Hopeful of Singapore's GIC Group investing in Bengal: Mitra
Hopeful of Singapore's GIC Group investing in Bengal: Mitra

IANS

Singapore, Aug 18 (IANS) After holding a "fruitful" meeting with Singapore's leading investment fund - the GIC Group, West Bengal Finance Minister Amit Mitra on Monday exuded confidence of securing big ticket investment for the state.

Led by Chief Minister Mamata Banerjee, a delegation of ministers, bureaucrats and entrepreneurs are camping in the city state scouting for investment.

"Quite aware of Bengal and looking at the list of those who are investing in our state, they ended the meeting with a positive intent. The biggest thing is they have asked us to send them projects and if they found them bankable, they will invest," Mitra said after holding a meeting with GIC representatives.

Several Singaporean and Indian entrepreneurs including ITC executive director Kurush Grant were present at the meeting.

Mitra said the group has already set up an office in India and entered in to a joint venture with the HDFC Bank for making investments in India.

"Usually they do not invest anything below $50 million. It's a very positive and significant development and people would soon get to see the results," he added.

Besides Banerjee's meeting with the Singaporean prime minister, an industrial summit will be held Wednesday where top business heads of the country are expected to participate.

© 2015 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.

For news, views and gossips, follow @IANSLIVE at Twitter. Find us on Facebook too!

Update: 18-August-2014

Comments: [0]

RELATED NEWS
RELATED TOPICS

BUSINESS



Add your comment

Name : *


Email : *


Comments : *

Reload Image
Code:

Comments

VIDEO GALLERY

POLL

3
Do you think the entry of Amar Singh in the RLD has upset poll strategies of major parties in UP ?

Yes

No

Can't say


Please answer this simple math question

4 + 4 =

WEATHER UPDATE

----WEATHERHOMEFILEPATH

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player