“We had sent him an invite for the meet and he, along with other domestic and foreign investors, will be attending the meeting",said West Bengal commerce and industries minister Partha Chatterjee. However, local ADAG officials have denied that they have received any kind of intimation about Ambani's visit.
Having taken over the role of CM after the defeat of the communists, Banerjee has planned to hold an investor's meet on June 18 to lure Ambani and other industry leaders to invest in West Bengal by producing an industry-friendly image of the state and assuring the the potential investors that the government is ready to do its bit in a bid to ensure growth and development in the state which won't be possible without investment.
View: While this is a step in the positive direction but the new chief minister should also make the state tax-friendly and bring in auto-industry which has high employee needs. The CM should also overhaul the education system to provide better growth opportunity.
Meanwhile, Anil Ambani should straighten the affairs at R-Com. Despite being one of the biggest telecom company in the country, it has lost a lot of its value because of scam allegation on the company. And in its bid to win market share the company has been losing a lot of money.