ITC to invest Rs 3,000 cr in West Bengal – Feedback

Cigarettes to consumer goods major ITC Ltd on Wednesday unveiled three major projects in West Bengal, where it is headquartered, which could mean an investment of nearly Rs 3,000 crore.

These projects involve two integrated consumer goods manufacturing facilities in Uluberia (400,000 sq ft) and Panchla (800,000 sq ft) and an information technology (IT) facility (2.7 million sq ft) in Rajarhat, near the state’s capital. Earlier, while appreciating West Bengal chief minister Mamata Banerjee’s endeavour to attract investment, ITC chairman Y C Deveshwar had planned a total investment of Rs 4,500 crore, which included developing a 500-room hotel here.

http://www.business-standard.com/article/companies/itc-to-invest-rs-3-000-cr-in-west-bengal-116021000878_1.html

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