BENGAL GLOBAL BUSINESS SUMMIT 2015

EXECUTIVE SUMMARY OF BUSINESS ANNOUNCEMENTS, BUSINESS DOCUMENT EXCHANGES,

EXPRESSIONS OF INTEREST & INVESTMENT PROPOSALS AT THE BENGAL GLOBAL BUSINESS

SUMMIT, 2015 HELD ON JANUARY 8 - 9, 2015 AT KOLKATA.

THE PRESS RELEASE OF JANUARY 8, 2015 HAS BEEN RE-CATEGORISED BELOW IN THE FORM

OF AN EXECUTIVE SUMMARY ( THE PRESS RELEASE IS ANNEXED )

SL. PARTICULARS AMOUNT

(Rs. In Cr.) 1 HEAVY ENGINEERING :

SAIL'S EXPANSION PLANS 40,000

2 MANUFACTURING : PRIVATE SECTOR INVESTMENTS 10,626

3 TOWNSHIP :

PRIVATE SECTOR INVESTMENTS IN ECONOMIC GROWTH CENTRES ( 22 TOWNSHIPS BY 20 BUSINESS HOUSES )

67,703

PRIVATE SECTOR INVESTMENTS IN SMART CITY (ESSEL GROUP) 5,000

4 PRIVATE SECTOR INVESTMENTS IN URBAN INFRASTRUCTURE & UTILITIES: ESSEL GROUP 10,000

5 BHOR SAGAR DEEP SEA PORT & HALDIA EXPANSION 16,400

6 HIGHWAYS 25,200

7 POWER : NTPC 20,000

SOLID WASTE TO POWER (GERMAN CONSORTIUM) 2,900

8 ENERGY : COAL, COAL BED METHANE (CBM) & FLOATING REGASSIFICATION :

DEVELOPMENT OF DEOCHAPACHAMI COAL MINES (6 STATES & SJVN) 12,000

PRIVATE SECTOR INVESTMENTS BY GREAT EASTERN ENERGY TO DEVELOP MORE WELLS

1,500

H-ENERGY: FLOATING STORAGE & REGASSIFICATION UNIT (FSRU) - OFFSHORE DIGHA

5,100

9 HEALTH CARE 2,710

10 FOOD PROCESSING, ARD & FISHERIES SECTOR 1,605

11 HIGHER EDUCATION / SCHOOL EDUCATION & SKILLS 1,438

12 MSME SECTOR 17,657

13 TOURISM & HOSPITALITY 1,950

14 FINANCIAL SERVICES 1,088

15 IT 223

TOTAL 2,43,100

Bengal Global Business Summit 2015

Press Release

The Bengal Global Business Summit concluded today, underlining the theme of “Come To Bengal, Ride The

Growth”. Businesses from across India and 20 countries participated in the Summit, reposing their faith in

the attractiveness of West Bengal as an investment destination.

Shri Subhas Chandra, Chairman of the Essel Group, who was to be present at the closing event, could not

make it due to fog at Delhi. Shri Chandra, however, joined through a video link and announced investments of

Rs 15,000 crore in townships and urban infrastructure in Bengal.

A total of Rs 2,43,100 crore of business announcements, business document exchanges, expressions of

interest and investment proposals were received at the Bengal Global Business Summit 2015, as follows:

Sl. Particulars Amt. (Rs. Cr.)

1 Private Sector Investment in Township by Essel Group 15,000

2 Private Sector Investment in 22 other Townships and Smart Cities by Forum Group , Hiland , Ambuja Neotia Group, Salarpuria, Mayfair Group, Mani Group, PS Group, Swarna Ganga Realty, Sherwood Realty, Amtek Dealer P Ltd, Merlin Projects, Dhoot Group, Greentec City, Infinity Group, Unimark, Panchvati, Ideal, South City, Siddha, Primark.

67,703

3 NTPC investments (Katwa, Adra and Rammam Power Plants) 20,000

4 Private Sector Investments in Nine sectors (reported by sector committees) (see Annexure 1 for names of companies and other details)

40,197

5 SAIL's expansion plans 40,000

6 Private Sector Investment in Solid Waste Management in Howrah (in collaboration with a consortium of German companies)

2,900

7 Private Sector Investment by Super Smelter 2,200

8 Private Sector Investments by Great Eastern Energy to develop more wells 1,500

9 Sagar Port entitled Bhorsagar and Highways (announced by Union Minister on 7th January, 2015)

41,600

10 Development of Deochapachami Coal mines (JV signed between 6 states and SJVN)

12,000

Total 2,43,100

The Hon’ble Chief Minister in her valedictory address, mentioned some of these investments cutting across

industries, ranging from manufacturing, heavy engineering, port, mining, health & education, power and

natural gas, transport, tourism, urban infrastructure, food processing, financial services, fisheries, ARD, IT and

many others.

The Hon’ble Chief Minister has also declared the formation of a dedicated Core Committee headed by the

Minister-in-Charge of Commerce & Industries Department supported by the Chief Secretary, West Bengal,

along with concerned officials and experts to review these projects towards their fructification.

The Hon’ble Chief Minister announced that the next Bengal Global Summit will be held on January 8-9, 2016

at Kolkata.

Annexure 1

Sector Project Proposed Invst (Rs in crore)

Manufacturing

BAPL - MOU Scomi Group, Including Township Authority, manufacturing of public transport & new airline connection - Pinnacle Air, Go Air

1000.00

MCC PTA Coal based hot oil heater project & Grid pwer Project

329.40

H-Energy: Floating Storage Regassification Unit (FSRU) - Offshore Digha 5100.00

Amul Dairy: Fully automated dairy unit 190.00

Gems & Jewllery Park at Ankurhati (Domjur) Allotment of 12 units for 53500 sq.ft. 39.90

Paridhan - Garment Park at Belighata 17.23

Globus Spirit Ltd. 100.00

ETC Agro Processing (india) Pvt. Ltd. 250.00

Shriram Infrastructure 6500.00

Sector Total 13526.53

Health Care Apollo Hospitals 400.00

AMRI Hospitals 800.00

Ambuja Neotia Group – Hospital 300.00

M P Birla Group Hospital 610.00

Techno India- Hospitals - PPP Sector 300.00

Camellia - Hospitals - PPP Sector 300.00

SingHealth, arm of Temasek Holding, Singapore

Sector Total 2710.00

Food Processing, ARD and Fisheries Sector

Ananda Group of Companies, Purba Medinipur 230.00

Chareon Pokphand India Pvt Ltd, Kharagpur (WBIDC) 500.00

Amrit Feeds, Panagarh 88.00

Anmol Feeds, Panchla 25.00

M K Feeds, Digha 20.00

Mohan Acqua, Digha 15.00

Kajal Aqua Tech, Digha 10.00

Madhav Agro Tech,Digha 20.00

DAT Laboratories, Falta 10.00

Varma Ocean, Canning, Kalyani 51.00

Raj Hatcheries, Tajpur/ Digha 3.00

D M Sea Food Exporter, Hooghly 25.00

Thacker Dairy, Kalyani 90.00

Venkateswara hatcheries 263.00

Thacker Group, Kalyani 60.00

JVL Agro Industries ltd. 195.00

Sector Total 1605.00

Higher Education/ School Education

JIS University, Kolkata 300.00

Neotia University, South 24 Parganas 300.00

University of Engg & Management, Newtown Rajarhat 150.00

Amity University, Newtown 478.00

South Point New Campus, Near Peerless Hospital EM Bypass 185.00

M P Birla Group-Hybrid Projection System 25.00

Sector Total 1438.00

Skills NSDC & Technical Education Department & Javed Habib Foundation - Skill Dev. Programme

0.00

Sector Total 0.00

MSME Sector

A T CAPITAL, (Singapore) 2500.00

PFP Industries(Chemical- Ashok De Sarkar,USA) 30.00

Kang Na Hsiung Enterprise KNH, Taiwan 180.00

Altius Resources (Joydeep Mukherjee) Singapore 200.00

EIGMEF Apparel Park, Salt Lake 500.00

WB Hosiery Park, Howrah 1200.00

SFA PL Logistic Park 130.00

Regent Garment & Apparel Park, Barasat 1000.00

Jalan Industrial Park - Expansion 2500.00

Patton Industrial Park 946.00

Regional Synergy-Proposals received - 5127.00

ILPA Leather Goods Park 1200.00

Shivamani Exports, Calcutta leather Complex, Bantala 33.00

FASII(Federation of Association of Small Industries of India) 71.00

FACSI(Federation of Association of Cottage & Industries) 40.00

Private Industrial Parks by various companies 2000.00

Sector Total 17657.00

Tourism & Hospitality

Major proposalsreceived for setting up Hotels and Resorts 1. The Park, Kolkata (Rs500 Cr), 2. Airport Hotel, Kolkata (Rs 300 Cr), 3. Crowne Plaza (Rs450 Cr) 4. Ambuja (5 resort hotel at Newtown, Makaibari Tea Estate, Kurseong, Sonargaon, Sundarbans, Digha, Ghoom, Darjeeling, Lataguri, Gorumara Forest) (Rs 500 Cr) are investing in the State

1750.00

PPP projects under Tourism Department, Government of West Bengal under implementation

200.00

Sector Total 1950.00

Finanical Services

State Bank of India 427.00

Bandhan Bank Ltd. 232.12

Andhra Bank 113.00

Syndicate Bak 113.00

Canara Bank 203.04

Sector Total 1088.16

IT Trinity Infra Park 220.00

Startups Warehouse of NASCOM with assistance of West Bengal Government 1.95

Centre for Wxcellence of Microsoft with assistance of West Bengal Government 0.61

Sector Total 222.56

GRAND TOTAL (All Sectors)

40197.25