The Telegraph
Since 1st March, 1999
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Buddha biz blast with bigwigs

Calcutta, May 30: Chief minister Buddhadeb Bhattacharjee will meet the who’s who of business in Mumbai on Monday.

The line-up will include Ratan Tata, Adi Godrej of Godrej Industries, Anand Mahindra of Mahindra and Mahindra, Ajay Piramal of Nicholas Piramal, M.K. Sharma, the vice-chairman of Hind Lever, and Dominic Crice of J.P. Morgan.

“The need to showcase the strengths of Bengal to the outer world prompted us to tie up with the state government and organise the roadshow in Mumbai,” said Sanjay Budhia, the eastern region chairman of the Confederation of Indian Industry (CII). Budhia will be part of Bhattacharjee’s team for Mumbai.

Resurgent Bengal will be hosted at Taj Mahal hotel. Six one-on-one meetings with select CEOs will be followed by a presentation on opportunities in the state and a one-hour interaction and Q&A session with the business community. “From financial services and agro processing to automobiles and biotech, the mix of meetings organised for the chief minister will cover almost all sectors. The response for registration is phenomenal and 150 industrialists have already signed up,” said Budhia.

Besides the government’s presentation, to be made by industries and commerce secretary Sabyasachi Sen, Firdos A. Vandrevala of Tata Power and Anand Mahindra will talk on the business environment in the state.

Government sources said Bhattacharjee would try to address the perception issue and talk about opportunities in IT, food processing and leather industries.

“Interest in the state seems to be on the rise and we want to make best efforts to cash in,” said a senior government official.

Industry minister Nirupam Sen said Bengal is striving to shrug off its image of not being investor friendly and rolled out data to prove the “rising interest in the state”.

He said investment has gone up from Rs 2,200 crore in 2001 to Rs 2,325 crore in 2002. This year, the target is more than Rs 2,500 crore, of which Rs 1,016.15 crore has come in the first four months.

IPS shuffle

The police directorate today transferred 37 IPS officers, including five superintendents, seven deputy commissioners of the city police and four deputy inspectors-general.

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