Bankura receives Rs 600 cr investment proposal

The Bankura district administration has received investment proposals worth Rs 600 crore at the recently-concluded industry conclave called Synergy.

The business proposals were deposited in a drop box which the administration will later verify.

Around 305 investment proposals came from Micro, Small and Medium Enterprises (MSMEs) and other proposals were from large industries.

"The responses from industrialists are quite impressive and we are looking forward to their implementations," said Moumita Godara Basu, District Magistrate (DM) of Bankura.

"This is for the first time that the Bankura district administration has received such huge investment proposals from industrialists. The administration would provide them with every possible help," the district magistrate maintained.

"Bankura has a vast scope in micro, small and medium enterprises. Bakery, rice mills, agricultural tools, roofing tiles, crushed stones, poultry fodder, agro servicing units, manufacturing cups and plates from sal leaves, automobile painting and many other MSMEs are successfully running their trade in the district," said a district administration source.

The service industries have equally good possibilities in Bankura, claimed the district administration. "The service industries in our district are really flourishing. Screen printing, offset printing, automobile repairing and servicing, building body of buses, manufacturing domestic electrical appliances are some examples of service industries in Bankura," the source added.

The district administration has already published a booklet on the availability of lands. Land-related information will be uploaded on the website of the district administration. "Land will not be a problem for the investors," the source said.

The invited businessmen in the industry conclave said that more training programmes are required for the backward classes with special emphasis on skill development.

"There are some credit-related issues for the MSME sector, which should be properly addressed and support from the banking institutions is necessary," said an invited businessman.