The West Bengal Bharatiya Janata Party State president, Samik Bhattacharya, on Tuesday (May 12, 2026) said that their new government will adopt new land policies to bring industries to the State. 

Addressing a group of industrialists present at the 139th Annual General Meeting of Bengal National Chamber of Commerce & Industry, Mr. Bhattacharya said that at one point in time Bengal used to compete with Maharashtra in industries, but under the previous government that culture has been destroyed. 

“We must bring bigger industries into West Bengal, there is no future without it... We have fertile land, if we do not have land policies, then industries will not be possible... We promise that no party will ask for money if you want to open factories... We will bring a new land policy, the models which have succeeded in Punjab and Haryana,” Mr. Bhattacharya said. 

Mr. Bhattacharya, a senior BJP leader and Rajya Sabha MP, said that Bengal is geographically blessed, and the State should draw more investments, including foreign investments. He said that large-scale industrialisation is the way forward to stop the exodus of people from the State and retain talent in West Bengal. 

Industrialist, Sanjay Jain, MD of the Siddha Group who was also present at the event said that the new government formation may be a good opportunity for the State to attract investments, accelerate urban development, and strengthen its position as a major economic destination in eastern India. 

“With the formation of the new government in West Bengal, the industry and business community is hopeful about renewed focus on infrastructure development, faster policy implementation, ease of doing business, and investor confidence,” Mr. Jain said while addressing the industry members. 

In a related development, Professor Alok Kumar Rai, director of the Indian Institute of Management, Calcutta addressed a session at the Bharat Chamber of Commerce in Kolkata where industry experts and academics called for better partnership and synergy between academia and industries. 

“Institutions of higher learning and centres of management excellence need to work in partnership with industry to prepare the State for the demands of a rapidly transforming national and global economy,” Naresh Pachisia, President, Bharat Chamber of Commerce said on Tuesday (May 12, 2026). 

Addressing the same issue, Prof. Rai said that Bengal’s future lies in shifting from a traditional manufacturing mindset to a high-value “knowledge-based” economy, utilizing the state’s educational infrastructure and bridging the gap between academic learnings and its direct implications on the industries.