Business

ITC to invest Rs 3k cr in 3 projects in WB

PTI

Diversified conglomerate ITC on Wednesday unveiled three projects in West Bengal involving an investment of Rs 3,000 crore. Chief Minister Mamata Banerjee laid the foundation stone of an integrated consumer goods manufacturing unit at Panchla in Howrah district and an IT Park at Rajarhat near Kolkata.

Banerjee also pre-commissioned another consumer goods manufacturing facility at Uluberia, also at Howrah.

 The first plant was expected to be commissioned by January 2017, while the other pre-commissioned one by May this year. The IT Park would be commissioned in phases starting 2018. ITC Chairman YC Deveshwar said that this was beginning of a fresh chapter in the long history of the company in West Bengal.