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CM Adhikari hails ₹4,000 crore investment as boost for West Bengal’s economy

Published August 18, 2026 · Updated August 18, 2026 · By Joseph Lopez - indiadailyupdate.com

Foto : Joseph Lopez - indiadailyupdate.com

Indiadailyupdate.com – CM Adhikari hails 4 000 crore investment as West Bengal's most ambitious industrial bet yet. At the foundation-stone ceremony held on Monday for the ₹4,000-crore Amit Metalinks steel plant in Raghunathpur, Purulia district, Chief Minister Suvendu Adhikari framed the project as a watershed moment for the state's economy. The facility is projected to generate roughly 5,000 direct and indirect jobs, making it the single largest private-sector investment recorded in West Bengal to date.

A New Industrial Era for West Bengal

Speaking to a gathering of officials and local residents, Adhikari stressed that industrialisation is indispensable for lifting the state out of chronic unemployment. He directed that local workers, including those without formal training, be given priority in filling entry-level positions at the plant. The CM also drew a sharp contrast with the preceding 34-year Left Front era, which he described as an age of trade-union politics and coercive land acquisition that deterred private capital from entering the state.

"In the last 15 years there has been no industry. Only distribution of dole and high appeasement politics. We want to come out of this too. We want industrial growth, employment and ancillary industries," Adhikari declared, adding that West Bengal must pull ahead of neighbouring states through sustained infrastructure development.

"West Bengal government is always ready to provide whatever support is required. Every month, every moment you will see how we move towards industrial growth."

The ceremony that CM Adhikari hails as a 4,000-crore milestone also marked the foundation stone of a second steel venture: the ₹1,000-crore Shyam Steel project. Adhikari

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