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News / Assembly Elections 2011 / West Bengal / Industrial setbacks and flights of the capital from Bengal

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Industrial setbacks and flights of the capital from Bengal
Here is a list of industrial projects proposed and shelved in West Bengal.
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Mail Today Bureau
Kolkata May 12, 2011 UPDATED: May 12, 2011 20:55 IST

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N
andigram chemical hub project had to be shelved by the West Bengal's ruling Left Front government following the
police firing on March 14, 2007 that killed at least 14 villagers and injured several.

In October, 2008: Tata Motors backed out of West Bengal's Singur with the announcement that they will set up the
world's cheapest car Nano unit in Sanand, Gujrat.

According to a study done by the industry body Assocham, expression of investment plans by India Inc in Bengal
registered a dip by 63 per cent during January-December 2008 as compared to the corresponding period in 2007.
In September, 2008: After wooing software giants like Infosys and Wipro for six years, the West Bengal government said
they would not be able give them land to set up a campus in Rajarhat, a satellite township on the northern fringes of
Kolkata. According to deal signed on April 24, 2008, the state government had earmarked 90 acres each for Infosys and
Wipro in the software city. The companies had promised to invest Rs 500 crore (Rs 5 billion) each. In a damage control,
later the state government had to offer 45 acres each to Wipro and Infosys at Rajarhat Township.

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Following Nandigram agitation, Indonesia's Salim Group's another proposal to develop Barasat-Raichak expressway and
the Raichak-Kukrahati bridge, that was proposed to connect Haldia to National Highway 34, was also cancelled. The
Salim Group had sought around 35,000 acres of land for a series of ambitious projects. Apart from a special economic
zone in Nandigram (a 50:50 joint venture with the West Bengal Industrial Development Corporation).

JSW Steel's Rs 21,500-crore Shalboni project was also delayed owing to the volatile political situation of Bengal. It was
said the plant would be commissioned in three years from the "zero date" -- the time signalling effective start of the
project -- or the middle of 2014 against 2011 as envisaged when Jindal signed a development agreement in January Story in
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2007. But hardly any physical work has taken place at the proposed site. The project comprised a 4.5-million-tonne steel
plant and a 660-mega-watt power unit.

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