Friday, Jan 28 2022 | Time 21:53 Hrs(IST)
Business Economy

Bengal to host Global Business Summit on April 20-21, 2022

New Delhi, Nov 21 (UNI) The government of West Bengal is all set to host the Bengal Global Business Summit (BGBS) in April next year, after a gap of two years, owing to the Covid-19 pandemic.
According to a statement issued by the West Bengal during the India International trade Fair (IITF) on Sunday, the state government will showcases its business readiness and investment potential before the global business community during the event, which will be held on April 20-21.
The emerging industries in West Bengal, including green energy solutions, electric vehicles, inland waterways transportation and warehousing and logistics facilities, look forward to the summit with great hopes of forging deals with the best in business and securing high-end investments.
The state government has been providing various facilities for entrepreneurs, including green energy solutions space, establishing an eco-system for electric vehicle manufacturing, assuring purchase commitment for cycle manufacturing units, developing inland waterways transportation and related infrastructure, developing new port and port-led ancillary industries, developing warehousing and logistics facilities, technology-driven digital information systems and data centres.
In addition, the state has provided a positive industrial ecosystem for further development of sectors such as textiles, gems and jewellery, foundry and forging, iron and steel, mining, plastics and petrochemicals, agribusiness, tourism, health and wellness sectors, services industries with incentives for manufacturing units under micro, small and medium enterprises and private industrial parks, added the statement.
It said West Bengal's Gross State Domestic Product (GSDP) was Rs.14.44 lakh crore in 2020-21. The state has the third largest number of employment in the MSME sector in the country. It has Ready-to-Invest Industrial Infrastructure with more than 200 Industrial Parks and Estates spread over an area of around 10,000 acres, along with Scheme of private industrial parks called SAIP (Scheme for Approved Industrial Park).
West Bengal is home to top companies from a wide range of sectors, including iron and steel, tea, leather, jute, FMCG, metals and minerals, cement, textiles and apparels, logistics, chemicals, rubber, gems and jewellery, pharma, plastics, and petroleum, the statement added.
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