Mitra holds video conference with Indo-American Business Council

In a bid to attract more investment in Bengal, the state commerce and industries minister Amit Mitra held a video conference with representatives of Indo-American Business Council from Nabanna on Tuesday afternoon.

Sources said that Mitra requested the members of the council to be present in the Bengal Global Business Summit scheduled to be held on January 20 and 21, 2017. This comes on the day 

when the JW Marriot opened its first hotel in Eastern India in Kolkata.

It is learnt that around 30 to 35 members of the council from US attended the video conference. Mitra highlighted the opportunities in the state that could be explored by the investors.

He has also explained how the Mamata Banerjee government had been working for the past five years to ensure an overall development of Bengal and how after coming to power for the second term, more emphasis has been given on setting up of industries.

Moreover, there is no land issue in the state any more as the state government has prepared a land bank and investors can apply for a selected plot from land bank to set up their industries.

The Bengal Global Business Summit had started two years ago and representatives from different countries had participated in the Summit. It had helped the state in attracting foreign investment.

It may be mentioned that investors are planning to make investments in Bengal considering it to be the gateway to North eastern states and at the same time, one can also serve the market in the Asian countries.

Thus, setting up of a manufacturing unit of any company in Bengal would be beneficial as the produce could be easily transported to the targeted market at a bare minimum transportation cost.

The summit in 2017 will be inaugurated by the President Pranab Mukherjee and representatives of more countries compared to that of the previous years will be attending the Summit this time where policy makers, senior officials of corporate and traders from different parts of the country and abroad will be having discussions during business-to-business interactions.