CII East India Summit 2025 Showcases Region’s Transformation into India’s Next Growth Engine
FinTech BizNews Service
Mumbai, August 19, 2025: The 4th Edition of the CII East India Summit 2025, organized by the Confederation of Indian Industry (CII) in Mumbai, brought together leading policymakers, industry captains, and experts to deliberate on the growth trajectory of Eastern India. With Bihar, Odisha, West Bengal, and Chhattisgarh presenting bold visions of economic transformation, the Summit underscored the region’s emergence as India’s next economic powerhouse.
Sr Ministers from Bihar, Odisha, Chhattisgarh & Bengal and Dr Praveer Sinha (Tata Power), Shashwat Goenka (RP Sanjiv Goenka Group), Rakshit Kejriwal (Phillips), Sunil Gupta (Vedanta), Anand Kumar (Tata Hitachi), Bajrang Goel (Shri Bajrang Power & Ispat), Sundar Balasubramanian (UPL), Kalyan Mohanty (IPICOL), Debashis Dutta (BGS Group), Yazad Marfatia (Apeejay Surrendra Park Hotels), Subrata Biswas (Blue Dart Express), Rupak Barua (Woodlands Hospital) ,Rishi Kumar Bagla (CMD, BG Electricals & Electronics India) , Vishal Vithal Kamat – (Kamat Hotels India) and many more addressed the CII East India Summit 2025 at Hotel Taj Mahal Palace, Colaba.
• Bihar Charts Bold Roadmap to $1 Trillion Economy by 2047”
• “Odisha Poised to Lead Eco-Friendly Agri-Tourism and Industrial Growth”
• “West Bengal Set to Become $401 Billion Economy by 2030–31”
• “Chhattisgarh Attracts Rs11,000 Crore Semiconductor Investments, Emerging as Green and Cost-Efficient Industrial Hub”
Bihar Charts Bold Roadmap to $1 Trillion Economy by 2047
In partnership with the Department of Industries, Government of Bihar, CII released the landmark Vision Document “Bihar: A USD 1 Trillion Opportunity.” The report outlines a comprehensive roadmap to transform Bihar into a leading investment destination and achieve a USD 1 trillion economy by 2047, with an optimistic projection of USD 1.1 trillion by 2046–47.
Highlighting Bihar’s impressive 14.5% GSDP growth in 2023–24, outpacing the national average, the document identifies agriculture, manufacturing, services, infrastructure, MSMEs, start-ups, renewable energy, and skill development as key growth drivers. With proactive policies, infrastructure upgrades, and strong industry-government collaboration, the vision calls on stakeholders to unlock Bihar’s immense potential and make it a frontrunner in India’s growth story.
Odisha Poised to Lead Eco-Friendly Agri-Tourism and Industrial Growth
Addressing the Summit, Shri Kanak Vardhan Singh Deo, Hon’ble Deputy Chief Minister of Odisha, spotlighted the state’s potential as a hub for eco-friendly agri-tourism. He emphasized Odisha’s rich landscapes and agricultural heritage in reconnecting people with nature, organic living, and sustainable practices.
Highlighting Odisha’s achievements in the power sector, Dr. Praveer Sinha, Chairman, CII National Committee on Power and CEO & MD, Tata Power, noted that Odisha’s pioneering PPP model in power distribution has ensured reliable electricity for 10 million customers at among the lowest tariffs in India, thereby making the state highly competitive for energy-intensive industries.
Adding perspective, Mr. Rishi Kumar Bagla, Chairman, CII Western Region, lauded Odisha’s industry-friendly tariff policies and their role in powering its industrialization journey, reinforcing its status as a magnet for steel, aluminum, and hydrogen sectors.
West Bengal Set to Become $401 Billion Economy by 2030–31
West Bengal’s resilient economy was showcased as another key driver of Eastern India’s rise. With a 6.8% GSDP growth in 2024–25 and contributing 35.9% to the Eastern region’s GDP, the state is projected by CII to reach USD 401.5 billion by 2030–31.
Driving this momentum are increased capital expenditure, thriving MSMEs, robust exports, and the emergence of new sectors such as medical tourism, rolling stock manufacturing, and semiconductors. With strong infrastructure, abundant mineral reserves, and a streamlined ease of doing business framework, West Bengal is positioning itself as an inclusive, investment-friendly, and innovation-driven hub for the future.
Chhattisgarh Attracts Rs11,000 Crore Semiconductor Investments, Emerging as Green and Cost-Efficient Industrial Hub
Representing Chhattisgarh, Mr. Prabhat Malik, IAS, Director, Directorate of Industries, Government of Chhattisgarh, highlighted the state’s rising profile as an industrial hub. The state has already attracted Rs11,000 crore in semiconductor investments, underscoring its potential in next-generation industries.
He emphasized that Chhattisgarh offers one of the lowest logistics costs in the country, a stable workforce with zero labour unrest, and a streamlined system where subsidy applications are cleared within 30 days. On urban innovation, he noted the development of Nava Raipur — India’s first greenfield smart city — designed to be 30% green, reflecting the state’s commitment to sustainability alongside industrial growth.
The East Rising
Welcoming participants, Mr. Shashwat Goenka, Vice Chairman, RP Sanjiv Goenka Group, underlined the East’s robust economic progress with GSDP growth above the national average, exports worth over USD 14 billion, FDI inflows exceeding USD 5 billion, and a thriving startup ecosystem of over 14,672 ventures generating 1.47 lakh jobs.
The East India Summit 2025 concluded on an optimistic note, reinforcing the narrative that with its dynamic mix of industrial reforms, startup vibrancy, next-gen investments, and sustainable growth initiatives, Eastern India is steadily emerging as the next engine of India’s economic growth.
