-Top News UK News West Bengal

Bengal Business Summit to Host ‘Largest Ever’ UK Delegation

Amongst the upcoming flagship projects in the state, Jangal Sundari Karmnagari Industrial Township is being setup over 4,000 acres in Purulia…reports Asian Lite News

The upcoming Bengal Global Business Summit (BGBS) is poised to host the United Kingdom’s largest-ever delegation, with a notable presence from diverse businesses and institutions. Scheduled for November 21-22 in Kolkata, the event will welcome a 55-member delegation representing the UK. The British Deputy High Commission expressed enthusiasm, noting the anticipation of fostering stronger economic ties.

Alex Ellis, the British High Commissioner to India, is eager to lead this substantial delegation, expressing hopes that the summit will provide opportunities for British businesses to expand in Bengal and vice versa. Among the companies participating are tech firms like Teknobuilt, AirNode, SmartViz, Xworks Tech, Hy-Met Limited, Cambridge Carbon Capture, and GreenEnco, along with established engineering companies such as Mott Macdonald.

Dr. Andrew Fleming, British Deputy High Commissioner to East and Northeast India, highlighted the commitment to fulfilling the promises outlined in the UK-India 2030 Roadmap, aiming to transform trade and investment between the two nations. In the previous edition of BGBS in 2022, 49 senior figures from the UK actively participated, underlining the growing importance of such events in fostering bilateral economic cooperation.

“West Bengal has been rapidly transforming itself into an economic powerhouse. With a combination of strategic geographical advantages, proactive government policies, skilled human resources, and a vibrant business environment, West Bengal has emerged as a key player in India’s economic growth story,” BGBS said in a statement.

“It is among the leading exporters with 12% of the country’s leather and 10% of iron & steel exports. MSMEs form the vital base of the industrial pyramid and West Bengal has the country’s second highest number of MSMEs (about 90 lakh units) which accounts for 14% of India’s MSMEs.”

Amongst the upcoming flagship projects in the state, Jangal Sundari Karmnagari Industrial Township is being setup over 4,000 acres in Purulia. Mining operations at Deocha-Pachami-Dewanganj- Harinsigha, the second largest coal block in the world is expected to start soon. We have ready-to-Invest Industrial Infrastructure with 200+ Industrial Parks/ Estates spread over an area of around 10,000 acres.

A 200-acre IT and Electronics Park (Silicon Valley) is being set up at Rajarhat. Three Industrial Growth Corridors are being developed at: Dankuni- Raghunathpur; Dankuni-Kalyani; Dankuni-Haldia to augment the pace of industrialization in Bengal. The state has two large container and bulk handling ports at Kolkata and Haldia and a new deep-sea port is coming up at Tajpur.

Bengal Global Business Summit (BGBS) is the flagship summit of the Government of West Bengal. The summit envisions to bring together corporate leaders, business delegations, entrepreneurs, academia, and think-tanks from around the globe with the purpose of making strategic and business alliances as well as to learn about the industrial ecosystem and business friendly initiatives of the state.

The 7th Bengal Global Business Summit will have Plenary Sessions, Parallel Global Conferences, Sectoral sessions for focus sectors, Country sessions with partner countries, B2Bs and B2Gs meetings to expand networks and meet potential partners.

ALSO READ-Bengaluru Leads with 1783 Women-Led Ventures

Leave a Reply

Your email address will not be published. Required fields are marked *