Will do something for Singur, West Bengal CM signals fresh industrial push
Chief Minister Suvendu Adhikari said that the government was in talks with Ashok Leyland for setting up a plant at Singur
On November 5, 2026, the Chief Minister of West Bengal, Suvendu Adhikari, introduced the State's new Investment Promotion Policy 2026 at Eco Park in New Town. The policy aims to create a favorable environment for investments, attract both domestic and international investments, and generate employment. Adhikari highlighted the policy's focus on heavy, medium, and small industries, transparent land allocation, and industry-friendly infrastructure.
Adhikari expressed his pride in unveiling the ambitious roadmap designed to foster sustainable investment and high-value industries. He announced special incentives, up to 120 percent, for investing in plants and machinery, as well as incentives for small, medium, and large industries across various sectors. Adhikari also mentioned that the previous government had signed Memorandums of Understanding (MoUs) for infrastructure, and criticized Mamata Banerjee's government for not providing land for setting up industries.
When asked about the Singur land dispute, Adhikari stated that 'something' will be resolved soon regarding the land. He mentioned that discussions were underway with the Ashok Leyland group to establish a significant unit on the abandoned Tata land at Singur. However, Adhikari did not provide further details until the situation is finalized.
The Chief Minister also announced that the government had spoken to Ashok Leyland regarding a Rs 650 crore investment in Singur. He assured that the government would neither use police force to evict landowners nor resort to violence against farmers, as previously done. Adhikari emphasized that the current government would not employ tactics similar to those employed by the Trinamool Congress (TMC) government during its tenure.
Critiquing the previous government, Adhikari dismissed any 'gimmicks' or superficial promises made by the TMC. He acknowledged the high unemployment rate among young people and the exodus of migrant workers seeking employment opportunities. Adhikari mentioned that the government was in talks with HUDCO, NABARD, and the Asian Development Bank (ADB) for funds to purchase land.
He proudly stated that the government already possessed land in Haringhata and Panagarh, and within the next few months, it would have a capacity of Rs. One lakh crore to initiate and support new ventures.
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