Ashok Lahiri's advice on ways to boost Bengal industry: Large factories, port, park

Executive Brief • Key Highlights
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- ✓Niti Aayog vice-chairman Ashok Lahiri said Bengal needs large projects to boost its economy.
- ✓He suggested a deep-sea port and a modern industrial park in Singur to help.
- ✓"Such projects would serve as a wake-up call for investors," he said at a Calcutta event on Friday.
Story at a Glance
- Category
- MARKET
- Reported By
- The Telegraph
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
The Niti Ayog vice-chairman has identified a proposed deep-sea port and a modern industrial park in Singur as potential catalysts for a turnaround
Niti Aayog vice-chairman Ashok Lahiri has argued that Bengal needs a decisive shift in its industrial strategy, proposing large marquee projects and fresh investments in manufacturing to reverse the years of economic stagnation and lift the sluggish credit-deposit ratio.
Lahiri has identified a proposed deep-sea port and a modern industrial park in Singur as potential catalysts for a turnaround, alongside the establishment of some large manufacturing units and a stable, predictable industrial policy.
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