Sanjiv Goenka Advocates for Consistency to Revive Kolkata's Glory
What Will It Take To Make Kolkata Great Again? Sanjiv Goenka Explains
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Industrialist Sanjiv Goenka believes Kolkata can reclaim its status as a leading city if West Bengal maintains consistent policies. In an interview, he emphasized the importance of predictability for investors and pointed out that past issues in the state are now obsolete. He remains optimistic about the region's economic resilience despite short-term disruptions.
- 01Sanjiv Goenka calls for policy consistency in West Bengal to attract investment.
- 02He believes Kolkata can regain its former status as a leading city.
- 03Goenka emphasizes that past issues in Bengal are no longer relevant.
- 04He remains confident in the resilience of the Indian economy despite external shocks.
- 05The Bengal assembly elections are set for April 23 and 29, with results on May 4.
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In an exclusive interview with NDTV, Sanjiv Goenka (chairman of RPSG Group) discussed the potential for Kolkata to regain its status as a leading city, akin to Bengaluru today. He stressed that West Bengal must avoid changing policies every two years to foster investor confidence. Goenka pointed out that the perception of Bengal as a state plagued by strikes and inefficiency is outdated, asserting that these issues are remnants of the past. He highlighted the importance of predictability in policy-making for attracting capital and ensuring economic growth. Despite short-term disruptions due to the Iran-US war, Goenka expressed optimism about the resilience of the Indian market, noting that businesses in sectors like renewable energy and BPO have remained stable. He compared the situation in West Bengal to Karnataka, which has successfully attracted technology investments through consistent policies. The upcoming Bengal assembly elections will take place in two phases on April 23 and 29, with counting scheduled for May 4.
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If West Bengal adopts consistent policies, it could lead to increased investment and economic growth, benefiting local businesses and job seekers.
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