KOLKATA: Day One of the 5th edition of the Bengal Global Business Summit<\/a> (BGBS<\/a>) on Thursday witnessed two warring telecom giants — Reliance Jio<\/a> and Bharti Airtel<\/a> — making strong investment proposals to battle it out in the West Bengal<\/a> market.


As Reliance Industries chairman and managing director
Mukesh Ambani<\/a> announced the biggest investment proposal on the inaugural plenary session with a Rs 10,000 crore kitty, Rajan Bharti Mittal, the vice-chairman and managing director of Bharti Enterprises<\/a>, told TOI on the sidelines of the state’s showpiece business event that Bharti Airtel is likely to shell out around Rs 5,000 crore to expand and upgrade its telecom infrastructure in the next one year. According to Mittal, the money that Airtel will pump in will be utilised in increasing capacity, setting up more data centres, more 4G and fibre links.

The first day of the summit saw investment proposals worth over Rs 48,000 crore.

‘Jio largest investor in digital space in Bengal’<\/strong>

In his speech, Ambani said: “In 2016, when I first attended the Bengal Global Business Summit, Reliance’s investments in the state were Rs 4,500 crore. Today, our investments stand at Rs 28,000 crore in West Bengal alone. Now, we have firmed up our plan for a further investment of over Rs 10,000 crore. This plan is already under implementation.”

This accounts for about one-tenth of RIL’s total investments in India so far. “Jio has thus become the largest investor in the digital space in this state,” Ambani boasted. The upcoming investment will also include the company’s expenses to unveil its new e-commerce venture in the state.

According to Mittal, the money that Airtel will pump in will be utilised in increasing capacity, setting up more data centres, more 4G and fibre links. “Every year, we end up investing close to $3 billion in telecom arena in India,” he added.

The onset of Relaince Jio’s low pricing strategy has seen the other telecom players like Bharti Airtel and Vodafone-Idea bleeding profusely in the recent quarterly results. Bharti Airtel posted nearly 72% fall in net profit for the three months through December 31 at Rs 86.2 crore compared with a profit of Rs 306 crore in the year-ago quarter, while Vodafone Idea, India’s largest telecom firm by number of subscribers, reported a marginal increase in net loss of ₹5,005 crore in the same quarter.

Bharti Airtel has already claimed to have covered 100% of the Bengal area network while Ambani said Reliance Jio is all set to cover the whole population of the state within the current year. Both the companies are also making inroads into fibre-to-home business in the state.

Jio which has close to 1 lakh active Business Partners across Bengal has set up “Jio Points” as a direct distribution channel in deep rural markets, to cater to the growing rural market and each and every village in West Bengal.

Earlier, as the second speaker of the main plenary session, Ambani had set the ball rolling by addressing the packed audience of the Biswa Bangla Convention Centre at New Town, “Joy Bangla! Joy Biswa Bangla! I am happy to be back in Kolkata, truly the City of Joy.”

In his speech, Mittal echoed Ambani’s comment on the visible transformation of the state’s economy and infrastructure. “I am coming to Kolkata after a long gap. And I could not imagine this is the same place as I had seen at my younger age.” After finishing his speech, Mittal hugged Ambani on his way back to his seat on the dais.

Lauding Bengal’s phenomenal growth over the last decade, Ambani said: “West Bengal, along with the other eastern states, will contribute a quarter of India’s GDP by 2035.”

He explained: “Bengal’s GDP has crossed Rs 10 lakh crores. It was less than Rs 4 lakh crores at the beginning of this decade, when you (chief minister
Mamata Banerjee<\/a>) took reins of this state in your able hands. The rate of growth of the state’s GDP is 9.1%, which is higher than the national figure.”

This state accounts for the highest rise in credit flow to MSME sector among all Indian states while agriculture is booming, and farmers’ incomes are rising here, the RIL chairman added. “West Bengal is poised to become the logistics hub of the east, with plans to attract investments of Rs 5,000 crore by 2020, creating jobs for 50,000 people,” he added.

Both the company heads on Thursday claimed to be providing direct and indirect employment to about 100,000 people in West Bengal.

<\/p><\/body>","next_sibling":[{"msid":67894803,"title":"TikTok starts taking steps to pacify India's concerns","entity_type":"ARTICLE","link":"\/news\/tiktok-starts-taking-steps-to-pacify-indias-concerns\/67894803","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"67893589","title":"BGS","entity_type":"IMAGES","seopath":"city\/kolkata\/mukesh-mittal-make-rs-15k-cr-telecom-infra-pitch-for-state\/bgs","category_name":"Mukesh, Mittal make Rs 15,000 crore telecom infra pitch for Bengal","synopsis":"CM Mamata Banerjee with Mukesh Ambani and Amit Mitra","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-556107\/67893589.cms?width=150&height=112","link":"\/image\/city\/kolkata\/mukesh-mittal-make-rs-15k-cr-telecom-infra-pitch-for-state\/bgs\/67893589"}],"msid":67895005,"entity_type":"ARTICLE","title":"Mukesh, Mittal make Rs 15,000 crore telecom infra pitch for Bengal","synopsis":"Day One of the 5th edition of the Bengal Global Business Summit (BGBS) on Thursday witnessed two warring telecom giants \u2014 Reliance Jio and Bharti Airtel \u2014 making strong investment proposals to battle it out in the West Bengal market.","titleseo":"telecomnews\/mukesh-mittal-make-rs-15000-crore-telecom-infra-pitch-for-bengal","status":"ACTIVE","authors":[{"author_name":"Sovon Manna","author_link":"\/author\/7464\/sovon-manna","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/7464.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":7464,"author_name":"Sovon Manna","author_seo_name":"Sovon-Manna","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2019-02-08 09:30:49","lastupd":"2019-02-08 09:30:49","breadcrumbTags":["Mukesh Ambani","BGBS","Jio","Mamata Banerjee","Bharti Enterprises","Bengal Global Business Summit","Industry","West bengal","bharti airtel"],"secinfo":{"seolocation":"telecomnews\/mukesh-mittal-make-rs-15000-crore-telecom-infra-pitch-for-bengal"}}" data-authors="[" sovon manna"]" data-category-name="" data-category_id="" data-date="2019-02-08" data-index="article_1">

穆克什,米塔尔15000卢比电信下文孟加拉

第一天的第五版孟加拉全球商业峰会(BGBS)周四见证了两个敌对的电信巨头——信实Jio和Bharti Airtel,强劲的投资建议在西孟加拉市场。

Sovon吗哪
  • 从9点半发布于2019年2月8日,是坚持

加尔各答:第一天的第五版孟加拉全球商业峰会(BGBS周四)见证了两个敌对的电信巨头——依赖JioBharti Airtel——强劲的投资建议的西孟加拉市场。


信实工业董事长和董事总经理穆凯什•安巴尼最大的投资提议宣布就职全体会议10000卢比的小猫,Rajan Bharti米塔尔,副主席兼董事总经理Bharti企业间隙对钢铁洪流的展示品业务事件,Bharti Airtel可能支付大约5000卢比,扩大和改善其电信基础设施在未来一年。根据米塔尔,旅馆的钱将在将在增加产能,利用泵设置更多数据中心,4 g和纤维连接。

广告
峰会第一天看到投资建议超过48000卢比。

“孟加拉Jio最大投资者在数字空间”

在他的演讲中,安巴尼说:“在2016年,当我第一次参加了孟加拉全球商业峰会,依赖国家投资4500卢比。今天,我们站在投资28000卢比在西孟加拉邦。现在,我们已经敲定了计划的进一步投资超过10000卢比。这个计划已经开始实施。”

这大约占到印度瑞来斯投资总额的十分之一。“Jio因此成为最大的投资者在数字空间在这个状态,”巴尼吹嘘。即将到来的投资公司的费用还包括推出其新的电子商务风险。

根据米塔尔,旅馆的钱将在将在增加产能,利用泵设置更多数据中心,4 g和纤维连接。“每年,我们最终在印度的电信领域投资接近30亿美元,”他补充道。

发病Relaince Jio低定价策略等电信玩家Bharti Airtel,大量出血Vodafone-Idea在最近的季度业绩。Bharti Airtel公布净利润下降近72%在12月31日的三个月内86.2卢比,而去年同期为获利306卢比,沃达丰的想法,印度最大的电信公司以用户数量,增加边际报道₹5005卢比的在同一季度净亏损。

广告
Bharti Airtel已经声称已经覆盖了100%的孟加拉区域网络,而巴尼表示,信实Jio都设置为覆盖整个国家的人口在今年之内。同时企业也正在进入fibre-to-home业务。

Jio已接近1十万的活跃的商业伙伴在孟加拉成立了“Jio点”作为直接分销渠道深农村市场,满足日益增长的农村市场和每一个村庄在西孟加拉邦。

早些时候,第二次全体会议的主要发言人,安巴尼开始活动了寻址的拥挤的观众Biswa孟加拉会议中心在新城,“快乐孟加拉!快乐Biswa孟加拉!我很高兴回来在加尔各答,真正的快乐。”

在他的演讲中,米塔尔回荡巴尼的评论可见转型国家的经济和基础设施。“我来到加尔各答经过长时间的差距。我无法想象这是同一个地方,我看到在我的年轻时代。“完成他的演讲后,米塔尔拥抱安巴尼在他回到座位上讲台。

称赞孟加拉的非凡的增长在过去的十年里,安巴尼说:“西孟加拉邦,连同其他东部各州,将在2035年印度GDP的四分之一。”

他解释说:“孟加拉的GDP已经越过Rs 10十万的卢比。这是小于Rs 4十万的卢比在本世纪初,当你(首席部长班纳吉)把缰绳的状态在你的手中。国家的GDP的增长率是9.1%,高于全国的人物。”

这种状态占的最高信贷流向上升MSME部门在所有印度国家农业蓬勃发展,和农民收入正在上升,瑞来斯主席补充道。“西孟加拉的物流中心将成为东部,计划吸引投资5000卢比到2020年,为50000人创造就业,”他补充道。

公司负责人周四声称提供直接和间接就业在西孟加拉邦大约有100000人。

  • 从9点半发布于2019年2月8日,是坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序

KOLKATA: Day One of the 5th edition of the Bengal Global Business Summit<\/a> (BGBS<\/a>) on Thursday witnessed two warring telecom giants — Reliance Jio<\/a> and Bharti Airtel<\/a> — making strong investment proposals to battle it out in the West Bengal<\/a> market.


As Reliance Industries chairman and managing director
Mukesh Ambani<\/a> announced the biggest investment proposal on the inaugural plenary session with a Rs 10,000 crore kitty, Rajan Bharti Mittal, the vice-chairman and managing director of Bharti Enterprises<\/a>, told TOI on the sidelines of the state’s showpiece business event that Bharti Airtel is likely to shell out around Rs 5,000 crore to expand and upgrade its telecom infrastructure in the next one year. According to Mittal, the money that Airtel will pump in will be utilised in increasing capacity, setting up more data centres, more 4G and fibre links.

The first day of the summit saw investment proposals worth over Rs 48,000 crore.

‘Jio largest investor in digital space in Bengal’<\/strong>

In his speech, Ambani said: “In 2016, when I first attended the Bengal Global Business Summit, Reliance’s investments in the state were Rs 4,500 crore. Today, our investments stand at Rs 28,000 crore in West Bengal alone. Now, we have firmed up our plan for a further investment of over Rs 10,000 crore. This plan is already under implementation.”

This accounts for about one-tenth of RIL’s total investments in India so far. “Jio has thus become the largest investor in the digital space in this state,” Ambani boasted. The upcoming investment will also include the company’s expenses to unveil its new e-commerce venture in the state.

According to Mittal, the money that Airtel will pump in will be utilised in increasing capacity, setting up more data centres, more 4G and fibre links. “Every year, we end up investing close to $3 billion in telecom arena in India,” he added.

The onset of Relaince Jio’s low pricing strategy has seen the other telecom players like Bharti Airtel and Vodafone-Idea bleeding profusely in the recent quarterly results. Bharti Airtel posted nearly 72% fall in net profit for the three months through December 31 at Rs 86.2 crore compared with a profit of Rs 306 crore in the year-ago quarter, while Vodafone Idea, India’s largest telecom firm by number of subscribers, reported a marginal increase in net loss of ₹5,005 crore in the same quarter.

Bharti Airtel has already claimed to have covered 100% of the Bengal area network while Ambani said Reliance Jio is all set to cover the whole population of the state within the current year. Both the companies are also making inroads into fibre-to-home business in the state.

Jio which has close to 1 lakh active Business Partners across Bengal has set up “Jio Points” as a direct distribution channel in deep rural markets, to cater to the growing rural market and each and every village in West Bengal.

Earlier, as the second speaker of the main plenary session, Ambani had set the ball rolling by addressing the packed audience of the Biswa Bangla Convention Centre at New Town, “Joy Bangla! Joy Biswa Bangla! I am happy to be back in Kolkata, truly the City of Joy.”

In his speech, Mittal echoed Ambani’s comment on the visible transformation of the state’s economy and infrastructure. “I am coming to Kolkata after a long gap. And I could not imagine this is the same place as I had seen at my younger age.” After finishing his speech, Mittal hugged Ambani on his way back to his seat on the dais.

Lauding Bengal’s phenomenal growth over the last decade, Ambani said: “West Bengal, along with the other eastern states, will contribute a quarter of India’s GDP by 2035.”

He explained: “Bengal’s GDP has crossed Rs 10 lakh crores. It was less than Rs 4 lakh crores at the beginning of this decade, when you (chief minister
Mamata Banerjee<\/a>) took reins of this state in your able hands. The rate of growth of the state’s GDP is 9.1%, which is higher than the national figure.”

This state accounts for the highest rise in credit flow to MSME sector among all Indian states while agriculture is booming, and farmers’ incomes are rising here, the RIL chairman added. “West Bengal is poised to become the logistics hub of the east, with plans to attract investments of Rs 5,000 crore by 2020, creating jobs for 50,000 people,” he added.

Both the company heads on Thursday claimed to be providing direct and indirect employment to about 100,000 people in West Bengal.

<\/p><\/body>","next_sibling":[{"msid":67894803,"title":"TikTok starts taking steps to pacify India's concerns","entity_type":"ARTICLE","link":"\/news\/tiktok-starts-taking-steps-to-pacify-indias-concerns\/67894803","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"67893589","title":"BGS","entity_type":"IMAGES","seopath":"city\/kolkata\/mukesh-mittal-make-rs-15k-cr-telecom-infra-pitch-for-state\/bgs","category_name":"Mukesh, Mittal make Rs 15,000 crore telecom infra pitch for Bengal","synopsis":"CM Mamata Banerjee with Mukesh Ambani and Amit Mitra","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-556107\/67893589.cms?width=150&height=112","link":"\/image\/city\/kolkata\/mukesh-mittal-make-rs-15k-cr-telecom-infra-pitch-for-state\/bgs\/67893589"}],"msid":67895005,"entity_type":"ARTICLE","title":"Mukesh, Mittal make Rs 15,000 crore telecom infra pitch for Bengal","synopsis":"Day One of the 5th edition of the Bengal Global Business Summit (BGBS) on Thursday witnessed two warring telecom giants \u2014 Reliance Jio and Bharti Airtel \u2014 making strong investment proposals to battle it out in the West Bengal market.","titleseo":"telecomnews\/mukesh-mittal-make-rs-15000-crore-telecom-infra-pitch-for-bengal","status":"ACTIVE","authors":[{"author_name":"Sovon Manna","author_link":"\/author\/7464\/sovon-manna","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/7464.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":7464,"author_name":"Sovon Manna","author_seo_name":"Sovon-Manna","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2019-02-08 09:30:49","lastupd":"2019-02-08 09:30:49","breadcrumbTags":["Mukesh Ambani","BGBS","Jio","Mamata Banerjee","Bharti Enterprises","Bengal Global Business Summit","Industry","West bengal","bharti airtel"],"secinfo":{"seolocation":"telecomnews\/mukesh-mittal-make-rs-15000-crore-telecom-infra-pitch-for-bengal"}}" data-news_link="//www.iser-br.com/news/mukesh-mittal-make-rs-15000-crore-telecom-infra-pitch-for-bengal/67895005">