West Bengal govt organises investment road show in Bankok
The Road show also showcased the 4th Bengal Global Business Summit and its potential in terms of establishing Bengal as an ideal investment destination.
The 4th edition of BGBS also highlighted its business friendly policies to the global investor community.
S Kishore, Principal Secretary, Department of Commerce & Industries, Govt. of West Bengal led the West Bengal Delegation along with a team of senior state government officials and industry captains.
Kishore in his theme address appraised that West Bengal being the 4th largest economy in India has a strong consumer base which could be utilized by Thai investors. He has highlighted the sectors like agro, food processing, urban infrastructure, IT ITES, manufacturing, skill, education, power, healthcare and tourism.
Vandana Yadav, Managing Director, WBIDC made a detailed presentation on Investment Opportunities in West Bengal.
Rudra Chatterjee, Sr Vice President, ICC said that trade between Thailand and India Given the strategic location of Bengal, with the upcoming east coast highways, railways and ports, there is a huge potential to increase trade and investment between Bengal and Thailand. Also, Thailand can be WB’s commercial bridge to Southeast Asia; the state can provide Thailand with a huge domestic market and a low cost business environment.
Addressing the Conference, Abbagani Ramu, Charge D’Affairs highlighted that the Government of India is encouraging States to directly interacting foreign countries. Kolkata in West Bengal is closed to Thailand with a distance of about 1600 kms and with 28 flights.
West Bengal and Thailand have business prospect in many sectors particularly in SME
Sector as 90% of GDP in Thailand comes from the sector.
Khun Sanan Angubolkul, Chairman & President, Srithai Superware Public Co. Ltd & Vice Chairman of Thai Chamber of Commerce & Board of Trade of Thailand said that there is great scope of economic collaboration between Thailand and India particularly West Bengal because of the strategic location. He emphasized on the mutual collaboration in the area of food processing, real estate, auto parks, chemicals, pharmaceuticals, tourism etc.
Shiv Sidhant Kaul, Member, FICCI Executive Committee spoke about congenial environment in West Bengal for investment. Land, efficient man power and good infrastructure are the pre requisites for investment and West Bengal is the ideal location.
Industry Leaders from West Bengal Delegation shared their experiences on investing in Bengal.
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