Business Economy


West Bengal CM meets Ambani, seeks major investment in state

Mumbai, Sep 21 (UNI) West Bengal Chief Minister Suvendhu Adhikari met Reliance Industries Limited (RIL) Chairman Mukesh Ambani here on Monday and discussed the possibility of fresh investments and expansion of existing business activities in the State.
A senior spokesperson of the Reliance Group confirmed the meeting, saying the West Bengal government conveyed its keen interest in attracting investments from major corporate groups and creating an environment conducive to expansion of industrial activities in the state.
The meeting between Adhikari and Ambani was held at the latter's residence, Antilia, and lasted for nearly an hour. The details of the discussions were not immediately available, but sources said investment opportunities in West Bengal and the scope for expanding Reliance's presence in the state figured prominently during the interaction.
According to the sources, Ambani expressed openness to exploring investment opportunities in West Bengal. The meeting is being seen as part of the state government's efforts to engage directly with leading industrialists and encourage large corporate groups to participate in the state's economic and industrial development.
Adhikari was also reported to have met Adani Group Chairman Gautam Adani during his Mumbai visit. The meeting, however, could not be independently confirmed. The meetings were reportedly kept low-profile, with even some Mumbai-based BJP leaders involved in protocol arrangements not being aware of the Chief Minister's schedule, sources said.
The West Bengal government has been focusing on attracting private investment and expanding industrial activity by engaging with leading business houses. Adhikari, along with State Industries Minister Tapas Roy and BJP state president Shamik Bhattacharya, has held discussions with industrial representatives at different times as part of efforts to strengthen the state's industrial policy.
Earlier on September 11, Adhikari had said at an event in Kolkata that he would meet Ambani as he wanted greater participation from major corporate groups in the development of West Bengal. He had also disclosed that Anant Ambani, son of Mukesh Ambani, had telephoned him and invited him to the Ambani family's Ganeshotsav celebrations.
The latest meeting assumes significance against the backdrop of the state government's efforts to attract large-scale investments, generate employment and expand industrial and business opportunities in West Bengal. UNI AAA CDS
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