Dailymirror.news,Kolkata, February 6th, 2025: Ambuja Neotia Group, one of East India’s leading business conglomerates, has unveiled an ambitious investment plan to infuse over ₹15,000 crores into West Bengal over the next five years.

The investments will span across multiple sectors, including healthcare, hospitality, tourism, residential and commercial real estate, as well as the development of a first-of-its-kind golf-themed township, reinforcing the Group’s unwavering commitment to the state’s economic development.

At the 8th Bengal Global Business Summit in Kolkata, Harshavardhan Neotia, Chairman of Ambuja Neotia Group, expressed gratitude to the Government of West Bengal for creating a conducive business environment.

He highlighted the state’s strategic advantages, including its skilled workforce, expanding infrastructure, and access to key Asian markets. He also commended the proactive governance and support of Chief Minister Mamata Banerjee, which has catalyzed investment opportunities in the region.

Investment Breakdown:

1. Healthcare: ₹1,500 CroresAmbuja Neotia plans to establish five new hospitals across West Bengal, including three in Kolkata, one in Durgapur, and one in Siliguri. These greenfield projects will add 1,300 beds to the healthcare sector, with two hospitals already under construction and the remaining three expected to commence operations within the year.
2. Hospitality & Tourism: ₹2,700 CroresTo bolster the tourism sector in the state, Ambuja Neotia will partner with Taj Hotels to develop a luxury hospitality circuit. This will include seven premium hotels in popular destinations such as Darjeeling, Kalimpong, Lataguri (Dooars), Digha, the Sundarbans, Shantiniketan, and Raichak. The initiative will introduce 600 five-star rooms with an investment of ₹1,200 crores. Additionally, two convention hotels, with a combined capacity of 800 rooms, will be built in Kolkata and Siliguri, at an investment of ₹1,500 crores.
3. Golf-Themed Township: ₹5,000 CroresAmbuja Neotia is also set to introduce Bengal’s first international-standard golf township, featuring an 18-hole golf course, golf-view villas, apartments, a golf hotel, a clubhouse, and premium lifestyle amenities. The 240-acre project, which has been in the planning stages for several years, has already begun preliminary development.
4. Residential & Commercial Developments: ₹6,500 CroresThe Group has nine large-scale real estate projects in progress and plans to deliver 10.5 million sq. ft. of residential and commercial space over the next four to five years.

A Vision for Bengal’s Growth

These strategic investments will drive employment, boost infrastructure, and catalyze economic progress across West Bengal.

Harshavardhan Neotia, Chairman of Ambuja Neotia Group, remarked, “Bengal has always been our home and our karmabhoomi. We are dedicated to its growth, and these projects will create new opportunities, enhance infrastructure, and solidify Bengal’s position as a hub for business and tourism.”

The investments come at a time when West Bengal is experiencing significant infrastructural growth, including expanded metro connectivity, improved road networks, and enhanced air travel options to Durgapur, Bagdogra, and Kolkata.

Through these efforts, Ambuja Neotia Group is committed to contributing to Bengal’s economic, social, and infrastructural development, creating opportunities for progress across the state.