Govt claims four new investments
- Elections 2014 LIVE: In Rae Bareli, Priyanka Gandhi says her husband Robert Vadra is being maligned
- Would prefer to go to Pakistan than stop criticising Narendra Modi: Omar Abdullah
- IPL spot fixing: Do you want to probe charges against Srinivasan? SC asks Justice Mudgal panel
- Centre calls off trip over China no to Arunachal youth
- Hate speeches: Modi says petty statements by 'BJP well wishers deviating poll campaign'
With the Trinamool Congress government facing criticism from the business community on the 'worsening' investment climate in the state in the wake of the exit of ABG-LDA led Haldia Bulk Terminal from Haldia port due to labour unrest, Commerce and Industry Minister Partha Chatterjee on Friday said that four industrialists have agreed to invest in Bengal.
Chatterjee told mediapersons that ITC Group will expand its business in the state as "the long-standing land dispute in Panchla and Uluberia has been resolved. "It is willing to invest several crores of rupees by setting a factory there. The project will generate a lot of employment opportunities," Chatterjee said.
He accused a section of media and opposition parties for running a malicious campaign about the "bad" investment climate in the state.
"The state's image has not been maligned despite a concocted campaign run by the Opposition and a section of the media," Chatterjee said
The other three companies that have agreed to invest in the state, according to the minister, are Badrinarayan and Steel Company, Mohan Board and Balmer Lawrie & Co Limited.
"Badrinarayan and Steel Company has expressed wishes to set up TMT bar unit at Kulgachia in Uluberia. This will be the second unit of the company in West Bengal. The approximate investment in this plant will be around Rs 500 crore and the project will generate 3,000 employment opportunities."
Mohan Board has shown interest in setting up of a corrugated board unit at Bagnan in Howrah and Balmer Lawrie & Co Limited has agreed to set up an industrial hub in Hooghly, he added.
- Five months after gruesome ATM attack, accused still at large
- Ex-syndicate member of Bangalore University held in marks-for-cash scam
- Accused get bail as police fail to file chargesheet
- ‘Naxals collected info on trucks carrying explosives from Khadki to Ahmednagar’
- A tale of two villages: Ramayan and Mahabharat
- UP CM tears into Modi bastion on first visit to Gujarat, says Third Front ready