West Bengal receives over ₹90.51 lakh crore investment proposals, with projects worth ₹12 lakh crore already underway

BL Kolkata Bureau Updated - February 05, 2025 at 09:57 PM.

Banerjee announced the commencement of her pet project — the mining of basalt on 326 acre of land at the proposed Deucha-Pachami coal mine in Birbhum district

West Bengal Chief Minister Mamata Banerjee addresses during the Bengal Global Business Summit, in Kolkata, Wednesday | Photo Credit: Swapan Mahapatra
Advertisement
Advertisement

The West Bengal government has received over ₹90.51 lakh crore worth of investment proposals in the last seven editions of the Bengal Global Business Summit, and out of that projects worth over ₹12 lakh crore have already taken off, Chief Minister Mamata Banerjee said, on Tuesday.

“In the last seven editions, over ₹90,51,000 crore investment proposals have been received. Today morning somebody also questioned. For them I want to say that I don’t need a clarification from you people who want to do politics. But, I need the clarification for the common people. I am happy to inform you that projects worth over ₹12 lakh crore have already taken off. And, the remaining are in various stages of implementation,” Banerjee said on the first day of the eighth edition of the Bengal Global Business Summit.

“Bengal holds immense potential for further investment because Bengal is one of the largest economies of the country. Around 5000 acres of land is available in our State for setting up industries,” she said.

At the event, Banerjee announced the commencement of her pet project — the mining of basalt on 326 acre of land at the proposed Deucha-Pachami coal mine in Birbhum district.

“Deucha-Pachami has reserve of 1,240 million tonnes of coal and 2,600 million tonnes of basalt,” she added. It is Asia’s second largest coal mine.

Published on February 5, 2025 15:56

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.