With just over a year to go before the 2026 West Bengal assembly elections, Chief Minister Mamata Banerjee’s government secured investment commitments worth ₹91,000 crore from industry leaders at the Bengal Global Business Summit in Kolkata.
Reliance Industries Chairman Mukesh Ambani led the announcements, pledging ₹50,000 crore in investments by the decade’s end. “Bengal is the land of renaissance, now experiencing a renaissance in business and economy. Under Mamata Didi, Bengal means business,” Ambani said, highlighting Reliance’s existing ₹50,000 crore investment in the state, which has created over one lakh direct jobs.
Other major commitments included ₹10,000 crore from RP-Sanjiv Goenka Group, ₹16,000 crore from JSW Group for two power plants and infrastructure projects, and ₹15,000 crore from Ambuja Neotia Group over the next five years.
Facing criticism from the BJP over unemployment and lack of industries, Banerjee used the summit to counter the opposition and shed Bengal’s anti-industry image. She also announced the formation of a new state-level synergy committee to enhance ease of doing business. Calling the summit a “majestic and stupendous success,” Banerjee positioned it as a key step in attracting investment ahead of the 2026 polls.
