The summit, organised by the West Bengal government, is in its eighth edition and focuses on promoting business opportunities within the state. It will gather business leaders, policymakers, and industry experts to discuss sectors like infrastructure, manufacturing, and technology. The event is scheduled for February 5 and 6.
Focus on Trade Relations
Prime Minister Tobgay will lead a 13-member delegation to the summit. His visit is limited to Kolkata, as stated by Namgey Thinley, Trade Consul of the Royal Bhutanese Consulate in Kolkata. Bhutan plans to showcase its products and services at BGBS and will hold a country session to enhance business connections.
West Bengal Chief Minister Mamata Banerjee had announced in October 2024 that Tobgay would be a special guest at BGBS 2025. His visit follows a two-day trip to New Delhi in November 2024. The summit aims to improve bilateral trade relations between Bhutan and India.
Participation of Industry Leaders
The Confederation of Indian Industries (CII) and FICCI have organised special meetings for their national members at the BGBS venue before the formal inauguration. CII is facilitating the participation of 75 senior industry delegates from across India at the event.
Sanjiv Puri, Chairman & Managing Director of ITC Limited and President of CII, along with Rajiv Memani, Chairman and CEO of EY India and President-Designate of CII, and R Mukundan, Managing Director & CEO of Tata Chemicals Limited and Vice President of CII, will be attending the event. FICCI expects 30-40 members to participate in their programme.
Key Sectors Highlighted
BGBS 2025 will focus on various sectors including manufacturing, MSMEs, advanced manufacturing, circular economy, natural resources, defence manufacturing, agriculture, international trade and logistics, tourism, IT & ITeS, healthcare, education, creative economy, film industry, infrastructure, power, and sustainability.
West Bengal boasts significant industrial infrastructure with over 200 industrial parks and estates. The state is a major cement hub due to its booming housing sector and has substantial steel manufacturing contributing to exports. It also houses India’s largest leather complex and several railway manufacturing units.
Infrastructure Developments
The Bengal Silicon Valley Hub has attracted 41 IT and ITeS companies across 200 acres, including 11 data centres. The FinTech Hub spans over 69 acres with participation from major banks and financial institutions. These developments highlight West Bengal’s growing role in India’s tech industry.
The previous BGBS in 2023 saw attendance from over 400 international delegates from regions such as Europe, the UK, CIS countries, SAARC nations, the Middle East, Africa, ASEAN countries, LAC regions, Central & East Asia among others. This underscores the global interest in West Bengal’s business potential.
In past editions of BGBS, Chief Minister Mamata Banerjee announced that West Bengal received investment proposals worth over Rs 3.76 lakh crore. This reflects the state’s attractiveness as an investment destination.
fbq('track', 'PageView');
Original news source Credit: www.goodreturns.in
You must be logged in to post a comment Login