Haldia, Oct. 14 -- Calling for a radical industrial and technological transformation of West Bengal, Haldia Petrochemicals Limited chairman Purnendu Chatterjee on Wednesday set a target of building a Rs 4.7-trillion economy by 2047, proposing a sovereign wealth fund and a major expansion of manufacturing and deep-tech industries to generate employment and finance the state's welfare commitments.
Speaking at the inauguration of the Haldia Phenol Acetone Project, Chatterjee said Bengal had the resources and intellectual capital to achieve an annual growth rate of 14 to 15 per cent, but would have to move beyond conventional industries and capture the emerging global profit pools in artificial intelligence, data centres, robotics, quantum tec...