The West Bengal Cabinet has cleared land to a number of investors ensuring an investment of Rs 1,004.25 crore with the direct employment opportunities to 1,539 people in the state.

The state finance and industry minister Amit Mitra said that all these land have been allotted to the investors within various industrial parks controlled by the WBIDC.

Altogether 14 units would come up over 97 acres of land under five industrial parks, he added.

CPF (India) Pvt Ltd and Prasad Seeds Pvt Ltd would set up their units under Vidyasagar Industrial Park at Kharagpur with an investment of Rs 550 crore and Rs 15 crore respectively. Emami Cement Ltd would set up its Rs 418 crore unit at the Panagarh Industrial Park in Burdwan district, while Essar Oil Ltd under the same Park, also got its required land cleared for laying its proposed pipeline, he said.

Know more on share trading