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Investors pledge big investments at Bengal business meet (Lead)
Kolkata, Jan 16 (IANS) Several corporate houses on Tuesday came forward with big investment proposals for West Bengal and right at the start of “Bengal Global Business Summit” here an estimated Rs 17,000 crore worth of investments were pledged.
The business summit was attended by a host of prominent industrialists, including Lakshmi.N. Mittal of steel giant Arcelor Mittal, Sajjan Jindal of JSW Group, Kishor Biyani of Future group, Uday Kotak, the head of Kotak group and Sanjiv Goenka, chairman of RP-Sanjiv Goenka group.
Czech Republic, France, Germany, Poland, Italy, Japan, China, South Korea, Britain and the UAE are among the 32 overseas nations participated at the mega business gathering.
Reliance Industries Chairman Mukesh Ambani committed Rs 5,000 crore for the state over a few years in the digital ecosystem, retail and petro-retail segment and also said the group would explore with partners to set up an electronics manufacturing facility.
JSW Group’s chief Sajjan Jindal has pledged Rs 10,000 crore over the next 3-4 years and the group, which had inaugurated Rs 800 crore cement plant in West Midnapore district on Monday, has interests in setting up paint and speciality steel making units along with expansion of cement facility and power plant in the state.
RP-Sanjiv Goenka Group’s Chairman Sanjiv Goenka announced a Rs 1,000 crore investment plan for Bengal and Adventz Group also expressed its intent to invest a like amount in the state.
Future Group’s Chief Kishor Biyani also announced the retailer would increase the number stores by 40 per cent of present number in the next year and expand its network in the cities of Bengal.
SpiceJet Chairman Ajay Singh also said the low cost airline would explore possibilities of manufacturing sea planes in the state and announced the carrier will expand its services from the state to Bangladesh and Asean countries.
In an effort to move away from West Bengal’s “investor-wary” image and woo much-needed investments, Chief Minister Mamata Banerjee on Tuesday said its people would dedicate their hearts to Indian and foreign industrialists if they infused capital in the state.
Inaugurating the two-day business summit, she also assured industrialists that there was “no pressure, discrimination or intimidation” in the state and that Bengal had only “love and affection” for them.
“We love India and unity of India. We love tolerance. You must invest in Bengal. The state is attracting businesses from all over the world like never before. There is no pressure, discrimination, intimidation… only love, affection and attraction is here,” she said.
She also assured her government would not spare even her party men if they created problems for investors and industrialists.
“We have to protect them (industrialists and investors) and they are our assets,” she added.
Applauding the West Bengal government’s economic activities and Banerjee’s initiative, Ambani said under her leadership, “Bengal is becoming the best Bengal”.
Sharing his experience globally, steel magnate Mittal said he understands what is required for a business friendly environment and favourable investment climate.
According to him, political stability, infrastructure investments and skill workforce and limited bureaucracy are the some of the important factors.
Banerjee is committed to mitigate “challenges of bureaucracy and corruption” two major challenges of India, Mittal said, adding that the state’s effort on digitally driven governance would eliminate corruption.
“She understands all of these and I conceive the initiatives, she is implementing, are already yielding results and being recognised on the world stage. I feel the Bengal is on a exciting path…..the initiatives combined with didi’s passion will lead to optimistic outlook for the state. I hope I will also be able to contribute in some meaningful way,” he said.
Urging potential investors to invest in the eastern state as the “prime and first” destination for investors, Jindal lauded the support and cooperation that his group got during the setting up of the cement plant at Salboni.
Uday Kotak, Executive Vice Chairman and MD of Kotak Mahindra Bank said the mind-set in Bengal has changed hopefully forever.
–IANS
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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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