Bengal gets big-time investment! Mukesh Ambani’s Reliance Jio invests Rs 1,000 crore
Even in the middle of the COVID-19 pandemic gloom, Bengal has attracted a big-time investment of more than Rs 1,000 crore. This time it is Mukesh Ambani-led Reliance Jio who will set up a cable landing station in Digha. Hon’ble Chief Minister Mamata Banerjee said that the project will boost West Bengal’s sub-sea broadband connectivity links with European and Asian markets, thereby helping the state to attract tech investments and in turn create jobs.
The Chief Minister also announced that her government will build a deep-sea port near the proposed site of the Digha landing station, adding that the state will come up with a broadband policy soon. Sub-sea cables provide crucial global telecommunication links between countries. These systems, laid on the ocean floor, stretch between land-based stations in several nations. This station will help in increasing the speed of data generation for the whole of Eastern India as well as South-east Asia and will attract a global business community to the state.
Once the landing station becomes operational, it is expected to transform West Bengal’s IT and ITeS sectors, attracting more big-ticket investments and further generating employment. It will also help to turn Kolkata and the adjoining cities into Data Centres and IT hubs.
