HomeNewsBusinessEconomyNorth Bengal seen investments worth Rs 2,345 cr in 2 years: West Bengal FM Amit Mitra

North Bengal seen investments worth Rs 2,345 cr in 2 years: West Bengal FM Amit Mitra

The state government has also received an Expression of Interest (EoI) for new investments to the tune of Rs 888 crore at the Conclave, Mitra told the industry members in a video address yesterday.

December 06, 2017 / 15:00 IST
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Have a long-term outlook | Timing investment is logically impossible because the best entry and exit opportunities are known only in hindsight. No one can predict market movements with certainty. Therefore, it is important to allow your investments to compound over a long term.
Have a long-term outlook | Timing investment is logically impossible because the best entry and exit opportunities are known only in hindsight. No one can predict market movements with certainty. Therefore, it is important to allow your investments to compound over a long term.

North Bengal has received investments worth Rs 2,345 crore in the past two years through various CII initiatives, West Bengal Finance Minister Amit Mitra has said at the 5th North Bengal Conclave.

The state government has also received an Expression of Interest (EoI) for new investments to the tune of Rs 888 crore at the Conclave, Mitra told the industry members in a video address yesterday.

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"During Agro Synergy in May, it (investment)was approximately 600 crore. If we combine the 2015 proposed investments and the new projects the figure comes to a staggering Rs 2345.82 crore. This is just an indicative figure," Mitra said.

Stressing that the region offers huge potential, Mitra assured the investors of doing everything to attract investments in North Bengal. The minister also said that West Bengal stands at number one in the country in e-taxation.