Mitsubishi Chemical Group is in preliminary talks with the West Bengal government to set up a semiconductor manufacturing unit.
The state has proposed sites in Durgapur and Panagarh, with a second delegation expected to conduct land inspections in late July.
Mitsubishi is a crucial supplier of advanced materials and specialty chemicals for the global semiconductor supply chain.
The state government is leveraging a new ₹5,000-crore investment framework to shift from a "permission-based" to a "facilitation-based" governance model.
The discussions face regional competition, as the Mitsubishi delegation also met with the Assam government to explore similar chemical engineering investments.
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