diversity is our USP." PTI AMR ACD
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates