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Natural resources need to be utilised

I would like to see the new government catalyse investment and accelerate growth in the state. We need to push ahead on the development front.

Updated on: May 14, 2011 05:19 PM IST
Hindustan Times | By
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I would like to see the new government catalyse investment and accelerate growth in the state. We need to push ahead on the development front.

HT Image
HT Image

Over the past two centuries, Bengal has been known for its vast intellectual resources and cultural heritage. Our rich talent pool can be harnessed effectively by giving further emphasis to information technology businesses, tourism, healthcare and education.

Investment in infrastructure, particularly state highways, needs to be a priority with this government.

We have abundant natural resources in the sectors of iron and steel, tea and jute that can work towards our state’s advantage. These are the sectors where investments can be made and has a huge potential for growth.

Because of the Gangetic plain and the rich agricultural tradition, we have great opportunities in food processing. Unfortunately, not much development has taken place in this sector. Fishing is also another important but neglected area which has the potential to attract investors.

In view of the political uncertainty in the state over the last few years, some investors particularly those from outside the state, have adopted a wait and watch policy.

Harshavardhan Neotia is the chairman of Ambuja Realty

 
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