Investors are returning, says Suvendu; lays foundation stone for ₹15,000-crore steel plant in Bankura
West Bengal Chief Minister Suvendu Adhikari announced a new ₹15,000-crore steel plant project in Bankura, signaling a push for industrial growth. Adhikari criticized the previous administration's policies and claimed that the current government is fostering a more investor-friendly environment.
Why it matters
The announcement reflects a significant shift in regional economic policy and industrial strategy under the new state government.
With the change in government and favourable conditions in West Bengal , investors are returning to the State, Chief Minister Suvendu Adhikari said on Friday.
Laying the foundation stone for a ₹15,000-crore integrated steel-plant expansion project at Mejia in Bankura district, he accused the previous Trinamool Congress government of driving away investments and leaving the State industrially stagnant.
Mr. Adhikari also announced a slew of proposed projects, including a ₹2,000-crore hospital at New Town by the Adani Group, a battery plant by Sanjeev Goenka Group, and also other investments by Lux, Flipkart, and Amul Dairy.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in