Now Reading: Bengal has immense potential to attract investment: CM Adhikari
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Bengal has immense potential to attract investment: CM Adhikari
West Bengal Chief Minister Suvendu Adhikari said the state must become a prime destination for investment, highlighting government cooperation with the Centre and welcoming expansion projects worth around Rs 3,500 crore in defence manufacturing and shipbuilding. He was speaking at a virtual Bhumi Pujan ceremony for five expansion projects of Garden Reach Shipbuilders and Engineers (GRSE) and Yantra India Limited (YIL).
The projects, spread across GRSE facilities in Kolkata, Howrah and Raichak, and YIL's Metal and Steel Factory in Ishapore, aim to strengthen India's shipbuilding, ship repair, metallurgical and defence production capabilities. Adhikari cited the availability of land, skilled human resources, infrastructure and raw materials as reasons for Bengal's potential to attract investment.
He said the state government is working with the Centre to revive Bengal's industrial potential and address unemployment. He also said 90% of land required by the Border Security Force along state borders has been handed over since his government took office. Defence Minister Rajnath Singh said the projects would strengthen India's pursuit of Aatmanirbhar Bharat and Make in India.
Indian Opinion Analysis
This is one of the first major investment announcements under the new BJP-led government in West Bengal, which came to power in 2026. The projects, anchored by two central public sector units, signal a renewed focus on defence manufacturing in the eastern region, historically a hub for such industries. The Raichak facility alone, with a Rs 2,500 crore investment, could position Bengal as a key player in India's naval expansion plans. With global shipbuilding capacity shifting, the state stands to gain ancillary employment and MSME growth. The next milestone to watch is the timeline for commissioning the Raichak facility, which will determine actual job creation.
Source: ddindia.co.in
This story was synthesised by AI from the source linked above. Methodology and corrections.
