The Government of West Bengal organized the third edition of Bengal Global Business Summit (BGBS) 2017 on January 20-21, 2017.
The past two editions of the Summits in 2015 and 2016 have proven to be milestones in terms of establishing Bengal as an ideal investment destination witnessing investment proposals worth Rs 4.93 lakh crores in varied sectors.
Buoyed by the success of the past two Summits, Bengal Global Business Summit 2017 was organized to project its business-readiness to the global investor community and showcase the new investment opportunities that the state offers.
BGBS 2017 was inaugurated by The President of India, and plenary sessions were addressed by political dignitaries and business leaders from India and abroad who shared their thoughts and experiences. Plenary Session on Start Ups & Entrepreneurship, International Plenary Session: Multi-Country Interactions were organized on Day 1 of the Summit.
Eighteen sessions including Eleven Parallel Sectoral Sessions on focus sectors, Special Sessions on Start Ups, Country Sessions, Round Table Discussion on Rising Bengal in Emerging Asia and Discussion on Apparel & Allied Sector were organized on Day 2 of the Summit.
PARALLEL SECTORAL SESSIONS
Sectoral Sessions on the following were organized to showcase the varied investment opportunities in the state -
- Maritime, Inland Waterways, Civil Aviation, and Transport infrastructure
- Auto & Auto Ancillary, Defence, Sports Goods, and Manufacturing, SME Vendor Development
- Mining, Energy, Energy Equipment, Chemicals and Fertilisers
- Food Processing, Horticulture, Fisheries, Agro and allied industries
- Skill Development
- IT and IT enabled services
- Urban Development, Urban Infrastructure, and Sports Infrastructure
- Financial Services, Legal Services
- Hospitality, Tourism, Business of Entertainment
Start Ups session deliberated on the power of start-ups in reenergizing the entrepreneurial spirit of the State, discussed its potential in Bengal and capacity building of the key constituents of the start-ups ecosystem. A Star-ups Exhibition showcased some of the home-grown start-ups.
Country Sessions were organized on the side-lines of the summit with visiting delegations from Korea, Germany, Poland and Italy to explore business linkages, partnerships and collaborations.
Round Table Discussion on Rising Bengal in Emerging Asia: Experts from ASEAN countries shared their thoughts and ideas on how to strengthen Bengal's global as well as regional economic and strategic linkages particularly with the Southeast and East Asian countries.
Discussion on Apparel & Allied Sector was organized to showcase the opportunities the State offers and initiatives taken by the Government to boost growth in the sector.
Several B2Bs and B2Gs took place on the side-lines of the Summit.
The 2-day long BGBS 2017 brought together policy makers, corporate leaders from around the globe, delegations, academia, opinion makers to explore business opportunities, forge partnerships and collaborations.
The event has grown in size and stature attracting participation by over 4000 delegates from across India and 29 countries. Multiple delegations from Europe, America and Asia participated at the Summit. This underlined the primacy of West Bengal as an attractive investment destination and reflected the progressive policy regime of the Government of West Bengal.
Rs. 2,35,290.03 crores of business announcements, business document exchanges, expressions of interest and investment proposals were received at the Bengal Global Business Summit 2017.
Federation of Indian Chambers of Commerce and Industry (FICCI) was the Summit Partner, KPMG was the Knowledge Partner, IIM Calcutta was the Institutional Partner of the Bengal Global Business Summit 2017. Japan, Poland, Italy and Germany were the Partner Countries.