Sourav Ganguly is all set to Invest in a new venture with INR 2,500 crore. Dada is to be involved in entrepreneurship with a steel plant.
SOURAV GANGULY TO INVEST IN A STEEL PLANT
Dada is to be involved in entrepreneurship with a steel plant project in Salboni, in Midnapore, West Bengal. In addition, the steel plant will yield opportunities for over 6000 people for employment.
Sourav Ganguly aka Dada in an interview with ABP Ananda news channel, revealed that he had already invested in projects since 2007. In addition, he also said that the current investment is going to be his third project. While his first plant was in Asansol, the second was in Patna, and the current is in Salboni.
Sourav Ganguly in an interview with ABP Ananda news channel stated
“I have been investing since 2007, along with a friend… I was playing cricket, but he (the friend) has been basically looking after it. This is going to be the third plant. The first plant was in Asansol, then we set up another in Patna and this one will be in Salboni”
He further added
“JSW had taken up land for a steel plant, which they did not set up. Now, we will set up an integrated steel plant there…. We will have everything in one place. The initial investment will be Rs 2,500 crore… To begin with, it will result in job creation for around 6,000 people and then we will ramp up and another 50 per cent will be added to the workforce”
The Steel Plant in Salboni is to be directed by Captain Steel India Ltd.
The owner of Capital Steel, Sanjay Gupta said
“Sourav is like family. We have been associated with him for years. In the Salboni project, he will be a stakeholder also”
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