Bengal Set to Attract Rs 49,000 Crore Investment Across Key Sectors

Bengal is all set for a major investment push as member firms of the Merchants' Chamber of Commerce & Industry (MCCI) plan to invest a staggering Rs 49,000 crore across industries including steel, power, engineering, animal feed, and stationery.

Announcing the investments at the MCCI Annual General Meeting, Amit Saraogi, MCCI President, highlighted contributions from leading firms such as Rashmi Group (Rs 14,586 crore), Shakambhari Ispat (Rs 10,000 crore), Super Smelter (Rs 8,000 crore), Shyam Steel (Rs 6,000 crore), Girdhan Metal (Rs 6,000 crore), Anmol Feeds (Rs 500 crore), and Lumino Industries (Rs 225 crore).

Amit Mitra, Principal Chief Advisor to the Chief Minister, noted that the state government has allocated 3,079 acres for five large steel units, expected to attract Rs 27,000 crore. He also mentioned that 30 large cement plants are currently operational, JSW is investing in a 16,000 MW power plant, and 11 new data centres are coming up in New Town.

ITC Chairman Sanjiv Puri emphasized four key pillars for business growth: innovation and R&D, supply-chain resilience, sustainability, and skill development. He also highlighted Bengal’s emergence as a strong information technology hub, underlining the state’s growing appeal for investors and businesses alike.

With these strategic investments, Bengal is poised to strengthen its position as a major industrial and technological destination, creating new opportunities across sectors and driving economic growth in the state.

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