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FICCI office was setup in Kolkata in 2004 to look into the issues concerning the Eastern Region. Since its inception the State office has been playing an important role in promoting Centre - State interface, assisting different verticals in FICCI to create awareness, stimulate and strengthen the reform process in the State.
 
FICCI West Bengal State Council works closely with the State Government and Industry and has been organizing Stakeholder Consultation, Conclaves, Workshops, Seminars, National and International roadshows, etc. The West Bengal State Council also plays an important role in providing inputs on policy initiatives to the State Government. FICCI-WBSC has partnered with Government of West Bengal as Summit Partner in organizing the past three editions of the Bengal Global Business Summit.
 
  • partners the State Government in organizing investment summit and promotional activities both national and international
  • organizes stakeholder consultation for feedback from industry related to policy, schemes and reforms
  • Works with State Government on sector specific projects ( MSME, Skills etc)
  • organizes focused B2B / B2G meetings
  • Provide a platform to interact with other members, institutions, state & central governments and meet global business and political leaders
  • Undertakes research studies and surveys

West Bengal is the fourth largest State in India. The state offers a growing and vibrant market, young and skilled work force, robust physical and social infrastructure, improved work culture and business friendly environment. West Bengal has a strategic location as it is a major hub on the important trade route to the South East Asia and ASEAN countries and provides entry to North-East India, landlocked neighboring countries of Nepal, Bhutan. With a population of 91.3 million, the state has a strong consumer base and a large talent pool.
 
 

FICCI's Engagement

FICCI office was setup in Kolkata in 2004 to look into the issues concerning the Eastern Region. Since its inception the State office has been playing an important role in promoting Centre - State interface, assisting different verticals in FICCI to create awareness, stimulate and strengthen the reform process in the State.
 
FICCI West Bengal State Council works closely with the State Government and Industry and has been organizing Stakeholder Consultation, Conclaves, Workshops, Seminars, National and International roadshows, etc. The West Bengal State Council also plays an important role in providing inputs on policy initiatives to the State Government. FICCI-WBSC has partnered with Government of West Bengal as Summit Partner in organizing the past three editions of the Bengal Global Business Summit.
 
  • partners the State Government in organizing investment summit and promotional activities both national and international
  • organizes stakeholder consultation for feedback from industry related to policy, schemes and reforms
  • Works with State Government on sector specific projects ( MSME, Skills etc)
  • organizes focused B2B / B2G meetings
  • Provide a platform to interact with other members, institutions, state & central governments and meet global business and political leaders
  • Undertakes research studies and surveys

Timeline

2023
Jul
Event

Interactive session on ‘Skill Development in Healthcare & Life Science Sectors: Empowering through Skills'

Event

Interactive Session on Skill Development in Healthcare & Life Science Sectors: Empowering through Skills

Jun
Event

e-Export Haat

Event

Awareness Session on 'e-Export Haat' by WBIDC, in collaboration with Amazon Global Selling and FICCI

May
Event

FICCI MSME West Bengal Sub Committee Meeting

Apr
Event

TET & SD Dept., Govt of West Bengal, FICCI and Hettich Poddar Wood Working Institute - Certificate and Appointment Letter Distribution of Employment Grant Programme at Govt. ITI, Howrah Homes

Mar
Event

Roundtable on Higher Education Sector- Opportunities for Industry: Academia Partnerships

Feb
Event

Foundation Industry Delegation, UK: Industry visit to Ranihati Foundry Park - Howrah and Poly Park - Sankrail

Press Release

West Bengal Industry Minister welcomes Foundation Industries Business Delegation from UK

Event

Business Forum and B2B Meetings with Foundation Industries Delegation UK

Event

FICCI - West Bengal State Council & EY: Post Budget Interactive Session

Jan
Event

Industry Roundtable with HE Ms Jacqueline Mukangira, High Commissioner, High Commission of the Republic of Rwanda and Mr Harsh Vardhan Shringla, Chief Coordinator for India's G20 Presidency

2022
Dec
Event

Stakeholder Consultation on Natural Gas Sector in West Bengal

Oct
Event

FICCI - West Bengal State Council in association with West Bengal Industrial Development Corporation organized a meeting with Chemical, Petrochem and Plastic Companies in West Bengal

Sep
Event

Roundtables on Creative Industries in West Bengal

Event

Training Workshop on 'Extended Producer Responsibility (EPR) in Plastics and Packaging Waste in India'

Aug
Event

FICCI - Interactive Session with H.E. Mr. Naor Gilon, Ambassador of Israel

Event

Interactive Session with H.E. Mr. Cameron MacKay, High Commissioner of Canada to India

Jul
Event

Stakeholder Consultation with Toy Manufacturers organized by FICCI & Dept. of MSME & Textiles, Govt. of West Bengal

Jun
Event

TU CIBIL - FICCI MSME Consumer Education Program

Event

International MSME Day - Virtual MSME Consumer Education Program organized by FICCI & TransUnion CIBIL

Event

Workshop on Procurement by CPSEs with Special Focus on Vendor Interface with MSEs - Live Streaming in Kolkata organized by FICCI - West Bengal State Council in association with Calcutta Chamber of Commerce

Apr
Press Release

Investment proposals worth 3.42 lakh crores received at Bengal Global Business Summit: Chief Minister, West Bengal

Study

Celebrating Traditional Treasures- GI Products of Bengal

Press Release

Government to provide all necessary help & assistance to the industry: Chief Minister, West Bengal

Event

Bengal Global Business Summit

Mar
Event

Interactive Session on Opportunities in Sustainable Real Estate construction between UK-India

Event

Virtual Interactive Session with Ambassadors & High Commissioners organized by WBIDC & Partner Chamber, FICCI as a precursor to the Bengal Global Business Summit 2022, Kolkata

Feb
Event

Stakeholder Consultation on GI with Government of West Bengal

2021
Dec
Event

FICCI - West Bengal State Council & WBIDC: Consultative Meeting with Bicycle Industry

Event

COVID-19 Training Programme for Nurses / Nursing Students in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Event

COVID-19 Training Programme for Doctors in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Event

COVID-19 Training Programme for Paramedics in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Nov
Event

FICCI - West Bengal State Council Meeting

Event

COVID-19 Training Programme for Nurses in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Sep
Event

FICCI - West Bengal State Council & GE Healthcare, Online Training Programme on High Impact COVID-19 preparedness

Event

FICCI - West Bengal State Council & GE Healthcare, Online Training Programme on High Impact COVID-19 preparedness

Event

Interactive Session with Mr. T.K. Kurien, CEO and Managing Partner, Premji Invest on Technology and Innovation

Event

Virtual Round Table on The Changing Role of Data Management in Time of a Global Pandemic

Event

Interactive Session with Rana Mitter, Prof. of the History & Politics of Modern China, St. Cross College, University of Oxford

Event

COVID-19 Training Programme for Nurses in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Event

Interactive Session with Mr. Srini Nagarajan, Managing Director and Head of Asia, CDC on Opportunities of Growth with Social and Environmental Responsibility

Policy

Suggestions to Promote Export from West Bengal, August 2021

Event

COVID-19 Training Programme for Paramedics in West Bengal conducted by Wipro GE Healthcare along with USAID

Aug
Event

Interactive Session with Dr. Andrew White, Associate Dean for External Relations, Said Business School, University of Oxford on Profit for Purpose

Jul
Event

FICCI - West Bengal State Council & NSE India: Interactive Webinar on Alternate Sources of MSME Fund-Raising and Start-up Listing : A Capital Market Perspective

Event

Webinar on Skill Development in Healthcare Sector

Jun
Event

Webinar on COVID 19: Impact on the MSME Sector

Event

Webinar on Navigating the New Normal: Role of Human Resource Post 2nd Wave of COVID-19

May
Event

FICCI - West Bengal State Council and GE Healthcare organized a Virtual Bridge Course in COVID-19 Management for Paramedical Staff and Nurses

Apr
Event

FICCI - West Bengal State Council Meeting

Event

Webinar on Synergies, Leadership and Capacity Building in Education

Mar
Event

Webinar with H.E. Mr. Vincenzo De Luca, Ambassador of Italy to India

Feb
Event

West Bengal Textile & Apparel Meet 2021

Event

Bengal Business Conclave & Synergy

Jan
Event

Webinar on Strengthening UK-India collaboration in Aquaculture: Focus West Bengal

2020
Dec
Study

Bengal Innovation & Business Acceleration Center, Report for 2018-19

Event

Pilot Placement Linked Modular Furniture Fitting Training Programme

Event

MoU Signing Ceremony: FICCI & University of Melbourne

Nov
Event

Webinar on Alternative Fund-Raising Platform & Listing for SMEs

Oct
Event

Interaction with Nobel Laureate Prof. Muhammad Yunus, Founder of Grameen Bank on Social Business - Reset Economy and Society

Press Release

New Labour Codes will promote harmonious industrial relations, ensure higher productivity & create more jobs: Santosh Kumar Gangwar

Sep
Event

FICCI-KAS: Capacity Building Workshop on Empowering MSMEs

Event

The SMBandh - Unlocking Growth and Opportunities for SMBs

Aug
Event

FICCI WBSC - Austrade Webinar on METS

Event

Webinar on Alternative Fund Raising Platform & Listing for SMEs

Event

Interactive Webinar on Impact of COVID – 19 on Food Processing Industries and Road Ahead

Jul
Event

Webinar on Skill Development

Event

Webinar on UK Export Finance (UKEF) and its services to Indian companies

Event

Webinar on Combating Counterfeiting and Smuggling during the COVID-19 pandemic and beyond

Event

E-learning Module on Digital Marketing - A Step Ahead in the New Normal

Jun
Event

Webinar on MSMEs - Adapting the New Normal in the Changing Times

Event

Webinar on Transport & Logistics sector - New Normals, Adapt, Innovate & Moving ahead

May
Event

Webinar on Blended Learning

Event

Webinar on Contractual Issues during COVID-19 Pandemic

Event

Webinar on Pandemic Ethics - An Afternoon with Prof. Peter Singer

Apr
Event

Covid-19 Pandemic: Frustration of Contracts and Force Majeure

Study

Weekly News & Economy Wrap

Event

Webinar with Mr. William Foster, Lead Analyst for India, US and the World Bank for MOODY'S

Event

Webinar on "COVID-19 Now, Next & Beyond themes for India"

Event

Getting Back to Business Post COVID-19: Webinar for FICCI MSME Members, Industry and MSME Associations

Event

Webinar on Economic and Social Impact of the Corona virus pandemic with Nobel laureates and Renowned MIT Economists, Dr. Abhijit Banerjee and Dr. Esther Duflo

Feb
Event

Interactive Workshop Winning Big on E-commerce

Event

Interactive Session on Union Budget in Kolkata

Jan
Event

Stakeholder Consultation on Auction of Coal Mines for Sale of Coal in Kolkata

Study

Strategy Document for West Bengal Textile & Apparel Sector

Event

Interactive Session on Bracing for Global Downturn: Implications for India

2019
Dec
Event

Bengal Business Conclave

Nov
Event

Diplomats Round Table in New Delhi on Digha Bengal Business Conclave

Event

Interactive Session with H.E. Mr. Ernest Rwamucyo, High Commissioner of the Republic of Rwanda

Sep
Event

Workshop on Government e-Marketplace Portal

Event

Workshop on New Return Offline Tool with GSTN

Aug
Event

Google Digital Unlocked: Digital Marketing Workshop in Kolkata

Policy

Representation made to Industry, Commerce and Enterprises Department, Government of West Bengal on Logistics Sector Development in West Bengal

Event

Stakeholder Consultation on Issues Related to Coal Sector

Jul
Event

Workshop on Digital Marketing for Self Help Groups in West Bengal

Event

First FICCI - West Bengal State Logistics Committee Meeting

Event

Workshop on Social Media Marketing for MSME Clusters in Howrah

Event

Union Budget 2019-20 Viewing Session in Kolkata

Event

Interactive Session with Second Cohort Participants of Bengal Innovation & Business Acceleration Centre with Entrepreneurs

Jun
Event

Outreach Programme by Bengal Innovation and Business Acceleration Center

Event

Workshop on Export Facilitation

Event

Interactive Session with H.E. Mr. Marten Van Den Berg, Dutch Ambassador to India & Dutch Business Delegation

Event

Workshop with Amazon on Global & Domestic selling through E-Commerce

Event

Workshop on GST

May
Event

Stakeholder Consultation on Textile & Apparel Industry

Apr
Event

Consultative Meeting on Mining and Minerals Sector in West Bengal

Study

Prospects of Gas Industry in West Bengal

Event

Brainstorming Session on Prospects of Gas Industry in West Bengal

Feb
Event

Bengal Innovation Business Acceleration center at Bengal Global Business Summit 2019

Study

150 Investible Projects in West Bengal

Study

West Bengal - State Pitch Book

Event

Bengal Global Business Summit 2019

Press Release

Lifestyle changes can prevent huge cancer expenses & outcomes: WB Health Secretary

Event

FICCI Seminar on 'Tackling the Rising Burden of Cancer: Time to Act Together'

Jan
Event

Interactive Session on Gas Industry in West Bengal

2018
Sep
Event

Industry Meet on Indian Chemicals & Petrochemicals Industry: India Chem 2018

Aug
Event

Consultative Meeting on BGBS 2019 with Consulates & Honorary Consuls

Event

The thematic session on Lean Manufacturing at State MSME Conclave, Synergy 2018

Event

FICCI signs MoU with - West Bengal Industrial Development Corporation Ltd. to provide business with the expertise and resources to nurture, scale and expand through incubation acceleration and export promotion support

Jun
Event

"Accelerating Exports" Workshop on Promoting Exports from West Bengal

Event

FICCI - CASCADE Seminar on Combating Counterfeiting and Smuggling: An Imperative to Accelerate Economic Development

Mar
Event

Interactive Workshop on Going Global through E-commerce Marketplace

Feb
Event

Post Budget Interactive Session

Jan
Event

Bengal Global Business Summit 2018

Press Release

Bengal Global Business Summit attracts top business leaders FICCI partners West Bengal in promoting the state as an attractive investment destination

2017
Nov
Event

Interactive business meet addressed by Mamata Banerjee, Hon’ble Chief Minister of West Bengal in Edinburgh

Sep
Event

BGBS 2018 - New Delhi Roadshow - Interactive Session with Ambassadors / High Commissioners to India

Event

BGBS 2018 - Mumbai Roadshow - Sectoral Roundtable on Chemical

Aug
Event

BGBS 2018 - Chennai Roadshow - Sectoral Roundtable on Leather

Jul
Event

14th Banking Conclave 2017

Jun
Event

Bengal in Netherlands - Business Meet

Event

Interaction with Mr. Rajiva Sinha, IAS, Additional Chief Secretary, Dept. of Industry, Commerce & Enterprises, Govt. of West Bengal

Event

Stakeholder Consultation on Sustainable Ferry Transport

Apr
Event

Interactive Session with Shri K. T. Rama Rao, Hon’ble Minister in Charge, IT, Industries & Commerce, Public Enterprises, Municipal Administration & Urban Development, Sugar, Mines & Geology, NRI Affairs, Government of Telangana

Event

Seminar on "Combating Counterfeiting and Smuggling - An Imperative to Accelerate Economic Development"

Feb
Event

Post Budget Interactive Session in Kolkata

Jan
Event

Bengal Global Business Summit 2017

2016
Nov
Event

Workshop on National Pension Scheme (NPS)

Sep
Event

Bengal Global Business Summit 2017 : Interactive Session with Delegation from China

Aug
Event

Bengal Global Business Summit 2017 : Opportunities in Maritime Sector in West Bengal

Event

Bengal Global Business Summit 2017 : Interactive Meet with PE/ VC & IBs

Jul
Event

Workshop on Income Declaration Scheme and Gold Monetisation Scheme 2016

Event

Bengal Global Business Summit 2017: Interactive meet with Diplomats

Event

Orientation Workshop of MSME-Sector Leadership Project

Jun
Study

Changing Landscape of Indian Banking

Event

13th Banking Conclave - 2016

Event

Interactive Session on Issues and Trends in Service Tax Regime in India

Apr
Event

Workshop on ATA Carnet: Your Visa for temporary export/import of goods between International Borders

Mar
Event

FICCI WBSC - EY Post Budget Interactive Session 2016-17

Feb
Event

Session on Registration, Promotion and Marketing of Geographical Indications

Jan
Event

Bengal Global Business Summit 2016

2015
Nov
Event

Roundtable on Food Processing and Fisheries Sector in West Bengal

Oct
Event

Interaction with Malaysian Delegation

Event

Investment Roadshow in Bengaluru: Bengal Global Business Summit 2016

Sep
Event

Investment Roadshow in Mumbai: Bengal Global Business Summit 2016

Press Release

West Bengal beckons investors with industry-friendly policies and sanctions

Event

Investment Roadshow in New Delhi: Bengal Global Business Summit 2016

Aug
Study

Banking Industry in India. Exploring New Frontiers

Event

12th Banking Conclave - 2015

Jul
Event

Visit of Hon'ble CM of West Bengal to UK

Event

State Level Discussion on the Lauch of Skill India on World Youth Skills Day

Jun
Event

Stakeholders Consultation on Draft Waste Management Rules 2015

Event

Business meet with RAK Investment Authority, Government of Ras Al Khaimah

May
Study

Impact Assessment Study on Education to Employability Project in West Bengal

Event

Release of Impact Assessment Study on Education to Employability in West Bengal

Event

Roundtable on Business Linkages for SHGs

Apr
Event

Tamil Nadu - Global Investors Meet 2015: Roadshow in Kolkata

Mar
Event

3 Day Residential Training Programme for Professionals Engaged in Marketing of SHG Products

Event

Seminar on Consumer Rights - Empowering the Consumer

Feb
Event

Gurjari-2015- Roadshow

Jan
Event

Bengal Global Business Summit

2014
Dec
Event

Industry and Academia Collaboration in Analytics

Nov
Event

Roundtable on Direct Selling Industry

Event

FICCI National Executive Committee Meeting

Oct
Event

Investment Roadshow: Bengal Leads 2015

Sep
Event

11th Banking and Finance Conclave 2014 - September Session

Aug
Event

11th Banking and Finance Conclave 2014 - August Session

Jul
Event

11th Banking and Finance Conclave 2014 - July Session

Jun
Event

Seminar on Corporate Social Responsibility in Rural Drinking Water and Sanitation Sector

Event

Seminar on MSME Prosperity

Apr
Event

Seminar on Emerging Trends and Opportunities in Higher Education

Mar
Event

CSR Roundtable: Perspectives on CSR

Event

Seminar on Consumer Rights

Feb
Event

Government of West Bengal signs MoU with FICCI and IL&FS

2013
Dec
Event

CSR Dialogue an Evening for a Social Cause

Jul
Study

Public Sector Banks Profiling the Leadership Landscape

May
Study

Baseline Study on Education to Employability Project in West Bengal

Events

Jul, 2023

Interactive session on ‘Skill Development in Healthcare & Life Science Sectors: Empowering through Skills'

Jul 15, 2023, Kolkata

Interactive Session on Skill Development in Healthcare & Life Science Sectors: Empowering through Skills

Jul 15, 2023, Kolkata 

North East Global Investors Summit 2023: Kolkata Roadshow & B2G Interactions

Jul 10, 2023, Taj Bengal, Kolkata

Jun, 2023

e-Export Haat

Jun 08, 2023, Silpa Sadan, Kolkata

Awareness Session on 'e-Export Haat' by WBIDC, in collaboration with Amazon Global Selling and FICCI

Jun 08, 2023, Silpa Sadan, Kolkata

May, 2023

FICCI MSME West Bengal Sub Committee Meeting

May 12, 2023, Kolkata

Apr, 2023

TET & SD Dept., Govt of West Bengal, FICCI and Hettich Poddar Wood Working Institute - Certificate and Appointment Letter Distribution of Employment Grant Programme at Govt. ITI, Howrah Homes

Apr 19, 2023,

Mar, 2023

Roundtable on Higher Education Sector- Opportunities for Industry: Academia Partnerships

Mar 20, 2023, Kolkata

Feb, 2023

Foundation Industry Delegation, UK: Industry visit to Ranihati Foundry Park - Howrah and Poly Park - Sankrail

Feb 28, 2023,

Business Forum and B2B Meetings with Foundation Industries Delegation UK

Feb 27, 2023, The Oberoi Grand, 15, Jawaharlal Nehru Road, Kolkata, 11.00 am - 5.00 pm

FICCI - West Bengal State Council & EY: Post Budget Interactive Session

Feb 02, 2023, Kolkata

Jan, 2023

Industry Roundtable with HE Ms Jacqueline Mukangira, High Commissioner, High Commission of the Republic of Rwanda and Mr Harsh Vardhan Shringla, Chief Coordinator for India's G20 Presidency

Jan 31, 2023, Kolkata

Dec, 2022

Stakeholder Consultation on Natural Gas Sector in West Bengal

Dec 13, 2022, Kolkata, West Bengal

Oct, 2022

FICCI - West Bengal State Council in association with West Bengal Industrial Development Corporation organized a meeting with Chemical, Petrochem and Plastic Companies in West Bengal

Oct 18, 2022, Kolkata

Sep, 2022

Roundtables on Creative Industries in West Bengal

Sep 23, 2022, Biswa Bangla Mela Prangan

Training Workshop on 'Extended Producer Responsibility (EPR) in Plastics and Packaging Waste in India'

Sep 09, 2022, Hotel Taj Bengal, Kolkata

Aug, 2022

FICCI - Interactive Session with H.E. Mr. Naor Gilon, Ambassador of Israel

Aug 22, 2022, Kolkata

Interactive Session with H.E. Mr. Cameron MacKay, High Commissioner of Canada to India

Aug 04, 2022, Kolkata

Jul, 2022

Stakeholder Consultation with Toy Manufacturers organized by FICCI & Dept. of MSME & Textiles, Govt. of West Bengal

Jul 11, 2022,

Jun, 2022

International MSME Day - Virtual MSME Consumer Education Program organized by FICCI & TransUnion CIBIL

Jun 27, 2022,

TU CIBIL - FICCI MSME Consumer Education Program

Jun 27, 2022, Virtual Platform, 04.00 pm - 05.00 pm

Workshop on Procurement by CPSEs with Special Focus on Vendor Interface with MSEs - Live Streaming in Kolkata organized by FICCI - West Bengal State Council in association with Calcutta Chamber of Commerce

Jun 11, 2022,

Apr, 2022

Bengal Global Business Summit

Apr 20, 2022, Kolkata

Mar, 2022

Interactive Session on Opportunities in Sustainable Real Estate construction between UK-India

Mar 16, 2022, 04:00 PM - 05:15 PM (IST)

Virtual Interactive Session with Ambassadors & High Commissioners organized by WBIDC & Partner Chamber, FICCI as a precursor to the Bengal Global Business Summit 2022, Kolkata

Mar 03, 2022, Virtual Platform

Feb, 2022

Stakeholder Consultation on GI with Government of West Bengal

Feb 16, 2022, Kolkata

Dec, 2021

FICCI - West Bengal State Council & WBIDC: Consultative Meeting with Bicycle Industry

Dec 08, 2021, Ludhiana

COVID-19 Training Programme for Nurses / Nursing Students in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Dec 06, 2021, Kolkata

COVID-19 Training Programme for Doctors in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Dec 04, 2021, Kolkata

COVID-19 Training Programme for Paramedics in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Dec 02, 2021, Kolkata

Nov, 2021

FICCI - West Bengal State Council Meeting

Nov 22, 2021,

COVID-19 Training Programme for Nurses in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Nov 11, 2021,

Sep, 2021

FICCI - West Bengal State Council & GE Healthcare, Online Training Programme on High Impact COVID-19 preparedness

Sep 29, 2021, Virtual Platform

FICCI - West Bengal State Council & GE Healthcare, Online Training Programme on High Impact COVID-19 preparedness

Sep 18, 2021, Virtual Platform

Interactive Session with Mr. T.K. Kurien, CEO and Managing Partner, Premji Invest on Technology and Innovation

Sep 14, 2021, Virtual Platform, 5:00 PM - 6:00 PM (IST)

Virtual Round Table on The Changing Role of Data Management in Time of a Global Pandemic

Sep 10, 2021, Virtual Platform, 4:00 PM - 5:15 PM

COVID-19 Training Programme for Nurses in West Bengal conducted by Wipro GE Healthcare along with FICCI - West Bengal State Council

Sep 06, 2021,

Interactive Session with Rana Mitter, Prof. of the History & Politics of Modern China, St. Cross College, University of Oxford

Sep 06, 2021, Virtual Platform

Interactive Session with Mr. Srini Nagarajan, Managing Director and Head of Asia, CDC on Opportunities of Growth with Social and Environmental Responsibility

Sep 03, 2021, Virtual Platform, 4:00 PM - 5:00 PM (IST)

COVID-19 Training Programme for Paramedics in West Bengal conducted by Wipro GE Healthcare along with USAID

Sep 01, 2021,

Aug, 2021

Interactive Session with Dr. Andrew White, Associate Dean for External Relations, Said Business School, University of Oxford on Profit for Purpose

Aug 18, 2021, Virtual Platform, 4:00 PM - 5:00 PM (IST).

Jul, 2021

FICCI - West Bengal State Council & NSE India: Interactive Webinar on Alternate Sources of MSME Fund-Raising and Start-up Listing : A Capital Market Perspective

Jul 29, 2021, Virtual Platform, 4:00 PM - 5:00 PM (IST)

Webinar on Skill Development in Healthcare Sector

Jul 15, 2021, Virtual Platform, 4:00 PM - 5:15 PM (IST)

Jun, 2021

Webinar on COVID 19: Impact on the MSME Sector

Jun 28, 2021, Virtual Platform

Webinar on Navigating the New Normal: Role of Human Resource Post 2nd Wave of COVID-19

Jun 22, 2021, Virtual Platform, 4:00 PM - 5:15 PM (IST)

May, 2021

FICCI - West Bengal State Council and GE Healthcare organized a Virtual Bridge Course in COVID-19 Management for Paramedical Staff and Nurses

May 20, 2021, Virtual Platform

Apr, 2021

FICCI - West Bengal State Council Meeting

Apr 28, 2021, Virtual Platform, 04:00 PM to 05:15 PM (IST)

Webinar on Synergies, Leadership and Capacity Building in Education

Apr 20, 2021, Virtual Platform

Mar, 2021

Webinar with H.E. Mr. Vincenzo De Luca, Ambassador of Italy to India

Mar 12, 2021, Virtual Platform, 04:00 PM - 05:15 PM

Feb, 2021

West Bengal Textile & Apparel Meet 2021

Feb 12, 2021, Virtual Platform

Bengal Business Conclave & Synergy

Feb 08, 2021, Virtual Platform

Jan, 2021

Webinar on Strengthening UK-India collaboration in Aquaculture: Focus West Bengal

Jan 21, 2021, Virtual Platform

Dec, 2020

Pilot Placement Linked Modular Furniture Fitting Training Programme

Dec 14, 2020, Virtual Platform

MoU Signing Ceremony: FICCI & University of Melbourne

Dec 11, 2020, Virtual Platform

Nov, 2020

Webinar on Alternative Fund-Raising Platform & Listing for SMEs

Nov 27, 2020, Virtual Platform, 04:00 PM - 05:00 PM

Oct, 2020

Interaction with Nobel Laureate Prof. Muhammad Yunus, Founder of Grameen Bank on Social Business - Reset Economy and Society

Oct 13, 2020, Virtual Platform

Interaction with Prof. Joseph Stiglitz on Global Economic Outlook postponed

Oct 05, 2020, Virtual Platform, 06:30 PM

Sep, 2020

FICCI-KAS: Capacity Building Workshop on Empowering MSMEs

Sep 22, 2020, Virtual Platform, 04:00 PM - 05:15 PM

The SMBandh - Unlocking Growth and Opportunities for SMBs

Sep 09, 2020, Virtual Platform

Aug, 2020

FICCI WBSC - Austrade Webinar on METS

Aug 27, 2020, Virtual Platform, 11:00 AM - 12:15 PM

Webinar on Alternative Fund Raising Platform & Listing for SMEs

Aug 12, 2020, Virtual Platform

Interactive Webinar on Impact of COVID – 19 on Food Processing Industries and Road Ahead

Aug 10, 2020, Virtual Platform, 04:00 PM - 05:00 PM

Digital Marketing - Stay a Step Ahead in the New Normal postponed

Aug 08, 2020, Virtual Platform, 10:00 AM - 02:00 PM

Jul, 2020

Webinar on Skill Development

Jul 15, 2020, Virtual Platform, 04:00 PM - 05:00 PM

Webinar on UK Export Finance (UKEF) and its services to Indian companies

Jul 09, 2020, Virtual Platform, 05:00 PM - 06:00 PM

Webinar on Combating Counterfeiting and Smuggling during the COVID-19 pandemic and beyond

Jul 07, 2020, Virtual Platform

E-learning Module on Digital Marketing - A Step Ahead in the New Normal

Jul 04, 2020, Virtual Platform, 10:00 AM - 02:00 PM

Jun, 2020

Webinar on MSMEs - Adapting the New Normal in the Changing Times

Jun 16, 2020, Virtual Platform

Webinar on Transport & Logistics sector - New Normals, Adapt, Innovate & Moving ahead

Jun 12, 2020, Virtual Platform, 04:30 PM - 05:30 PM

May, 2020

Webinar on Blended Learning

May 15, 2020, Webinar

Webinar on Contractual Issues during COVID-19 Pandemic

May 11, 2020, Webinar, 05:00 PM - 06:00 PM

Webinar on Pandemic Ethics - An Afternoon with Prof. Peter Singer

May 01, 2020, Webinar, 04:00 PM - 05:00 PM

Apr, 2020

Covid-19 Pandemic: Frustration of Contracts and Force Majeure

Apr 27, 2020, Webinar, 05:00PM - 06:00PM

Webinar with Mr. William Foster, Lead Analyst for India, US and the World Bank for MOODY'S

Apr 20, 2020, Webinar, 05:30PM - 06:30PM

Webinar on "COVID-19 Now, Next & Beyond themes for India"

Apr 13, 2020, Webinar, 05:00PM - 06:00PM

Getting Back to Business Post COVID-19: Webinar for FICCI MSME Members, Industry and MSME Associations

Apr 10, 2020, Webinar, 12:00 PM - 01:00 PM

Webinar on Economic and Social Impact of the Corona virus pandemic with Nobel laureates and Renowned MIT Economists, Dr. Abhijit Banerjee and Dr. Esther Duflo

Apr 08, 2020, Webinar, 06:30 PM - 07:30 PM

Feb, 2020

Interactive Workshop Winning Big on E-commerce

Feb 13, 2020, Kolkata

Interactive Session on Union Budget in Kolkata

Feb 03, 2020, Kolkata, West Bengal

Jan, 2020

Stakeholder Consultation on Auction of Coal Mines for Sale of Coal in Kolkata

Jan 28, 2020, Kolkata, West Bengal

Interactive Session on Bracing for Global Downturn: Implications for India

Jan 03, 2020, Kolkata

Dec, 2019

Bengal Business Conclave

Dec 10, 2019, Digha, West Bengal

Nov, 2019

Diplomats Round Table in New Delhi on Digha Bengal Business Conclave

Nov 21, 2019, New Delhi

Interactive Session with H.E. Mr. Ernest Rwamucyo, High Commissioner of the Republic of Rwanda

Nov 02, 2019, Kolkata, West Bengal

Sep, 2019

Workshop on Government e-Marketplace Portal

Sep 25, 2019, Kolkata, West Bengal

Workshop on New Return Offline Tool with GSTN

Sep 11, 2019, Kolkata, West Bengal

Aug, 2019

Google Digital Unlocked: Digital Marketing Workshop in Kolkata

Aug 29, 2019, Kolkata, West Bengal

Stakeholder Consultation on Issues Related to Coal Sector

Aug 21, 2019, Kolkata, West Bengal

Jul, 2019

Workshop on Digital Marketing for Self Help Groups in West Bengal

Jul 18, 2019, Kolkata, West Bengal

First FICCI - West Bengal State Logistics Committee Meeting

Jul 12, 2019, Kolkata, West Bengal

Workshop on Social Media Marketing for MSME Clusters in Howrah

Jul 10, 2019, Howrah

Union Budget 2019-20 Viewing Session in Kolkata

Jul 05, 2019, Kolkata, West Bengal

Interactive Session with Second Cohort Participants of Bengal Innovation & Business Acceleration Centre with Entrepreneurs

Jul 03, 2019, Kolkata, West Bengal

Jun, 2019

Outreach Programme by Bengal Innovation and Business Acceleration Center

Jun 28, 2019, Kolkata, West Bengal

Workshop on Export Facilitation

Jun 17, 2019, Kolkata, West Bengal

Interactive Session with H.E. Mr. Marten Van Den Berg, Dutch Ambassador to India & Dutch Business Delegation

Jun 13, 2019, Kolkata

Workshop with Amazon on Global & Domestic selling through E-Commerce

Jun 11, 2019, Kolkata, West Bengal

Workshop on GST

Jun 07, 2019, Kolkata, West Bengal

May, 2019

Stakeholder Consultation on Textile & Apparel Industry

May 06, 2019, Kolkata, West Bengal

Apr, 2019

Consultative Meeting on Mining and Minerals Sector in West Bengal

Apr 26, 2019, Kolkata, West Bengal

Brainstorming Session on Prospects of Gas Industry in West Bengal

Apr 10, 2019, Kolkata, West Bengal

Feb, 2019

Bengal Innovation Business Acceleration center at Bengal Global Business Summit 2019

Feb 08, 2019, Kolkata, West Bengal

Bengal Global Business Summit 2019

Feb 07, 2019, Kolkata, West Bengal

FICCI Seminar on 'Tackling the Rising Burden of Cancer: Time to Act Together'

Feb 05, 2019, Kolkata, West Bengal

Jan, 2019

Interactive Session on Gas Industry in West Bengal

Jan 09, 2019, Kolkata, West Bengal

Sep, 2018

Industry Meet on Indian Chemicals & Petrochemicals Industry: India Chem 2018

Sep 20, 2018, Kolkata, West Bengal

Aug, 2018

Consultative Meeting on BGBS 2019 with Consulates & Honorary Consuls

Aug 27, 2018, Kolkata, West Bengal

The thematic session on Lean Manufacturing at State MSME Conclave, Synergy 2018

Aug 20, 2018, Kolkata, West Bengal

FICCI signs MoU with - West Bengal Industrial Development Corporation Ltd. to provide business with the expertise and resources to nurture, scale and expand through incubation acceleration and export promotion support

Aug 03, 2018, Kolkata, West Bengal

Jun, 2018

"Accelerating Exports" Workshop on Promoting Exports from West Bengal

Jun 18, 2018, Kolkata, West Bengal

FICCI - CASCADE Seminar on Combating Counterfeiting and Smuggling: An Imperative to Accelerate Economic Development

Jun 05, 2018, Kolkata, West Bengal

Mar, 2018

Interactive Workshop on Going Global through E-commerce Marketplace

Mar 09, 2018, Kolkata, West Bengal

Feb, 2018

Post Budget Interactive Session

Feb 02, 2018, Kolkata

Jan, 2018

Bengal Global Business Summit 2018

Jan 16, 2018, Biswa Bangla Convention Centre, New Town, Kolkata, West Bengal

Nov, 2017

Interactive business meet addressed by Mamata Banerjee, Hon’ble Chief Minister of West Bengal in Edinburgh

Nov 16, 2017, Edinburgh, Scotland

Sep, 2017

BGBS 2018 - New Delhi Roadshow - Interactive Session with Ambassadors / High Commissioners to India

Sep 15, 2017, New Delhi

BGBS 2018 - Mumbai Roadshow - Sectoral Roundtable on Chemical

Sep 06, 2017, Mumbai

Aug, 2017

BGBS 2018 - Chennai Roadshow - Sectoral Roundtable on Leather

Aug 10, 2017, Chennai

Jul, 2017

14th Banking Conclave 2017

Jul 11, 2017, Kolkata

Jun, 2017

Bengal in Netherlands - Business Meet

Jun 21, 2017, Hague, Netherlands

Interaction with Mr. Rajiva Sinha, IAS, Additional Chief Secretary, Dept. of Industry, Commerce & Enterprises, Govt. of West Bengal

Jun 17, 2017, Kolkata

Stakeholder Consultation on Sustainable Ferry Transport

Jun 06, 2017, Kolkata

Apr, 2017

Interactive Session with Shri K. T. Rama Rao, Hon’ble Minister in Charge, IT, Industries & Commerce, Public Enterprises, Municipal Administration & Urban Development, Sugar, Mines & Geology, NRI Affairs, Government of Telangana

Apr 25, 2017, Kolkata

Seminar on "Combating Counterfeiting and Smuggling - An Imperative to Accelerate Economic Development"

Apr 20, 2017, Kolkata

Feb, 2017

Post Budget Interactive Session in Kolkata

Feb 02, 2017, Kolkata

Jan, 2017

Bengal Global Business Summit 2017

Jan 20, 2017, Kolkata

Nov, 2016

Workshop on National Pension Scheme (NPS)

Nov 08, 2016, Kolkata

Sep, 2016

Bengal Global Business Summit 2017 : Interactive Session with Delegation from China

Sep 19, 2016, Kolkata

Aug, 2016

Bengal Global Business Summit 2017 : Opportunities in Maritime Sector in West Bengal

Aug 26, 2016, Kolkata

Bengal Global Business Summit 2017 : Interactive Meet with PE/ VC & IBs

Aug 24, 2016, Mumbai

Jul, 2016

Workshop on Income Declaration Scheme and Gold Monetisation Scheme 2016

Jul 29, 2016, Kolkata

Bengal Global Business Summit 2017: Interactive meet with Diplomats

Jul 25, 2016, FICCI, New Delhi

Orientation Workshop of MSME-Sector Leadership Project

Jul 19, 2016, Kolkata

Jun, 2016

13th Banking Conclave - 2016

Jun 22, 2016, Kolkata

Interactive Session on Issues and Trends in Service Tax Regime in India

Jun 06, 2016, Kolkata

Apr, 2016

Workshop on ATA Carnet: Your Visa for temporary export/import of goods between International Borders

Apr 29, 2016, Kolkata

Mar, 2016

FICCI WBSC - EY Post Budget Interactive Session 2016-17

Mar 01, 2016, Kolkata

Feb, 2016

Session on Registration, Promotion and Marketing of Geographical Indications

Feb 26, 2016, Kolkata

Jan, 2016

Bengal Global Business Summit 2016

Jan 07, 2016, Milan Mela, Kolkata, West Bengal

Nov, 2015

Roundtable on Food Processing and Fisheries Sector in West Bengal

Nov 04, 2015, Hyderabad

Oct, 2015

Interaction with Malaysian Delegation

Oct 15, 2015, New Delhi

Investment Roadshow in Bengaluru: Bengal Global Business Summit 2016

Oct 13, 2015, Bengaluru

Sep, 2015

Investment Roadshow in Mumbai: Bengal Global Business Summit 2016

Sep 22, 2015, Mumbai

Investment Roadshow in New Delhi: Bengal Global Business Summit 2016

Sep 07, 2015, FICCI, New Delhi

Aug, 2015

12th Banking Conclave - 2015

Aug 19, 2015, Kolkata

Jul, 2015

Visit of Hon'ble CM of West Bengal to UK

Jul 27, 2015, London

State Level Discussion on the Lauch of Skill India on World Youth Skills Day

Jul 15, 2015, Kolkata

Jun, 2015

Stakeholders Consultation on Draft Waste Management Rules 2015

Jun 18, 2015, Kolkata

Business meet with RAK Investment Authority, Government of Ras Al Khaimah

Jun 01, 2015, Kolkata

May, 2015

Release of Impact Assessment Study on Education to Employability in West Bengal

May 19, 2015, Kolkata

Roundtable on Business Linkages for SHGs

May 12, 2015, Kolkata

Apr, 2015

Tamil Nadu - Global Investors Meet 2015: Roadshow in Kolkata

Apr 23, 2015, Kolkata

Mar, 2015

3 Day Residential Training Programme for Professionals Engaged in Marketing of SHG Products

Mar 25, 2015, Kolkata

Seminar on Consumer Rights - Empowering the Consumer

Mar 14, 2015, Kolkata

Feb, 2015

Gurjari-2015- Roadshow

Feb 09, 2015, Kolkata

Jan, 2015

Bengal Global Business Summit

Jan 08, 2015, Kolkata

Dec, 2014

Industry and Academia Collaboration in Analytics

Dec 19, 2014, Kolkata

Nov, 2014

Roundtable on Direct Selling Industry

Nov 20, 2014, Kolkata

FICCI National Executive Committee Meeting

Nov 07, 2014, Kolkata

Oct, 2014

Investment Roadshow: Bengal Leads 2015

Oct 31, 2014, FICCI, New Delhi

Sep, 2014

11th Banking and Finance Conclave 2014 - September Session

Sep 04, 2014, Kolkata

Aug, 2014

11th Banking and Finance Conclave 2014 - August Session

Aug 21, 2014, Kolkata

Jul, 2014

11th Banking and Finance Conclave 2014 - July Session

Jul 21, 2014, Kolkata

Jun, 2014

Seminar on Corporate Social Responsibility in Rural Drinking Water and Sanitation Sector

Jun 24, 2014, Kolkata

Seminar on MSME Prosperity

Jun 12, 2014, The Park, Kolkata

Apr, 2014

Seminar on Emerging Trends and Opportunities in Higher Education

Apr 25, 2014, Kolkata

Mar, 2014

CSR Roundtable: Perspectives on CSR

Mar 22, 2014, Kolkata

Seminar on Consumer Rights

Mar 14, 2014, Taj Bengal, Kolkata

Feb, 2014

Government of West Bengal signs MoU with FICCI and IL&FS

Feb 14, 2014, Panagarh, Burdwan, West Bengal

Dec, 2013

CSR Dialogue an Evening for a Social Cause

Dec 14, 2013, Kolkata

Chair

Mr. Rudra Chatterjee

Managing Director
Luxmi Group and Chairman, Obeetee

Representation made to Industry, Commerce and Enterprises Department, Government of West Bengal on Logistics Sector Development in West Bengal

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Media Brief |

WBIDC, Amazon and FICCI join hands to promote e-commerce exports from West Bengal

This event was conceptualized as a knowledge-sharing, training, and capacity-building forum to enable small businesses from the state to create robust exports businesses and global brands. More than 200 potential exporters and MSMEs from Kolkata, North and South Parganas, Hooghly, Howrah, and other cities and districts in the state participated in the event.The event featured keynote sessions on the e-commerce exports opportunity as well as masterclasses and on-spot registrations on Amazon Global Selling for the attending exporters. The masterclasses focused on various aspects of e-commerce exports including cross-border logistics and payments, compliance requirements, insights on global markets and more.Dr. Shashi Panja, Hon’ble Minister Industry, Commerce & Enterprises Department, Public Enterprises and Industrial Reconstruction Department, and Women and Child Development and Social Welfare Department, said, “The state government has been working to boost the export potential of West Bengal and various steps have been taken in this regard. The West Bengal Export Commissioner’s office implements schemes to increase exports and extends marketing support to the state’s exporters.“We believe technology-led ecommerce exports can provide a great platform for West Bengal exporters to expand their business presence across borders. We will work together with Amazon Global Selling to bring more training sessions and knowledge sharing opportunities to ensure the success of entrepreneurs from the state in global markets,” Panja added.Vandana Yadav, Principal Secretary, Industry, Commerce and Enterprises, said, “West Bengal is at an inflection point when it comes to trade and commerce, especially exports. E-commerce exports is breaking barriers to exports and the ecosystem is coming together to help our exporters learn the ropes of selling across borders.“The WBIDC is focused on increasing exports from the state and has been identifying new countries and potential markets abroad. The Government of West Bengal has invested a lot in infrastructure and skill development. This, along with the inclusion of ecommerce exports in the policy framework is sure to provide the sector the boost it needs,” Yadav said.Bhupen Wakankar, Director, Global Trade, Amazon India, said, “We are seeing rising interest in e-commerce exports from MSMEs and startups across India including West Bengal. Over 3,000 exporters from the state have already worked with us and we are seeing a lot of momentum across categories like Furniture, Home, Luggage, Leather goods and more.“We are delighted to join hands with WBIDC and FICCI to open up the e-commerce exports opportunity for an even larger number of exporters from the state. We are encouraged by the enabling provisions on ecommerce exports in the FTP 2023 and will continue working with all stakeholders as we move closer to our vision of enabling $20 billion in cumulative exports from India by 2025,” Wakankar said.Rudra Chatterjee, Chairman, FICCI West Bengal State Council, said, “FICCI is excited to collaborate with WBIDC and Amazon for the e-Export Haat. As India works towards its target of $1 trillion in merchandise exports by 2030, it is crucial for all players in the ecosystem to come together and enable MSMEs to leverage the exports opportunity.”You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

ET Retail |

WBIDC, FICCI, Amazon join hands to boost e-exports from Bengal

We use cookies and other tracking technologies to improve your browsing experience on our site, show personalize content and targeted ads, analyze site traffic, and understand where our audience is coming from. You can also read our privacy policy, We use cookies to ensure the best experience for you on our website.The event featured keynote sessions on e-commerce exports opportunities, master classes on various aspects of e-commerce exports, and on-the-spot registrations on Amazon Global Selling for the attending exporters. News See whats happening in Retail sector right now Exclusive Read and get insights from specially curated unique stories from editorial Leaders Speak Business leaders sharing their insights Events Explore and discuss challenges & trends in India's leading B2B events Awards Recognise work that not only stood out but was also purposeful Webinars Join leaders & experts for roundtables, conferences, panels and discussionsSubscribe to our Daily NewsletterBy continuing you agree to our Privacy Policy & Terms & Conditions Advertise With Us We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc. Download ETRetail App Save your favourite articles with seamless reading experience Get updates on your preferred social platform Follow us for the latest news, insider access to events and more.About UsContact UsNewsletters

LatestLY |

WBIDC, FICCI, Amazon Join Hands to Boost E-exports from Bengal

Kolkata, Jun 9 (PTI) The West Bengal government wants to boost e-commerce export opportunities in the state harnessing online trading plaforms. Speaking at an e-export haat organised by WBIDC, FICCI and Amazon here on Thursday, West Bengal Industry, Commerce & Enterprises Minister Shashi Panja said technology-led e-commerce exports can provide a great platform for the state's exporters. Also Read | Cyclone Biparjoy Tracker Latest Update: Very Severe Cyclonic Storm To Intensify in Next 36 Hours, Says IMD. The event at Silpa Sadan here was attended by over 200 potential exporters and MSMEs from Kolkata and other districts of the state, a statement said. The event featured keynote sessions on e-commerce exports opportunities, master classes on various aspects of e-commerce exports, and on-the-spot registrations on Amazon Global Selling for the attending exporters. Also Read | Rs 2,000 Notes Worth Rs 1.80 Lakh Crore Have Come Back in Banks So Far, Says RBI Governor Shaktikanta Das. "We are delighted to join hands with WBIDC and FICCI to open up e-commerce exports opportunity for an even larger number of exporters from the state,” Amazon India director, global trade, Bhupen Wakankar said. FICCI chairman (West Bengal) Rudra Chatterjee said, “FICCI is excited to collaborate with WBIDC and Amazon for the e-export haat. As India works towards its target of USD 1 trillion in merchandise export by 2030, it is crucial for all players in the ecosystem to come together and enable MSMEs to leverage the opportunity.”(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Copyright © Latestly.com All Rights Reserved.

Devdiscourse |

WBIDC, FICCI, Amazon join hands to boost e-exports from Bengal

The West Bengal government wants to boost e-commerce export opportunities in the state harnessing online trading plaforms.Speaking at an e-export haat organised by WBIDC, FICCI and Amazon here on Thursday, West Bengal Industry, Commerce & Enterprises Minister Shashi Panja said technology-led e-commerce exports can provide a great platform for the state’s exporters.The event at Silpa Sadan here was attended by over 200 potential exporters and MSMEs from Kolkata and other districts of the state, a statement said.The event featured keynote sessions on e-commerce exports opportunities, master classes on various aspects of e-commerce exports, and on-the-spot registrations on Amazon Global Selling for the attending exporters.''We are delighted to join hands with WBIDC and FICCI to open up e-commerce exports opportunity for an even larger number of exporters from the state,” Amazon India director, global trade, Bhupen Wakankar said.FICCI chairman (West Bengal) Rudra Chatterjee said, “FICCI is excited to collaborate with WBIDC and Amazon for the e-export haat. As India works towards its target of USD 1 trillion in merchandise export by 2030, it is crucial for all players in the ecosystem to come together and enable MSMEs to leverage the opportunity.”(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) Email: info@devdiscourse.com Phone: +91-720-6444012, +91-7027739813, 14, 15 © Copyright 2023

The Print |

WBIDC, FICCI, Amazon join hands to boost e-exports from Bengal

Kolkata, Jun 9 (PTI) The West Bengal government wants to boost e-commerce export opportunities in the state harnessing online trading plaforms.Speaking at an e-export haat organised by WBIDC, FICCI and Amazon here on Thursday, West Bengal Industry, Commerce & Enterprises Minister Shashi Panja said technology-led e-commerce exports can provide a great platform for the state’s exporters.The event at Silpa Sadan here was attended by over 200 potential exporters and MSMEs from Kolkata and other districts of the state, a statement said.The event featured keynote sessions on e-commerce exports opportunities, master classes on various aspects of e-commerce exports, and on-the-spot registrations on Amazon Global Selling for the attending exporters.“We are delighted to join hands with WBIDC and FICCI to open up e-commerce exports opportunity for an even larger number of exporters from the state,” Amazon India director, global trade, Bhupen Wakankar said.FICCI chairman (West Bengal) Rudra Chatterjee said, “FICCI is excited to collaborate with WBIDC and Amazon for the e-export haat. As India works towards its target of USD 1 trillion in merchandise export by 2030, it is crucial for all players in the ecosystem to come together and enable MSMEs to leverage the opportunity.” PTI BSM MNB MNBThis report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.Subscribe to our channels on YouTube & TelegramSupport Our JournalismIndia needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.Sustaining this needs support from wonderful readers like you.Whether you live in India or overseas, you can take a paid subscription by clicking here.Support Our Journalism Copyright © 2023 Printline Media Pvt. Ltd. All rights reserved.

The Week |

WBIDC FICCI Amazon join hands to boost e-exports from Bengal

Kolkata, Jun 9 (PTI) The West Bengal government wants to boost e-commerce export opportunities in the state harnessing online trading plaforms.    Speaking at an e-export haat organised by WBIDC, FICCI and Amazon here on Thursday, West Bengal Industry, Commerce & Enterprises Minister Shashi Panja said technology-led e-commerce exports can provide a great platform for the state’s exporters.    The event at Silpa Sadan here was attended by over 200 potential exporters and MSMEs from Kolkata and other districts of the state, a statement said.    The event featured keynote sessions on e-commerce exports opportunities, master classes on various aspects of e-commerce exports, and on-the-spot registrations on Amazon Global Selling for the attending exporters.    "We are delighted to join hands with WBIDC and FICCI to open up e-commerce exports opportunity for an even larger number of exporters from the state,” Amazon India director, global trade, Bhupen Wakankar said.    FICCI chairman (West Bengal) Rudra Chatterjee said, “FICCI is excited to collaborate with WBIDC and Amazon for the e-export haat. As India works towards its target of USD 1 trillion in merchandise export by 2030, it is crucial for all players in the ecosystem to come together and enable MSMEs to leverage the opportunity.” (This story has not been edited by THE WEEK and is auto-generated from PTI)Copyright © 2023 All rights reserved

Republic World |

WBIDC, FICCI, Amazon join hands to Boost E-exports from Bengal

SEARCHQuick links:India News World NewsSports NewsEntertainment NewsTechnology NewsShowsBusiness NewsElectionsImage: ANIThe West Bengal government wants to boost e-commerce export opportunities in the state harnessing online trading plaforms.Speaking at an e-export haat organised by WBIDC, FICCI and Amazon on Thursday, West Bengal Industry, Commerce & Enterprises Minister Shashi Panja said technology-led e-commerce exports can provide a great platform for the state’s exporters.(function(v,d,o,ai){ai=d.createElement('script');ai.defer=true;ai.async=true;ai.src=v.location.protocol+o;d.head.appendChild(ai);})(window, document, '//a.vdo.ai/core/v-republicworld-v1/vdo.ai.js');The event at Silpa Sadan here was attended by over 200 potential exporters and MSMEs from Kolkata and other districts of the state, a statement said.The event featured keynote sessions on e-commerce exports opportunities, master classes on various aspects of e-commerce exports, and on-the-spot registrations on Amazon Global Selling for the attending exporters."We are delighted to join hands with WBIDC and FICCI to open up e-commerce exports opportunity for an even larger number of exporters from the state,” Amazon India director, global trade, Bhupen Wakankar said.FICCI chairman (West Bengal) Rudra Chatterjee said, “FICCI is excited to collaborate with WBIDC and Amazon for the e-export haat. As India works towards its target of USD 1 trillion in merchandise export by 2030, it is crucial for all players in the ecosystem to come together and enable MSMEs to leverage the opportunity.” (Disclaimer: This story is auto-generated from a syndicated feed; only the image & headline may have been reworked by www.republicworld.com)

Press Trust of India |

WBIDC, FICCI, Amazon join hands to boost e-exports from Bengal

Updated: Jun 9 2023 7:30PM Kolkata, Jun 9 (PTI) The West Bengal government wants to boost e-commerce export opportunities in the state harnessing online trading plaforms. Speaking at an e-export haat organised by WBIDC, FICCI and Amazon here on Thursday, West Bengal Industry, Commerce & Enterprises Minister Shashi Panja said technology-led e-commerce exports can provide a great platform for the state’s exporters. The event at Silpa Sadan here was attended by over 200 potential exporters and MSMEs from Kolkata and other districts of the state, a statement said.Please log in to get detailed story. Press Trust Of India (PTI) is India's premier news agency, with a reach as vast as the Indian Railways'. It employs nearly 400 journalists and 500 stringers to cover almost every city and small town in India. Collectively, our journalists put out more than 1,000 stories and 250 photographs including graphics every day to feed the appetite of the diverse subscribers, who include the mainstream media, the specialized presses, research groups, companies, and government and non-governmental organizations. The Press Trust Of India Ltd.PTI building 4, Parliament Street, New Delhi-110 001© PTI 2021, All Right ReservedDesigned by: 4c Plus

The Times of India |

WBIDC, FICCI, Amazon join hands to Boost E-exports from Bengal

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Telegraph India |

Bengal sets target to double state's textile industry to Rs 70,000 in five years

Bengal finance and industries minister Amit Mitra on Friday estimated Bengal’s textile sector potential at Rs 70,000 crore over the next five years from Rs 35,000 crore now. The minister also estimated the state’s export potential at 10 per cent of national exports, significantly higher than the current level of 2.7 per cent.

The growth can be supported through a combination of infrastructure in the form of textile parks — both existing and upcoming projects at Nungi and Budge Budge - and through state support in the form of interest subvention and marketing.

Addressing a session on the textile sector supported by industry body FICCI, Mitra said Bengal has core competencies in five areas - hosiery, handloom, ready made garments, powerlooms and silk. He added that the industry department was also exploring whether a continuous polymerisation plant can be set up in Bengal.

“Potential in exports is much more than what we have achieved so far. Our export is relatively small at 2.7 per cent share of India’s export. This is because we produce a lot but for the domestic market. Can we set a target of 10 per cent in next 3-5 years?” Mitra said.

He added that the textile sector in the state was valued at Rs 35,000 crore. “I am setting a target of a minimum of Rs 65,000 crore to Rs 70,000 crore within the next 3-5 years,” he said.

On the hosiery industry, Mitra said that the state has 2,500 knitting machines and employs around 2 lakh people. This can go up to 10,000 knitting machines.

“You need to tell us where you want us to invest. You want promotional work, we can do that. You want us to network with the countries, we are ready to do that,” Mitra said.

On readymade garments Mitra said that the number of manufacturing hubs can be scaled up from 30 to 60 and production and employment can be doubled. The state has 3 lakh handlooms and employs around 7 lakh people. There was a need for a design centre inclusive of handloom products that can penetrate the global markets.

The state has also offered 4 per cent interest subvention for 1 lakh handloom weavers and there is potential to double the numbers, Mitra said.

WBIDC chairman Rajiva Sinha said the private sector has to play a crucial role along with the government to achieve the proposed targets.

Business Standard |

West Bengal will grow by at least 1.2% in FY21 despite Covid: Amit Mitra

Despite the Covid-19 pandemic, West Bengal’s GSDP will grow by 1.2 per cent in 2020-21, said state finance and industry minister, Amit Mitra.

Mitra said that according to the latest data available on advance estimate, West Bengal will not only not shrink, but will grow by at least 1.2 per cent. “It may be even higher than that,” he added, while drawing a contrast with the Indian economy, which is projected to contract by 7.7 per cent.

Mitra addressed the Bengal Business Conclave & Synergy - a conclave organized by different departments of the state government and supported by FICCI- virtually. The conclave focused on five districts - Howrah, Hooghly, North 24 Parganas, South 24 Parganas and Kolkata.

A major part of West Bengal’s growth comes from the MSME sector; there are about nine million units in the state. Mitra said that till end-December, banks had lent about Rs 50,000 crore to the MSMEs. “By the end of March, there are chances that it will go up to Rs 70,000-75,000 crore,” he added.

Before the pandemic, the State Level Bankers Committee (SLBC) had set a disbursement target of Rs 90,000 crore for the fiscal.

Apart from facilitating bank lending, the state government was also looking to simplify procedure to allot land in the industrial parks operated by three government agencies. These agencies offered land on different terms and separate names – industrial parks, industrial estates and growth centres – to MSMEs as well as large industries.

The state has now decided that terms of conditions of offering land, lease terms, transfer rate, etc. would be standardized and put up on the website.

India Education Diary |

West Bengal govt making extra efforts to combat counterfeiting, smuggling: Minister-in-Charge, Consumer Affairs Department, Govt of West Bengal

Mr Sadhan Pande, Minister-in-Charge, Consumer Affairs Department, Govt. of West Bengal, today said, “Counterfeiting and smuggling are two major economic crimes that are happening around the globe and the West Bengal government is making extra efforts to combat such crimes even during this pandemic.

Addressing a webinar ‘Combating Counterfeiting and Smuggling during the COVID-19 pandemic and beyond’, organized by FICCI’s Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (CASCADE), Mr Pande invited CASCADE to join hands with his department to run a campaign on the subject in West Bengal.
Mr Deepankar Aron, Additional Director General, Directorate of Revenue Intelligence (DRI), Kolkata said that smuggling and counterfeiting is the second most significant illegal trade. Citing recent major detections effected by DRI and Customs formations, Mr Aron said that in last one year, 570 kgs of gold valued at Rs 220 crores and foreign currency worth Rs 30 crore was seized. Several cases of smuggled cigarettes were detected where a total of 2.6 crores of cigarette sticks valued at around Rs 26 crores were seized, he added.
Mr Hem Pande, Former Secretary, Dept. of Consumer Affairs, GoI said that the menace of illicit trade is impacting jobs, economy and creating havoc all around the world. “Strengthening enforcement and empowering consumers to combat such crimes should be the constant endeavour,” he added.

Mr Anil Rajput, Chairman, FICCI CASCADE heartily welcomed the enterprising and effective suggestions made by the Minister of Consumer Affairs, West Bengal Government, senior representative of DRI and participants from the Federation for Consumer Association. He said, “I am delighted that a suggestion has been made that the West Bengal government and FICCI CASCADE join hands and work together on the extremely important aspect of consumer awareness. Illicit trade is indeed a big menace, and we all have to work together to eradicate this evil, which has made deep inroads in our country.”

The webinar also highlighted the efforts of the Industry in tackling the flow of illicit products during the current crisis; role that the government and enforcement agencies can play to thwart criminals who are cashing in during the crisis and highlighted areas of concern in consumer safety. The webinar was attended by industry, government officials, officers from the enforcement agencies and stakeholders in this segment.

As businesses suffer during the current crisis, illegal operators are using this opportunity to provide illicit alternatives of goods both online and offline. Hence, arresting the sale of such goods at this time needs immediate and unwavering attention. The webinar focused on the state of West Bengal and was a part of a series of such interactions to be organised across the country by FICCI CASCADE to highlight this issue and elicit response from different states.

Worldwide reports indicate an increase in the availability and type of fraudulent products intended to exploit the fears of consumers. Joint operations by the World Customs Organization, Europol and Interpol have resulted in a significant increase in seizures of counterfeit and unauthorized face masks and hand sanitizers. As per the DRI (Directorate of Revenue Intelligence), the major commodities smuggled outright into India from the eastern and north eastern India, include gold, silver, FICN, cigarettes, black pepper, readymade garments, toiletries and cosmetics, wild life, dates, electronic goods etc.

The Telegraph |

Abhijit Banerjee offers 'print money' pill

Nobel laureate Abhijit Vinayak Banerjee has a simple policy prescription for India as its economy shrivels under the impact of the coronavirus crisis: Print money liberally and transfer cash directly to the sections of society that need it most.

The economist suggested that countries such as India should not worry too much about macroeconomic stability and fiscal slippages and should do ‘whatever it takes’ to help those who are vulnerable to the economic shock that many fear might be greater and more pervasive than the Great Depression of 1929.

“Forget about the macro worries. We can avoid a 1929-like situation. Go long on printing money,” said the Nobel prize-winning economist who is the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology.

Speaking at a webinar organised by the Bengal chapter of FICCI on Wednesday, Banerjee and his economist wife and fellow Nobel laureate Esther Duflo suggested that the pandemic may throw up a great opportunity for industry in anything to do with hospital infrastructure.

Joining the webinar from their Boston residence, the economist duo interacted with several industry leaders who were plugging in from their homes.

Throwback to 1929?

Asked whether the short-term impact of the outbreak would be more like the global financial crisis of 2008 or the Great Depression of 1929, Duflo picked the latter.

“The short-term effect would be more like 1929 but the response of the various governments will be critical (to the speed of the recovery),”said Duflo, director of the Washington-based Center for Economic and Policy Research’s development economics programme.

Banerjee, however, considered that the impact could be mitigated to a large extent and become comparatively short lived as witnessed in 2008 if governments become more fiscally liberal.

“We should be very liberal about printing money and give it to those who need it by direct transfer, and fix the banks,” Banerjee said. He emphasised that construction workers, truckers, and those involved with logistics mostly hail from eastern states such as Bengal and are hard up because they can't remit money, afflicting their households.

The Centre had announced a Rs 1.7- lakh-crore of economic relief package aimed at providing a safety net to the vulnerable section of the society. About 80 crore people will get free cereals, cooking gas and cash transfers as a result.

Radical stand

Banerjee refused to say whether this was enough but argued that India continued to tread a cautious fiscal path. Questioned if a liberal policy could mean downgrade of credit rating and a weakening rupee, Banerjee said those should not be big concerns now. “I do not think India will ever default on its loan. So, we need not worry about ratings. And as long as international crude prices remain low, rupee devaluation should not be a problem,” he added.

When informed that banks had only provided a three-month moratorium on loans, Banerjee said these loan repayment instalments ought to be waived.

“After all, banks are being capitalised by taxpayers' money all the time,” he said as justification for his radical suggestion.

United News of India |

Flipkart & FICCI conduct workshop for MSMEs in Kolkata to help accelerate their growth

Flipkart, India’s homegrown e-commerce marketplace, in collaboration
with the Federation of Indian Chambers of Commerce and Industry (FICCI) today organised a workshop “Winning big with e-commerce” for MSMEs in Kolkata.

This workshop is part of a series of workshops that Flipkart and FICCI are conducting
through a partnership they entered in November 2019 to help MSMEs leverage e-commerce to grow their business.

Through these workshops, MSMEs will learn how to expand their reach beyond their
physical brick-and-mortar presence to a pan-India customer base of over 200 million.
The workshops are designed to support MSMEs with the right knowledge, insights and
capabilities to run a successful online business. They will cover areas such as business
growth planning, accounting and taxation, access to capital, identifying new opportunities, the significance of digital brand building, developing and scaling brands, managing supply chain and inventory planning amongst others.

MSMEs are critical drivers for the economic growth of the country, developing
manufacturing ecosystems and generating local employment for millions.

The exponential growth of the Indian e-commerce industry has enormous potential to
serve the MSME sector by providing new growth opportunities. Through these workshops,

Flipkart aims at providing MSMEs with a platform to focus on sustained, accelerated
growth and help them boost their brand visibility.

Rajneesh Kumar, Senior Vice President and Chief Corporate Affairs Officer, Flipkart,
said, “As a homegrown company, we understand the vital role played by MSMEs in
creating employment opportunities and directly contributing to India’s robust economy.
We must empower such businesses with innovative technology and training to achieve
faster and sustained growth. West Bengal is an important state for us. With this workshop, we look forward to welcoming MSMEs in Kolkata & other parts of the State into the e-commerce fold over the coming months as we progress towards creating a more robust and democratic and inclusive e-commerce marketplace.”

Flipkart aims to host over ten such workshops in the year, across cities such as
Bhubaneshwar, Chandigarh, Guwahati, Nagpur amongst others.

Raj Kumar Chhajer, Chairman, FICCI – West Bengal State MSME Committee, in his
welcome remarks mentioned, “FICCI is happy to partner with Flipkart group to organise such workshops across the country and specifically in Kolkata to support the growth of MSMEs in the emerging digital economy aimed at fostering the inclusion, growth and success of MSMEs in e-commerce.”

Anurag Srivastava, IAS, Director, Directorate of MSME, Govt. of West Bengal, in his
address mentioned, “These workshops will create awareness among MSMEs on the potential of the e-commerce marketplace, the importance of brand building online and how to build and scale their brands.”

The workshop was attended by over 80 entrepreneurs from MSME sectors such as
handloom and handicrafts, gems and jewellery, garments, agri- and food processing, home and office décor, leather, education, engineering, sweets and confectionery and more.

P. Mohan Gandhi, IAS, Managing Director, West Bengal State Industrial Development Corporation Ltd. and ex-officio Secretary, Department of MSME & Textiles, Government of West Bengal in his Keynote address welcomed the initiative by Flipkart and FICCI for providing MSMEs of the state an opportunity to leverage the potential of e-commerce marketplace. In his address he said, “West Bengal is home to the 2nd highest number of MSMEs in the country and workshops like these are a chance for them to interact with online marketplaces to clear their doubts and understand this industry better. The state government is keen to take this initiative forward."

The partnership with FICCI for the workshop in Kolkata is the latest in the many steps taken by Flipkart towards making e-commerce more inclusive and welcoming India’s small businesses and sellers to the e-commerce fold.

United News of India |

Bengal Govt to supply piped gas

The West Bengal Government has set a target of supplying cooking gas through pipelines to around 15 lakh domestic users in areas under KMDA, within the next five years.

The State Finance and Industry Minister, Dr Amit Mitra said this while speaking at an interactive session, ‘Gas Industry in West Bengal’, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) in Kolkata.

He said that natural gas is a focus area of the State Government and there is huge business potential for industrial, commercial, transport and domestic sectors.

The Telegraph |

Bengal summit to help test industry pulse

The annual edition of Bengal’s showcase business summit, which begins on Thursday, will test chief minister Mamata Banerjee’s pull among India’s top industrialists as the two-day event unfolds within days of a high-decibel political standoff with the Centre and about three months before the general election.

Reliance Industries chairman Mukesh Ambani will be the top draw at the fifth edition of the Bengal Global Business Summit 2019 that will also see participation from JSW Group’s Sajjan Jindal and Rajan Mittal of Bharti Enterprises, apart from a host of foreign delegates.

Ambani is expected to outline his plan for the 40-acre plot Reliance Jio took up in Silicon Valley at Rajarhat where a telecom equipment unit may come up. He will also have a one-on-one with Banerjee.

Around 12 nations will be “partner countries” at the summit with the UK, Italy and Poland joining the event at the Biswa Bangla Convention Centre in Rajarhat along with Luxembourg, which will be participating in a business summit in India for the first time.

“There is a palpable expectation that Banerjee’s Trinamul Congress may play a pivotal role in the formation of the next government in Delhi. Businessmen, who always hedge their bet among various political combinations, would not let such an opportunity go abegging to meet and greet her,” a city-based industrialist said.

The West Bengal Industrial Development Corporation, the nodal agency in charge of holding the summit in association with FICCI, along with other entities of the state government, however, is not banking on the optics of investment jamborees alone.

Under the leadership of Amit Mitra, who wears several hats in Banerjee’s ministry, including finance, industries and information technology, the government will present a “shelf of 150 investable projects” in 17 sectors before potential investors to pick and choose from.

All put together, they represent an investment opportunity of $17.8 billion, or Rs 125,000 crore, according to a booklet that will be made available on Thursday.

The areas of highest investment potential are MSME and textiles, multi-product industrial parks, power and mining, chemicals, iron and steel and logistics and port, contributing to almost 90 per cent of the total opportunity in the state.

The Tajpur port, which was slated to be developed jointly with the Centre, will account for nearly one-sixth of the total opportunities. Last month, the Bengal cabinet decided to walk out of the project and develop it alone with a private partner. Investors will keenly watch for an announcement on this project.

There is also a possibility that an announcement regarding the container port at Kulpi could be made at the event.

However, Banerjee’s high-pitched opposition to Prime Minister Modi will spell one casualty. Union ministers are unlikely to attend the summit. None of the ministers have confirmed their participation even as invitations were sent to all, sources in Nabanna said.

“This year we invited them. Suresh Prabhu has sent a video message. I have no issues. Because government is government and it is a constitutional obligation. I wish to keep in touch with the Centre always,” Banerjee said.

Investors will also look out for the success stories other than mere optics before committing their money. For instance, Luxembourg decided to join the event primarily because of the two companies already operating out of here.

“In Bengal, we have, among others, two companies — Ceratizit and Amer-Sil Ketex — who have an impressive track record in their domain in the country,” Jean Claude Kugener, ambassador of Luxembourg, said while explaining why it chose Bengal first. Luxembourg is heading a delegation of six companies.

Khabar India |

GAIL To Make Investment For Construction Of Natural Gas & CNG Pipelines

GAIL (India) Limited, the largest state-owned natural gas processing and distribution company, is all set to make a fresh investment of Rs 5,000 crore for the construction of pipelines to supply gas and CNG in Bengal in the next 5-6 years. The project is being executed as a part of Pradhan Mantri Urja Ganga Pipeline Project. A 555 km long pipeline will pass through eight districts in the state, such as Purulia, Bankura, Burdwan, Nadia, Hooghly, Howrah, East Midnapore and North 24-Parganas.

S Bairagi, CGM (Marketing), GAIL, was speaking to reporters on the sidelines of an interactive session on ‘Gas Industry in West Bengal’, organised by FICCI at a city hotel on Wednesday. The project is expected to be completed up to Durgapur within July 2019, while it would be done up to Kolkata within July 2020. Gas pipeline will then go up to Haldia in East Midnapore. The projects will be done in various phases. Further project activities for execution of pipeline in Bengal up to Haldia and city gas distribution in Kolkata are also expected to commence shortly. The project will usher industrial development in the eastern part of the country by supplying environmentally clean natural gas to fertiliser and power plants, refineries, steel plants and other industries.

The Telegraph |

Stage set for Bengal's 1st LNG terminal

Decks have been cleared for the first LNG terminal in Bengal with Mumbai-based H-Energy planning to start construction of the Rs 1,500-crore project from June.

The company, promoted by the Hiranandanis, last week received a favourable order to lay a pipeline from Kukrahati, near Haldia, to Bangladesh border, enabling the 3-million-tonne terminal on the banks of the Hooghly river.

The project will also involve a 10-km underwater pipeline connecting Kukrahati on the west bank of the Hooghly to Falta, a multi purpose special economic zone on the east. Moreover, this line will connect with the city gas distribution network that GAIL and Greater Calcutta Gas Supply Corporation plan to build to supply gas to homes and CNG for transportation.

“Our terminal will be up and ready by the end of 2020. The re-gassification terminal will entail an investment of Rs 1,500 crore and another Rs 2,200 crore for pipeline,” Darshan Hiranandani, managing director and CEO of H - Energy, said on Wednesday.

He was speaking at a seminar on the gas industry in Bengal organised by FICCI, which was attended by Bengal industry minister Amit Mitra and Vandana Yadav, managing director of the West Bengal Industrial Development Corporation.

Mitra predicted that the state may attract an investment of Rs 50,000 crore in the natural gas sector, especially from exploration and production of shale gas by two existing coal bed methane producers - Great Eastern Energy Corporation and Essar.

Y.K. Modi, chairman of GEECL, and his son Prashant Modi, who were also present at the seminar, batted for more time for existing CBM players to extract shale gas.

“We have decided on a model where LNG will be transloaded from big mother ships to smaller daughter vessels at Paradip and from there it will be transported to the re-gassification terminal at Haldia,” Hiranandani said. Because of the low draft in the river, only vessels carrying 15,000 tonnes of parcel load will come to Kukrahati.

The terminal will have an initial capacity of 3 million tonnes per annum which can be ramped up to 5 million tonnes per annum depending on demand.

Getting the approval of the pipeline was crucial for the viability of the project as two-thirds of the gas is heading to Bangladesh.

The company will source LNG from Petronas in Malaysia. It will also supply to the local industry at Haldia, apart from Falta. It will deploy a truck network to supply to small customers.

H-Energy has a 2-million-tonne-per annum long-term supply contract with Bangladesh, which will start from 0.5 million tonnes per annum and then go up subsequently.

The Pioneer |

Bengal holds Rs 50K cr shale gas hope but with riders

Shale gas may turn as a boon to West Bengal’s investment map with a potential of Rs 50,000 crore over the next several years but proper regulatory framework, environmental or social factors needs to be handled properly.

“In West Bengal shale gas and related sector offers an investment potential of Rs 50,000 crore and huge employment opportunity,” State Finance Minister Amit Mitra said on Wednesday at FICCI organised Gas Industry in West Bengal.

Great Eastern Energy Corp (GEECL) and Essar Oil who are producing CBM in the Ranigunj belt had expressed interest in exploring and extracting shale gas and under the new licensing regime Government has allowed shale exploration from CBM blocks.

“GEECL had already announced to invest $2 billion over next 10 years in shale gas extraction. Given the opportunity in existing blocks and potential blocks investment could as high as Rs 50,000 crore,” GEECL MD & CEO Prasant Modi said.

He called for conducive regulatory framework and increasing the licensing period to make it viable to invest in the project.

Investment from Essar Oil will be similar as the reserves for both are almost similar.

GEECL’s coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said.

The Raniganj block has a shale gas potential of 7.7 trillion cubic feet (tcf), Essar officials had said earlier.

But, several experts have flagged environmental and social concerns in shale gas exploration.

An environmental NGO had urged the Government to undertake research to explore the link between fracking, groundwater resources and ‘land subsidence’ before auctioning the the shale blocks.

A presentation made by a West Bengal Pollution Control Board official earlier said water requirement is 11,000 to 15,000 m3 for one well (the estimate is of the same order of 7-19 million litres per well according to a field data from a US gas field).

Since the wells are horizontal and multilateral, there is high possibility of ground water contamination which may be a concern for the people in the belt, the presentation has said.

millenniumpost |

Govt set to supply gas through pipeline to 15 lakh households under KMDA in next 5 years

The state government has set a target of supplying piped gas line to around 15 lakh domestic users in areas under KMDA, within the next five years, said state Finance and Industry minister Amit Mitra.

He was speaking on Wednesday at an interactive session on 'Gas Industry in West Bengal', organised by FICCI in the city.

While delivering his address, he said that natural gas is a focus area of the state government and there is huge business potential for industrial, commercial, transport and domestic sectors. Gas industry can also provide huge employment in the producer sector, consumer sector and infrastructure sector.

"Natural gas is one of the main focus areas in the state, which will bring huge investment and employment in the days to come. Chief Minister Mamata Banerjee has laid great emphasis on the green energy sector and a great a deal of work has been initiated in this regard. The government will take this initiative forward as it generates huge employment," Mitra said.

Around 44,705 inch km pipeline (all types) will be commissioned within the next five years, with a compression capacity of 14,62,100 kg/day. The project is expected to start from April 1, 2019, with an economic life of 25 years.

The outcome is expected to give a major boost to business and industry. There is only 7% use of natural gas at present and the focus is on taking it to higher levels, Mitra added.

The minister also pointed out that ONGC has discovered natural gas reserves in Ashokenagar in North 24-Parganas. Around one lakh cubic meters per day of gas flowed from one object that was tested.

They are looking at commercial exploitation of the gas reserves. The geographical location of Ashokenagar is near Bangladesh and it would open up new avenues if it can be turned into a commercially exploitable one.

The discovery will now be assessed for its viability, Mitra said.

Vandana Yadav, managing director of WBIDC, said green energy is the future of the state and so it has been given an emphasis. Both the public and private sectors are working together in this regard.

millenniumpost |

H-Energy to start Rs 3,700-cr Bengal LNG project by July

Hiranandani Group-promoted H-Energy which is implementing a Rs 3,700-crore LNG project in West Bengal will start work by June-July this year, a top company official said Wednesday.

"We will begin construction of the gas terminal at Kukrahati estimated at Rs 1,500 crore in June-July this year and will require 18 months to complete," H-Energy, MD and CEO, Darshan Hiranandani said at FICCI organised meet here.

He said the legal hurdles in constructing the pipeline are over and the company can start work for the project anytime now. H-Energy will build a 150-km pipeline from Kukrahati (Haldia to Bangladesh border). H-Energy currently has a 2 million tonne per annum long term supply contract with Bangladesh. Supply to Bangladesh too will begin at 0.5 million tonne per annum in the first year and will be scaled up to 2 million tonne. A small under water pipeline to Falta will serve as a gate station for supply to Kolkata.

The first phase of the project includes setting up of a terminal at Kukrahati in the Purba Medinipur district of West Bengal over a 47 acre plot. The pipeline to Bangladesh will cost Rs 2,200 crore pipeline from Haldia.

"We have decided a model that will transload LNG at Paradip and from there it will transported via smaller vessels to the re-gasification terminal at Haldia for faster execution," Hiranandani said.

The terminal will have an initial capacity of 3 million tone per annum and can be ramped up depending on demand to 5 million tonne per annum.

Meanwhile, commercial operations of its project at Jaigarh (in Maharashtra) is expected to start operation by mid this year, he said. The terminal is a floating storage and regasification unit and is built at a cost of Rs 1,665 crore.

millenniumpost |

GAIL to make Rs 5,000 cr investment for construction of natural gas & CNG pipelines

GAIL (India) Limited, the largest state-owned natural gas processing and distribution company, is all set to make a fresh investment of Rs 5,000 crore for the construction of pipelines to supply gas and CNG in Bengal in the next 5-6 years. The project is being executed as a part of Pradhan Mantri Urja Ganga Pipeline Project. A 555 km long pipeline will pass through eight districts in the state, such as Purulia, Bankura, Burdwan, Nadia, Hooghly, Howrah, East Midnapore and North 24-Parganas.

S Bairagi, CGM (Marketing), GAIL, was speaking to reporters on the sidelines of an interactive session on 'Gas Industry in West Bengal', organised by FICCI at a city hotel on Wednesday. The project is expected to be completed up to Durgapur within July 2019, while it would be done up to Kolkata within July 2020. Gas pipeline will then go up to Haldia in East Midnapore.

The projects will be done in various phases. Further project activities for execution of pipeline in Bengal up to Haldia and city gas distribution in Kolkata are also expected to commence shortly. The project will usher industrial development in the eastern part of the country by supplying environmentally clean natural gas to fertiliser and power plants, refineries, steel plants and other industries.

Bengal has significant natural gas reserves, which will boost the state's economy and provide scope for huge employment generation in the future years, if explored commercially. State Finance and Industry minister Amit Mitra, who attended the programme, said that the city gas network and GAIL's joint venture project will create more employment in the state.

This will create huge employment in producing sector, consuming sector and infrastructure sector, which is the intermediation between producers and consumers.

India |

Bengal holds Rs 50,000 crore shale gas hope but with riders

Shale gas may turn as a boon to West Bengal’s investment map with a potential of Rs 50,000 crore over the next several years but proper regulatory framework, environmental or social factors needs to be handled properly.

“In West Bengal shale gas and related sector offers an investment potential of Rs 50,000 crore and huge employment opportunity,” state Finance minister Amit Mitra said on Wednesday at FICCI organised Gas Industry in West Bengal.

Great Eastern Energy Corp (GEECL) and Essar Oil who are producing CBM in the Ranigunj belt had expressed interest in exploring and extracting shale gas and under the new licensing regime government has allowed shale exploration from CBM blocks.

“GEECL had already announced to invest USD 2 billion over next 10 years in shale gas extraction. Given the opportunity in existing blocks and potential blocks investment could as high as Rs 50,000 crore,” GEECL MD & CEO Prasant Modi said.

He called for conducive regulatory framework and increasing the licensing period to make it viable to invest in the project.

Investment from Essar Oil will be similar as the reserves for both are almost similar.

GEECL’s coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said.

The Raniganj block has a shale gas potential of 7.7 trillion cubic feet (tcf), Essar officials had said earlier.

But, several experts have flagged environmental and social concerns in shale gas exploration.

An environmental NGO had urged the government to undertake research to explore the link between fracking, groundwater resources and ‘land subsidence’ before auctioning the the shale blocks.

A presentation made by a West Bengal Pollution Control Board official earlier said water requirement is 11,000 to 15,000 m3 for one well (the estimate is of the same order of 7-19 million litres per well according to a field data from a US gas field).

Since the wells are horizontal and multilateral, there is high possibility of ground water contamination which may be a concern for the people in the belt, the presentation has said.

The Economic Times |

West Bengal holds Rs 50,000 crore shale gas hope but with riders

Shale gas may turn as a boon to West Bengal's investment map with a potential of Rs 50,000 crore over the next several years but proper regulatory framework, environmental or social factors needs to be handled properly.

"In West Bengal shale gas and related sector offers an investment potential of Rs 50,000 crore and huge employment opportunity," state Finance minister Amit Mitra said on Wednesday at FICCI organised Gas Industry in West Bengal.

Great Eastern Energy Corp (GEECL) and Essar Oil who are producing CBM in the Ranigunj belt had expressed interest in exploring and extracting shale gas and under the new licensing regime government has allowed shale exploration from CBM blocks.

"GEECL had already announced to invest USD 2 billion over next 10 years in shale gas extraction. Given the opportunity in existing blocks and potential blocks investment could as high as Rs 50,000 crore," GEECL MD & CEO Prasant Modi said.

He called for conducive regulatory framework and increasing the licensing period to make it viable to invest in the project.

Investment from Essar Oil will be similar as the reserves for both are almost similar.

GEECL's coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said.

The Raniganj block has a shale gas potential of 7.7 trillion cubic feet (tcf), Essar officials had said earlier.

But, several experts have flagged environmental and social concerns in shale gas exploration.

An environmental NGO had urged the government to undertake research to explore the link between fracking, groundwater resources and 'land subsidence' before auctioning the the shale blocks.

A presentation made by a West Bengal Pollution Control Board official earlier said water requirement is 11,000 to 15,000 m3 for one well (the estimate is of the same order of 7-19 million litres per well according to a field data from a US gas field).

Since the wells are horizontal and multilateral, there is high possibility of ground water contamination which may be a concern for the people in the belt, the presentation has said.

Business Standard |

H-Energy Rs 3,700 crore Bengal LNG project work to start

Hiranandani Group-promoted H-Energy which is implementing a Rs 3,700-crore LNG project in West Bengal will start work by June-July this year, a top company official said Wednesday.

"We will begin construction of the gas terminal at Kukrahati estimated at Rs 1,500 crore in June-July this year and will require 18 months to complete," H-Energy, MD and CEO, Darshan Hiranandani said at FICCI organised meet here.

He said the legal hurdles in constructing the pipeline are over and the company can start work for the project anytime now.

H-Energy will build a 150-km pipeline from Kukrahati (Haldia to Bangladesh border). H-Energy currently has a 2 million tonne per annum long term supply contract with Bangladesh.

Supply to Bangladesh too will begin at 0.5 million tonne per annum in the first year and will be scaled up to 2 million tonne.

A small under water pipeline to Falta will serve as a gate station for supply to Kolkata.

The first phase of the project includes setting up of a terminal at Kukrahati in the Purba Medinipur district of West Bengal over a 47 acre plot.

The pipeline to Bangladesh will cost Rs 2,200 crore pipeline from Haldia.

"We have decided a model that will transload LNG at Paradip and from there it will transported via smaller vessels to the re-gasification terminal at Haldia for faster execution," Hiranandani said.

The terminal will have an initial capacity of 3 million tone per annum and can be ramped up depending on demand to 5 million tonne per annum.

Meanwhile, commercial operations of its project at Jaigarh (in Maharashtra) is expected to start operation by mid this year, he said. The terminal is a floating storage and regasification unit (FSRU) and is built at a cost of Rs 1,665 crore.

The Hindu Business Line |

H-Energy to kick-start LNG project in June

Hiranandani Group-promoted H-Energy is executing a ₹3,700-crore project to import and distribute LNG in West Bengal, and export the same to Bangladesh. Work should start from June/July.

The first phase of the project includes setting up of a re-gasification terminal at Kukrahati in the Purba Medinipur district of West Bengal, at an estimated cost of ₹1,500 crore over a 47-acre plot.

The other part entails setting up of a pipeline - worth ₹2,200 crore - from Haldia to the India-Bangladesh border, and a smaller city gate station on the outskirts of Kolkata for supply of city gas. According to Darshan Hiranandani, MD and CEO, H-Energy, the construction work, expected to begin June-July this year, should be completed over the next 18 months.

Supply to Bangladesh

“We have decided on a model that will have transloading at Paradip, and from there the gas will be brought via smaller vessels to the re-gasification terminal at Kukrahati for faster execution,” he told reporters on the sidelines of a FICCI-organised seminar here.

Re-gasification is a process that converts liquefied natural gas at -162°C temperature back to natural gas at atmospheric temperature.

LNG gasification plants can be located on land as well as on floating barges.

“We have also got court clearance to go ahead with the gas supply line to Bangladesh. Construction work will begin shortly.”

The terminal will have an initial capacity of three million tones per annum, and can be ramped up depending on demand to 5 million tonne per annum.

The company intends to execute the LNG project in phases.

H-Energy currently has a two million tonnes per annum long-term supply contract with Bangladesh. Supply to Bangladesh too will start at 0.5 million tonne per annum, and later scaled up. The remaining will be used for city gas projects in West Bengal.

According to Hiranandani, H-Energy will be importing its LNG from Malaysia with transloading facilities being offered at Paradip in Odisha.

Jaigarh project

H-Energy, he said, is expected to start full commercial operations at Jaigarh (in Maharashtra) later this year.

The 60-km pipeline - built at a cost of ₹400 crore and expected to be operational May onwards - connects the four-million tonne per annum (mtpa) terminal at the port of Jaigarh to the national gas grid at Dabhol.

The terminal is a floating storage and re-gasification unit (FSRU) and is built at a cost of ₹1,665 crore.

millenniumpost |

Mamata invites investment from Italy, assures all support

Exhorting the business fraternity of Italy to invest in the state, Chief Minister Mamata Banerjee assured them of all government support while addressing a joint meet by ASSOLOMBARDA, Italian Trade Commission, FICCI and government of West Bengal in Milan, Italy, on Monday.

Showcasing Bengal as the ideal business destination, Banerjee said that the state serves as the gateway to South-East Asia and the north-eastern states of the country.

"We are number one in MSME and the GSDP is higher than that of India during 2017-18," she said.

Stressing on factors that might be instrumental in spearheading business between Italy and Bengal, the Chief Minister said that the state is keen on investments where "technology from Italy" and "skill of Bengal" can be a fruitful partnership in the years to come.

"Italy has the technology and we have skilled labour and there is a huge scope for industrial growth if these two are combined," she said.

The Industrial and IT policy along with Bengal's land use policy has made huge strides, she maintained.

Banerjee further stated that the Bengal government has decided to set up a design centre where Italy could be a partner. She also invited the businessmen and their family members to come to Kolkata to attend the Bengal Global Business Summit (BGBS) scheduled to be held on February 7 and 8, 2019, at the Biswa Bangla Convention Centre in New Town.

"I invite you all to come to Kolkata for the BGBS along with your family members," she said and assured them of impeccable warmth and hospitality.

Investment possibilities from Italy in sectors like infrastructure, manufacturing, design and innovation, ICT, leather, textiles, agro-processing, tourism and automobiles were deliberated in detail during the meeting.

Potential investment from Italy in sectors like textiles, especially in yarn manufacturing, leather, agro-tools manufacturing, agro-business and food processing, waste to energy, handlooms and handicrafts under the MSME Sector were also discussed exhaustively.

"A lot of emphasis was given on possibilities of exchanges in academic and research fields between Italy and Bengal in the larger interest of student communities of both of us," she said in a social media post.

Banerjee said Italy is famous for its leather industry and in Bengal there is a huge scope for investment. Many industrial units, situated in Kanpur, are planning to shift to Bengal and so there is a great scope for expansion of the leather industry.

Drawing an example of undeniable love and emotion for football in both Italy and Bengal, the Chief Minister said that in Kolkata, games of Italian clubs, like AC Milan, are watched and much appreciated.

Similar to Bengal being the cultural hub of India, Italy is very developed in art and painting. "We are like two sisters and so, I believe, there can be tremendous understanding and deep business ties between us," Banerjee added.

newKerala.com |

How many proposals made at Bengal business summit fructify?

Against the backdrop of only half of the about Rs 8 lakh crore (over USD125 billion) investments proposed in the past three editions of Bengal Global Business Summit reaching the "process" stage, the just concluded fourth edition has seen a Rs 15,000 crore drop in proposals from last year.

Experts and economists say the challenge for the state now is to translate higher proportions of these proposals into Industrial Entrepreneur Memorandums (IEMs) filed with the Department of Industrial Policy and Promotion (DIPP) of the central government and also move into the implementation stage.

According to the state government, the 2015 and 2016 summits had fetched investment proposals of Rs 2.43 lakh crore and over Rs 2.5 lakh crore, respectively. The third edition netted proposals of over Rs 2.35 lakh crore.

This year, the summit has received proposals of about Rs 219,925 crore, the lowest since the government kicked off the process of branding the state.

Describing the latest edition as the "top of the top" business summit, Chief Minister Mamata Banerjee said: "Even last year, of what we discussed, 50 per cent of the businesses (proposals) are in process... Earlier also, the situation was like this."

Expressing satisfaction, West Bengal Finance and Commerce and Industries Minister Amit Mitra, a former Secretary General of industry lobby FICCI, said the state had done well to draw investments given the low gross capital formation in the country and slower Gross Domestic Product (GDP) growth.

Industry doyens like L.N. Mittal, Mukesh Ambani and Sajjan Jindal and other majors praised Banerjee's leadership and the state government for creating a friendly climate and an enabling policy infrastructure.

However, the chink in the armour remains the realisation of these business announcements.

The state's opposition parties -- the Congress, the Bharatiya Janata Party (BJP) and the Communist Party of India-Marxist (CPI-M) -- have demanded a White Paper from the government on the number of proposals the state had received in the earlier summits and those that had fructified.

"The signing of memorandum of understanding in a business summit, like this, will gain more relevance if these pacts are translated into filing in the Department of Industrial Policy and Promotion (DIPP) of central government. A general trend suggests that only about 10-15 per cent of the total proposals coming from these summits are filed with DIPP. Though, there are some exceptions, the trend is applicable to almost all the states and West Bengal is no exception," economist and Professor of Jadavpur University Ajitava Raychaudhuri told IANS.

Investments proposed at a particular summit do not necessarily have to be filed in the same year and the IEMs filed may include earlier proposals.

Union Commerce Ministry data suggests that out of 2,279 IEMs filed during the year 2016-17, 406 were for Gujarat, 376 for Maharashtra and 322 for Karnataka. However, in terms of proposed investments, Karnataka led with Rs 171,347 crore followed by Gujarat (Rs 73,559 crore) and Maharashtra Rs 38,188 crore.

In 2016-17, West Bengal bagged 63 IEMs worth Rs 4,690 crore.

"In terms of implementation of the Industrial Entrepreneur Memorandums, the picture is even worse. Again, the trend suggests that only about 10-15 per cent of IEMs filed are being reported as implemented. This is an all-India phenomenon and includes West Bengal. So, the challenge for the state is to improve the proportion of filings and implementations," Raychaudhuri added.

Do these summits have any relevance? Given the "dull" investment scenario in India, several states have been competing to net industries and investments and organising such business summits is becoming necessary to be in the competition, Raychaudhuri said.

"It wouldn't be correct to see West Bengal in isolation. The world economy, as well as India's, is going through a sluggish trend. Unless and until the country's economy is steadied, investors will continue to be cautious," economist and former Professor of Presidency University Debnarayan Sarkar said.

Echoing Raychaudhuri, Sarkar told IANS: "There is a marked difference between IEMs filed and investments proposed in summits. But West Bengal has a better translating rate than leading states. For example, in 2016, proposed investment of IEMs filed was about Rs 56,000 crore in Gujarat while IEMs implemented were worth about Rs 8,200 crore. In contrast, West Bengal saw about Rs 5,204 crore of proposed investments in 2016 and implementation was Rs 3,400 crore."

However, the flip side of the summit was absence of central ministers, which could be a direct off-shoot of Banerjee's constant anti-Narendra Modi stance.

Usually, central ministers attract industry honchos and public sector entities tend to announce projects that swell the investment kitty. But unlike the previous editions, no major business announcements surfaced from central PSUs this time.

According to official figures, 350 delegations from over 32 countries and over 4,000 delegates participated at the summit.

IndUS Business Journal |

How many proposals made at Bengal business summit fructify?

Against the backdrop of only half of the about Rs 8 lakh crore (over $125 billion) investments proposed in the past three editions of Bengal Global Business Summit reaching the “process” stage, the just concluded fourth edition has seen a Rs 15,000 crore drop in proposals from last year.

Experts and economists say the challenge for the state now is to translate higher proportions of these proposals into Industrial Entrepreneur Memorandums (IEMs) filed with the Department of Industrial Policy and Promotion (DIPP) of the central government and also move into the implementation stage.

According to the state government, the 2015 and 2016 summits had fetched investment proposals of Rs 2.43 lakh crore and over Rs 2.5 lakh crore, respectively. The third edition netted proposals of over Rs 2.35 lakh crore.

This year, the summit has received proposals of about Rs 219,925 crore, the lowest since the government kicked off the process of branding the state.

Describing the latest edition as the “top of the top” business summit, Chief Minister Mamata Banerjee said: “Even last year, of what we discussed, 50 per cent of the businesses (proposals) are in process… Earlier also, the situation was like this.”

Expressing satisfaction, West Bengal Finance and Commerce and Industries Minister Amit Mitra, a former Secretary General of industry lobby FICCI, said the state had done well to draw investments given the low gross capital formation in the country and slower Gross Domestic Product (GDP) growth.

Industry doyens like L.N. Mittal, Mukesh Ambani and Sajjan Jindal and other majors praised Banerjee’s leadership and the state government for creating a friendly climate and an enabling policy infrastructure.

However, the chink in the armour remains the realisation of these business announcements.

The state’s opposition parties — the Congress, the Bharatiya Janata Party (BJP) and the Communist Party of India-Marxist (CPI-M) — have demanded a White Paper from the government on the number of proposals the state had received in the earlier summits and those that had fructified.

“The signing of memorandum of understanding in a business summit, like this, will gain more relevance if these pacts are translated into filing in the Department of Industrial Policy and Promotion (DIPP) of central government. A general trend suggests that only about 10-15 per cent of the total proposals coming from these summits are filed with DIPP. Though, there are some exceptions, the trend is applicable to almost all the states and West Bengal is no exception,” economist and Professor of Jadavpur University Ajitava Raychaudhuri told IANS.

Investments proposed at a particular summit do not necessarily have to be filed in the same year and the IEMs filed may include earlier proposals.

Union Commerce Ministry data suggests that out of 2,279 IEMs filed during the year 2016-17, 406 were for Gujarat, 376 for Maharashtra and 322 for Karnataka. However, in terms of proposed investments, Karnataka led with Rs 171,347 crore followed by Gujarat (Rs 73,559 crore) and Maharashtra Rs 38,188 crore.

In 2016-17, West Bengal bagged 63 IEMs worth Rs 4,690 crore.

“In terms of implementation of the Industrial Entrepreneur Memorandums, the picture is even worse. Again, the trend suggests that only about 10-15 per cent of IEMs filed are being reported as implemented. This is an all-India phenomenon and includes West Bengal. So, the challenge for the state is to improve the proportion of filings and implementations,” Raychaudhuri added.

Do these summits have any relevance? Given the “dull” investment scenario in India, several states have been competing to net industries and investments and organising such business summits is becoming necessary to be in the competition, Raychaudhuri said.

“It wouldn’t be correct to see West Bengal in isolation. The world economy, as well as India’s, is going through a sluggish trend. Unless and until the country’s economy is steadied, investors will continue to be cautious,” economist and former Professor of Presidency University Debnarayan Sarkar said.

Echoing Raychaudhuri, Sarkar told IANS: “There is a marked difference between IEMs filed and investments proposed in summits. But West Bengal has a better translating rate than leading states. For example, in 2016, proposed investment of IEMs filed was about Rs 56,000 crore in Gujarat while IEMs implemented were worth about Rs 8,200 crore. In contrast, West Bengal saw about Rs 5,204 crore of proposed investments in 2016 and implementation was Rs 3,400 crore.”

However, the flip side of the summit was absence of central ministers, which could be a direct off-shoot of Banerjee’s constant anti-Narendra Modi stance.

Usually, central ministers attract industry honchos and public sector entities tend to announce projects that swell the investment kitty. But unlike the previous editions, no major business announcements surfaced from central PSUs this time.

According to official figures, 350 delegations from over 32 countries and over 4,000 delegates participated at the summit.

Business Line |

We have a land bank of 1 lakh acres for industrial use: Amit Mitra

Economist turned Finance Minister of West Bengal, Amit Mitra, was in Mumbai with just one objective. To impress upon the business community that the State has turned a new leaf after years of labour strikes. At a road show organised by FICCI for the Bengal Global Business Summit 2016, Mitra said that the Mamta Banerjee government being pro-poor did not mean it is anti-business. In an interview with BusinessLine, he shared his views on the emerging opportunities in West Bengal. Edited excerpts:

The image of West Bengal took a hit after the anti-Tata Motors agitation in Singur. What are the steps being taken to restore it?

I think the numbers speak for themselves, as the Tata Group employs 30,000 people in West Bengal. Their joint venture Tata Hitachi is expanding with three more subsidiaries. Tata Metaliks is asking for 300 acres of additional land in the State. The Group’s IT company, TCS, is setting a 40-acre campus. The top Tata companies are expanding in the State.

Any updates on the investment commitments made during the Bengal Global Business Summit held in January?

Commitments of ₹2.43-lakh crore were offered, of which, ₹91,000 crore is in the process of being deployed. Some companies have already bought land and others in the process of buying.

What is the land available for industrial projects in the State, as there is stiff resistance to land acquisition from local holders?

We already have 4,000 acres of fully developed infrastructure-enabled industrial land and another 4,000 acres is being developed. The various departments of the West Bengal Government are also holding over one lakh acres, which can also be used for industrial development. Our land bank is enough to meet the industrial requirements. We are also considering procuring land from companies that have closed down, for which a committee has also been formed. The land issue is a bogeyman created by others.

Business Line |

West Bengal kicks off road show for global business summit in January

In the run-up to a global business summit to be held in January, West Bengal today kicked off a road show to attract investors and asked industries to infuse money in the state.

"West Bengal government and top six industrialists are working together towards the growth that the state has generated. India has grown by 7.5 per cent, West Bengal has grown by 10.48 per cent," State Finance Minister Amit Mitra said.

He was speaking at Bengal Global Business Summit 2016- Investment Roadshow, organised by FICCI and West Bengal government here.

Open discussion

Mitra along with top state bureaucrats had an open discussion with six industrialists namely -- Harshavardhan Neotia of Ambuja Neotia Group, Sidharth Birla of Xpro India, Rajan Bharti Mittal of Bharti Enterprises, Y K Modi of Great Eastern Energy Corp, R V Kanoria of Kanoria Chemicals & Industries and Puneet Dalmia of Dalmia Bharat Group.

A similar road show will be conducted in Mumbai in the coming days, he said.

He said the state is growing at a faster rate than the country's because of a combination of hard work, pragmatic hardline direction and connect with the poor.

Further, Mitra said that state government has brought down fiscal deficit from 4.12 per cent to 3.08 per cent since it took charge and for the current fiscal, West Bengal targets to cut it further to 1.87 per cent.

Mitra also said that the present government has brought down the revenue deficit from 3.65 per cent to 1.7 per cent in 2013.

He said the previous government had a negative capital expenditure of (-)26 per cent, which meant no capital formation and asset creation was happening.

millenniumpost |

Bengal kicks off rally for global biz summit

The West Bengal government and FICCI jointly organised a road show on ‘Bengal Global Business Summit 2016’ here on Monday to attract investors and asked industries to infuse money in the state. State Finance Minister Amit Mitra said that during 2014-15 (Quarter-I), West Bengal’s Gross State Domestic Product grew by 8.9 per cent compared to 5.7 per cent and industrial sector rose 6.28 per cent compared to 4.2 per cent at the national level.

Mitra said the Bengal government has cut through time-consuming and resource-draining procedures in order to accelerate industrial growth. It has embarked upon smart public administration that is crucial for industrial competitiveness and economic growth. The road show was the run-up to a global business summit which is scheduled on January 8 and 9, 2016 in Kolkata.

The road show aimed at highlighting the huge investment opportunities available in West Bengal in the identified sectors including manufacturing, food processing, MSME and textiles, urban infrastructure and housing, hospitality, tourism and business of entertainment, healthcare, education and skill development, energy and infrastructure, IT software & hardware, financial services and transport.

FICCI president Jyotsna Suri said significant reforms in tax policy and tax administration have been introduced in the state to create a tax-friendly regime. West Bengal has been recognised by the Government of India for having the best online system for tax. Progressive policies like Investment and Industrial Policy 2013 and other sectoral policies have been received well by the investors. She said the road show was organised to project the investment potential of the state to a cross section of entrepreneurs and investors.

Mitra along with top state bureaucrats had an open discussion with six industrialists namely — Harshavardhan Neotia of Ambuja Neotia Group, Sidharth Birla of Xpro India, Rajan Bharti Mittal of Bharti Enterprises, YK Modi of Great Eastern Energy Corp, RV Kanoria of Kanoria Chemicals & Industries and Puneet Dalmia of Dalmia Bharat Group.

Senior officials of West Bengal government including S Kishore, principal secretary of Commerce and Industries; Debashis Sen, principal secretary of Urban Development Department and Krishna Gupta, managing director of WBIDC also interacted with potential investors.

millenniumpost |

Bengal kicks off rally for global biz summit

The West Bengal government and FICCI jointly organised a road show on ‘Bengal Global Business Summit 2016’ here on Monday to attract investors and asked industries to infuse money in the state. State Finance Minister Amit Mitra said that during 2014-15 (Quarter-I), West Bengal’s Gross State Domestic Product grew by 8.9 per cent compared to 5.7 per cent and industrial sector rose 6.28 per cent compared to 4.2 per cent at the national level.

Mitra said the Bengal government has cut through time-consuming and resource-draining procedures in order to accelerate industrial growth. It has embarked upon smart public administration that is crucial for industrial competitiveness and economic growth. The road show was the run-up to a global business summit which is scheduled on January 8 and 9, 2016 in Kolkata.

The road show aimed at highlighting the huge investment opportunities available in West Bengal in the identified sectors including manufacturing, food processing, MSME and textiles, urban infrastructure and housing, hospitality, tourism and business of entertainment, healthcare, education and skill development, energy and infrastructure, IT software & hardware, financial services and transport.

FICCI president Jyotsna Suri said significant reforms in tax policy and tax administration have been introduced in the state to create a tax-friendly regime. West Bengal has been recognised by the Government of India for having the best online system for tax. Progressive policies like Investment and Industrial Policy 2013 and other sectoral policies have been received well by the investors. She said the road show was organised to project the investment potential of the state to a cross section of entrepreneurs and investors.

Mitra along with top state bureaucrats had an open discussion with six industrialists namely — Harshavardhan Neotia of Ambuja Neotia Group, Sidharth Birla of Xpro India, Rajan Bharti Mittal of Bharti Enterprises, YK Modi of Great Eastern Energy Corp, RV Kanoria of Kanoria Chemicals & Industries and Puneet Dalmia of Dalmia Bharat Group.

Senior officials of West Bengal government including S Kishore, principal secretary of Commerce and Industries; Debashis Sen, principal secretary of Urban Development Department and Krishna Gupta, managing director of WBIDC also interacted with potential investors.

Business Line |

W. Bengal to regulate direct selling after Centre creates framework

West Bengal will take a formal view of regulating direct selling business after the Centre comes up with the broad legal framework for regulation of the sector.

West Bengal Minister of Consumer Affairs, Sadhan Pande this said on Thursday at a FICCI State Council organised meeting on the business of direct selling.

He felt that some of the direct selling companies could consider setting up manufacturing units in the State or get into an arrangement with local small sector organisations for producing their items.

The Minister said these companies could look into cutting their costs by having a local unit, which could serve the eastern and north-eastern regional markets.

Bejon Mishra, advisor to FICCI task force on direct selling, said a State-specific draft regulation on the sector was submitted to the West Bengal Government.

Rajat Wahi, Partner & Head, Consumer Division of KPMG in India, said this was a legitimate business model. He felt discontinuation of the practice of taking a ‘membership fee’ a few years ago by the direct sellers from the consumers had made this channel cleaner.

“Now it is like a consumer loyalty programme. It gives the consumers a choice without binding them in compulsion of buying the directly sold products,” he added.

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New Labour Codes will promote harmonious industrial relations, ensure higher productivity & create more jobs: Santosh Kumar Gangwar

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Bengal Global Business Summit attracts top business leaders FICCI partners West Bengal in promoting the state as an attractive investment destination

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West Bengal beckons investors with industry-friendly policies and sanctions

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