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West Bengal Chief Minister Subhendu Adhikary has announced the formation of a four-member committee, led by new Industries Minister Tapas Ray, to draft a new industrial policy aimed at revitalizing the state's industrial sector.
The initiative follows years of declining foreign direct investment (FDI) inflows, with West Bengal ranking 11th between 2019-2025, significantly lagging behind states like Maharashtra, Gujarat, Karnataka, and Tamil Nadu.Adhikary emphasized creating a structured environment for industries, citing the need to address past shortcomings in industrial growth.The BJP-led government's first budget highlighted incentives for new industries and plans to establish the state as a defence manufacturing hub.
Adhikary also mentioned potential collaborations with the Tata Group, which previously abandoned its Nano car plant in 2008, to set up semiconductor facilities in West Bengal.The proposed Uniform Civil Code (UCC) legislation is also expected to be passed soon.The move underscores the government's focus on economic revival and attracting investment to boost industrialization in the state.
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