Reliance Announces ₹20,000 Crore Investment in Bengal at Bengal Global Business Summit

In a significant development during the seventh edition of the Bengal Global Business Summit (BGBS), Reliance Industries Chairman and Managing Director Mukesh Ambani declared plans to invest an additional ₹20,000 crore in West Bengal over the next three years. The announcement came during the inaugural session of the summit, which was inaugurated by the West Bengal government on Tuesday.

Dignitaries present at the event included ITC Chairman and Managing Director Sanjiv Puri, TVS Supply Chain Solutions Executive Vice Chairman R Dinesh, Wipro Executive Chairman Rishad Premji, RP-Sanjiv Goenka Group Chairman Sanjiv Goenka, JK Paper Managing Director Harsh Pati Singhania, Narayana Health Chairman Devi Prasad Shetty, and Ambuja Neotia Group Chairman Harshavardhan Neotia.

Reliance Industries has been a prominent investor in West Bengal, with the company having already invested close to ₹45,000 crore in the state. During the summit, Mukesh Ambani expressed his satisfaction with Bengal being a significant investment destination for Reliance and stated, "Today, I am happy to announce that we plan to invest an additional ₹20,000 crore in the next three years."

The Bengal Global Business Summit also saw Chief Minister Mamata Banerjee unveiling five new policies for the state, covering areas such as logistics, internet cable landing station, green hydrogen, new and renewable energy manufacturing promotion, and export promotion. The summit serves as a platform for industry leaders to discuss and explore opportunities for economic growth and development in West Bengal.

HBL