The Bengal government plans to carve out 100 acres for building construction materials and allied industry from its industrial park at Panagarh.
The move according to state finance and industries minister Amit Mitra will attract investment in the sector, particularly those industries that are not yet present in the state.
“There are at least 35 major items that are made in Bengal. My interest is in materials coming from other states,” Mitra said at a CII organised event on Friday. CII had organised a road show to announce Excon 2019 – construction equipment and construction technology trade fair.
According to the minister, acids and chemicals, acrylic sheets, adhesives, air conditioners, bathroom accessories, vitrified ceramic tiles, elevators and escalators, glass, sanitaryware are some of the sectors where the state can attract investments given the increasing demand for such raw materials from the real estate sector.
“We have thought about what the government can do and we would like to create exclusive area for materials for real estate and whole value chain. There are already investments in the park. But we will separate and allocate a minimum of 100 acres of land, which will be exclusively for building materials manufacturing. If more is required, it is already available.,” Mitra said.
Speaking at another event on the announcement of the India Leather and Accessories Fair, Mitra said the state government was spending Rs 540 crore on infrastructure in Bantala.