📷 Image: Wikimedia Commons / JSW Group
Business
Sajjan Jindal meets West Bengal CM to discuss ₹50,000‑crore investment plan
✍️ Business Standard
🗓 05 Nov 2026, 03:50 AM
👁 12
JSW Group chairman Sajjan Jindal met West Bengal Chief Minister Mamata Banerjee to outline a ₹50,000 crore investment proposal aimed at expanding the state's industrial base.
Sajjan Jindal, chairman of the JSW Group, held a meeting with West Bengal Chief Minister Mamata Banerjee in Kolkata to present a massive investment blueprint worth ₹50,000 crore. The discussion focused on how the proposed funds could be deployed across steel, infrastructure and renewable‑energy projects in the state.
The plan envisions setting up new manufacturing units, expanding existing facilities and creating a network of logistics hubs to boost export potential. Officials said the investment could generate thousands of jobs and significantly raise the state's contribution to the national GDP.
Both parties indicated that a detailed feasibility study will be commissioned within weeks, after which formal agreements could be signed. The government has welcomed the proposal as a catalyst for industrial growth, while JSW expects to align the project with its long‑term sustainability goals.
The plan envisions setting up new manufacturing units, expanding existing facilities and creating a network of logistics hubs to boost export potential. Officials said the investment could generate thousands of jobs and significantly raise the state's contribution to the national GDP.
Both parties indicated that a detailed feasibility study will be commissioned within weeks, after which formal agreements could be signed. The government has welcomed the proposal as a catalyst for industrial growth, while JSW expects to align the project with its long‑term sustainability goals.