Categories: Business and Economy National

Mukesh Ambani and Sajjan Jindal Announce ₹80,000 Crore Investment in Bengal at Global Business Summit

KKN Gurugram  Desk |  At the Bengal Global Business Summit 2025, two of India’s biggest industrialists, Mukesh Ambani and Sajjan Jindal, committed to investing over ₹80,000 crore in West Bengal over the next four to five years. The Reliance Group has pledged ₹50,000 crore, focusing on digital infrastructure, AI-driven technology, and retail expansion. Meanwhile, JSW Group announced an investment of ₹32,000 crore, with plans to establish power plants and an industrial park in the state.

This massive investment drive signals a new era of industrial and economic growth in Bengal, positioning the state as a key business and investment hub in India.

Reliance Group’s ₹50,000 Crore Investment Plan

Mukesh Ambani, Chairman of Reliance Industries, described Bengal as a land of opportunities and praised Chief Minister Mamata Banerjee for her visionary leadership. He emphasized that Bengal is not only a cultural and intellectual hub but is now also emerging as a business powerhouse.

Key Highlights of Reliance’s Investment in Bengal

  1. Digital Expansion with Jio:
    • Jio started its journey from Kolkata and has played a key role in India’s digital transformation.
    • Bengal’s first cable landing station is under development in Digha, enhancing internet connectivity and making the state a global data hub.
    • Reliance’s data center in Kolkata is being upgraded to make it AI-ready.
  2. Retail Sector Growth:
    • Reliance Retail currently operates 1,300 stores in Bengal.
    • Plans to expand to 1,700 stores within the next three years.
  3. Green Energy and Sustainable Growth:
    • Ambani emphasized his vision of transforming Sonar Bangla (Golden Bengal) into Solar Bangla through renewable energy projects.
    • Bengal’s handicrafts and artisanal products will now be marketed through Swadesh stores in London, Paris, and New York, promoting local craftsmanship on a global scale.

Reliance’s Growth in Bengal Over the Years

  • In 2016, Reliance had just ₹2,000 crore investments in Bengal.
  • Over the past decade, this figure has grown 20 times, reaching ₹50,000 crore.
  • Ambani aims to double this investment by the end of the decade.

JSW Group’s ₹32,000 Crore Investment Plan

Sajjan Jindal, Chairman of JSW Group, also committed to a long-term investment in Bengal. He highlighted the seamless business experience in the state and emphasized that West Bengal is a dynamic investment destination.

JSW Group’s Investment in Bengal

  1. Power Sector Growth:
    • Two 800 MW supercritical power plants will be set up in Salboni with an investment of ₹16,000 crore.
    • Plans for another 1,600 MW power plant in the future.
  2. Industrial Park Development:
    • JSW Group will establish an industrial park in Salboni, boosting manufacturing, logistics, and infrastructure.
  3. Andal Airport Development:
    • Jindal expressed interest in developing Andal Airport, which will improve connectivity for businesses and industries.

Additional Investments in Bengal’s Economy

Several other industrial leaders also announced significant investments, reinforcing Bengal’s status as a rising economic hub.

RPSG Group’s ₹10,000 Crore Investment in Energy

  • Sanjiv Goenka, Chairman of RPSG Group, revealed that the company will invest ₹10,000 crore in energy and green energy sectors over the next few years.
  • This investment will drive clean energy solutions, improving power supply and sustainability in Bengal.

Ambuja Neotia Group’s ₹4,200 Crore Investment in Hospitality & Healthcare

  • Harsh Neotia, Chairman of Ambuja Neotia Group, announced major hospitality and healthcare projects.
  • ₹1,500 crore will be invested in five new hospitals in Kolkata, Durgapur, and Siliguri.
  • ₹2,700 crore will be used to develop luxury hotels in Darjeeling, Kalimpong, and other tourist destinations.

Golf Township Project Worth ₹5,000 Crore

  • A golf township project featuring golf course view villas is also in the pipeline, adding to Bengal’s luxury real estate landscape.

ITC Infotech’s AI Hub in Kolkata

  • ITC Chairman Sanjiv Puri announced that ITC Infotech is setting up its global AI hub in Kolkata.
  • Over the past few years, ITC has invested ₹7,500 crore in Bengal, focusing on technology, agriculture, and digital innovation.

Bengal’s Rise as an Investment Hub

The Bengal Global Business Summit 2025 has reinforced the state’s growing economic potential. With major players from digital, retail, energy, and infrastructure sectors investing heavily, Bengal is set to become one of India’s top investment destinations.

Why Are Big Industries Investing in Bengal?

  1. Strategic Location:
    • Bengal offers access to South Asia and Southeast Asia’s markets.
    • The Digha cable landing station will improve global digital connectivity.
  2. Supportive Government Policies:
    • The state government under Mamata Banerjee is actively promoting business-friendly policies.
    • Infrastructure development, ease of doing business, and incentives are attracting big investments.
  3. Skilled Workforce and Industrial Growth:
    • Bengal has a highly skilled workforce, especially in technology, manufacturing, and finance.
    • New industrial parks and AI hubs will create thousands of job opportunities.
  4. Tourism and Hospitality Boom:
    • With ₹4,200 crore investment in hospitality, Bengal is focusing on boosting tourism in hill stations and coastal areas.

The ₹80,000 crore investment announcement at the Bengal Global Business Summit 2025 marks a historic moment for the state. With Reliance, JSW, ITC, and other industry giants committing to large-scale projects, Bengal is on the path to rapid industrial, digital, and economic growth.

Key Takeaways from Bengal Global Business Summit 2025

✅ Reliance to invest ₹50,000 crore in digital expansion, AI infrastructure, and retail growth.
✅ JSW Group to invest ₹32,000 crore in power plants and an industrial park.
✅ RPSG, Ambuja Neotia, and ITC announce significant projects in energy, healthcare, hospitality, and AI.
✅ Bengal to witness rapid economic transformation, boosting employment, infrastructure, and technology sectors.

With these investments, Bengal is set to emerge as a national and global business powerhouse, attracting more industries and creating millions of job opportunities.

Stay tuned for more updates on Bengal’s business and investment landscape!

This post was published on February 6, 2025 11:41

Disclaimer: This content has been generated with the assistance of repetitive algorithms and may contain punctuation errors.

KKN Live is now on WhatsApp, for the best news reports and analysis you can Subscribe our WhatsApp Channel.

Show comments
Published by
KKN Gurugram Desk

Recent Posts

  • Accident
  • National
  • Society

Indian Air Force Mirage-2000 Fighter Jet Crashes in Madhya Pradesh During Training Mission

KKN Gurugram Desk | A twin-seater Mirage-2000 fighter jet of the Indian Air Force (IAF) crashed near Shivpuri district… Read More

February 6, 2025
  • Society

Breast Cancer in India: Challenges in Early Detection and the Need for Better Awareness

KKN Gurugram Desk | Breast cancer remains a significant public health challenge in India, with… Read More

February 6, 2025
  • Society

Lycopene in Tomatoes and Watermelons May Help Reduce Depression Symptoms, Study Finds

KKN Gurugram Desk |  Researchers at Chongqing Medical University, China, have discovered that lycopene, a natural… Read More

February 6, 2025
  • Entertainment

Shah Rukh Khan, Salman Khan, and Aamir Khan Reunite at Junaid Khan’s Film Screening

KKN Gurugram Desk | Bollywood’s biggest superstars, Shah Rukh Khan, Salman Khan, and Aamir Khan,… Read More

February 6, 2025
  • Entertainment

Priyanka Chopra Attends Brother Siddharth Chopra’s Wedding in Mumbai: A Grand Family Affair

KKN Gurugram Desk | Siddharth Chopra, brother of global star Priyanka Chopra, tied the knot… Read More

February 6, 2025
  • National
  • Science-Tech

ByteDance Unveils OmniHuman-1: AI Tool That Creates Lifelike Videos from a Single Photo

KKN Gurugram Desk | ByteDance, the parent company of TikTok, has introduced its latest AI-powered tool,… Read More

February 6, 2025