Bharti Group to invest INR 3,000-4,000 cr in West Bengal over next 3-4 years

Bharti_Group_to_invest_INR_3_000-4_000_cr_in_West_Bengal_over_next_

Bharti group will be investing INR 3,000-to-4,000 cr over the next three years in growing its telecoms and other businesses in West Bengal, said Rakesh Mittal, Vice Chairman, Bharti Enterprises at the Bengal Global Business summit.
The bulk of the upcoming investments will go into growing Bharti’s mobile networks and tower infrastructure in the state, he said. While the balance will be channelled by group company, Centum Learning towards skills development and job creation, added Rakesh.
The skills development arm of Bharti Enterprises, Centum Learning will partner with the West Bengal government to deliver vocational training, with an aim to boost youth employability in the state, said a company official.
Telecom flagship Bharti Airtel will ramp up 3G and 4G networks in Kolkata and West Bengal circles, in the immediate term.
The company is the second-largest mobile operator in the state after the market leader Vodafone India with almost 15 million-plus and 5 million customers in West Bengal and Kolkata circles respectively.
Also Mittal suggested that the State to opt for a “uniform policy” when it comes to right of vat charges. Because, as of now Bengal has the highest such charge compared to other States.
“The State Government should look into these areas too for (telecom) connectivity,” he added.

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