Kolkata is hosting the 7th Bengal Global Business Summit. wherein Mukesh Ambani, the chairman of Reliance Industries, declared a Rs 20,000 crore investment in West Bengal. Within the following three years, this investment will be made.
Global business leaders have convened for this summit. Mamata Banerjee, the chief minister of West Bengal, attended this meeting as well. During this event, Reliance made a significant announcement regarding its investment in Bengal.
“Reliance will leave no stone unturned in the development of Bengal,” said Mukesh Ambani. About Rs 45,000 crore has been invested by Reliance in Bengal thus far. Over the course of the following three years, we want to invest an additional Rs twenty thousand crore.
The telecom, retail, and bioenergy sectors will all benefit from this Rs 20,000 crore investment. Ambani declared that 5G will be implemented throughout the state, with a focus on connecting rural Bengal. In the next two years, Reliance Retail intends to open almost 200 new stores in West Bengal. In Bengal, there are currently about 1000 Reliance outlets operating; that number will rise to 1200. In the next three years, Reliance, the biggest producer of bioenergy in India, plans to establish 100 compressed biogas plants.