Chatterjee Group plans Rs.4,000 crore investment in Bengal

By IANS,

Kolkata : The Chatterjee Group (TCG) chairman Purnendu Chatterjee Wednesday said the group will soon set up an Information Technology (IT) infrastructure project in the city and also invest Rs.4,000 crore in Haldia Petrochemicals Ltd (HPL).


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Talking to reporters after meeting West Bengal Chief Minister Mamata Banerjee at the state secretariat here, Chatterjee said, “We will be soon launching an IT infrastructure project in Sector 5 in Kolkata.”

“We have requested them (the government) to see who could be available to come to lay the foundation stone. It will take place July 16,” he said.

Reaffirming his plan to invest Rs.4,000 crore in Haldia Petrochemicals Ltd (HPL), Chatterjee, vice chairman of the company, said it would ensure at least 50,000 direct jobs.

“We reaffirmed our desire to invest Rs.4,000 crore in eight value-added projects at Haldia. Haldia produces industrial materials. These industrial materials are essential here to new industry to happen,” he said.

“Our objective is to create at least 50,000 direct jobs which will also create indirect jobs. As job creation is one of the objectives of the government, we want to use the existing industry platform to do that,” he added.

Chatterjee May 30 outlined an ambitious plan to invest Rs.4,000 crore within next four years in the HPL.

HPL is a joint-venture of the West Bengal government and the TCG.

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