'Rs 1 lakh cr investment proposals for West Bengal'

Last Updated: Tue, Nov 13, 2012 06:09 hrs

The West Bengal government has received 222 industry proposals worth Rs 1,09,529 crore having a potential to create job opportunities for over three lakh people, state Industry Minister Parth Chatterjee claimed here today.

The proposals covered all sectors, excluding information technology (IT), the minister said adding 16 more proposals were in the pipeline. The biggest of these proposals is the big ticket investment of Rs 35,000 crore by JSW Bengal Steel for a 10 million-tonne unit at Salboni in West Midnapur district to be set up over 4,336 acres of land.

The other proposals include Rs 700 crore cement unit by the ACC at Kharagpur, another cement unit by Ultra Tech with an investment of Rs 331 crore in Hooghly district, Rs 500 crore plant by the SPS Ispat and Power Company and Rs 137.7 crore unit by the Pattons at Uluberia in Howrah district.

This is apart from the integrated steel plant by Ankit Metal at Chhatna in Bankura district with an investment of Rs 1,048 crore, he said. Chatterjee asserted that the state was receiving these proposals only because of the "congenial atmosphere for industrial growth" prevailing in the state. The minister's remarks came after yesterday's unflattering assessment of the state's industrial scenario by former chief minister of the state, Buddhadeb Bhattacharjee, who said that a 'desperate' situation existed in which no new industry was coming to the state.

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