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The West Bengal government rolled out the red carpet for industry leaders at the eighth edition of the Bengal Global Business Summit, with major corporates unveiling ambitious investment plans for the state. Reliance Industries Chairman Mukesh Ambani announced on Wednesday that the group will invest an additional ?50,000 crore in Bengal by 2030. Addressing the summit, Ambani said the investments will span digital infrastructure, data centers, retail expansion, and solar energy. “In 2016, Reliance’s investments in Bengal were below ?2,000 crore. Today, they stand at ?50,000 crore—20 times higher in less than a decade. By the end of this decade, we will double it,” Ambani stated. He highlighted that Reliance’s investments have already created over one lakh direct jobs in the state. Reliance Jio, which launched its commercial operations in Kolkata in 2016, now covers 100% of Bengal’s population. “Kolkata continues to hold the record for the highest data usage in India on Jio’s network,” he noted. Ambani also announced that Reliance’s AI-ready data center in Kolkata will be operational within nine months, and its retail footprint in Bengal will expand to 1,700 stores within three years. Meanwhile, JSW Group Chairman Sajjan Jindal revealed plans to invest ?16,000 crore in a 1,600 MW power plant at Salboni. “If the state requires additional power, we are ready to double the capacity to 3,200 MW with an additional ?16,000 crore investment,” Jindal said. He also praised West Bengal’s evolving policies, calling it a competitive investment destination. Other major announcements at the summit included ITC’s ?7,500 crore investment in Bengal across manufacturing, agriculture, and IT. ITC Chairman Sanjiv Puri inaugurated the ITC Infotech Global AI Centre of Excellence in Kolkata, emphasizing the city’s role in global AI innovation. RP-Sanjiv Goenka Group Chairman Sanjiv Goenka said his company has already invested ?40,000 crore in Bengal, with an additional ?10,000 crore planned in energy, healthcare, and education. Additionally, Kolkata-based Ambuja Neotia Group unveiled a ?15,000 crore investment roadmap for the next five years, including Bengal’s first international-standard golf township with an 18-hole course at a cost of ?5,000 crore. With these major commitments, the Bengal Global Business Summit has reaffirmed the state’s position as a rising industrial and economic hub. |