Sanjiv Goenka to invest Rs 10,000 crore, Bharti Rs 4,000 crore

Kolkata: The third edition of the two-day Bengal Global Business Summit kicked off on Friday, with Bengal receiving investment pledges worth thousands of crores from industry biggies like the Future Group, Bharti group, R.P. Sanjiv Goenka Group and Hero Group.

“I am committing an investment of Rs 10,000 crore in the FMCG sector in the state over the next few years,” R.P. Sanjiv Goenka Group chairman Sanjiv Goenka said at the inauguration of the summit. He batted for West Bengal being an investor friendly state and said, “There is transparency in deals. There is no hitch, no delay... West Bengal means business.”

Bharti Enterprises vice-chairman Rakesh Bharti Mittal announced its plans of partnering with Bengal in the days to come. “The Bharti Group will invest about Rs 3,000-4,000 crore in the state in the next two to three years,” he said, adding that his group has already invested Rs 30,000 crore in the state so far.

Kishore Biyani’s Future Group announced its plans of marketing  “Biswa Bangla” products through its departmental store “Central”.

He further promised  that his group would be putting up a 2 lakh sq ft apparel manufacturing hub in the state. “Bengal is not ‘janmabhoomi’, but ‘karmabhoomi’ for us. It is here we started our business. We have here a very sensitive government that has allowed us to do business much better than other places in India. Whenever we launch new business, we start from West Bengal,” Mr Biyani said.