West Bengal is a major agricultural producer in India, with rice being the primary crop. In 2016-17, rice production in West Bengal totaled 15.1 million tonnes, making it the largest rice producer in the country. Other key crops produced in large quantities in West Bengal include potato, jute, sugarcane, wheat, rapeseed, mustard, maize, onion, pulses, coconut and tea. The state is also the largest producer of jute in India. Agriculture contributes significantly to West Bengal's economy and employed around 18.8% of the state's workforce in 2014-15.
West Bengal is one of India's largest economies with a GSDP of US$ 140.56 billion in 2015-16. Agriculture is the main occupation in the state, with rice being the principal crop. West Bengal is the largest producer of rice and the 9th largest producer of minerals in India. The state aims to increase annual textile industry sales to US$ 21.5 billion by 2022-23. Infrastructure development, including ports, airports and roads, is a focus to support business growth opportunities in sectors like IT, manufacturing and services.
West Bengal has a large economy as its GSDP in 2017-18 was US$ 158.40 billion. It is a major producer of rice and potato in India. Kolkata is emerging as an IT hub with 25 IT parks established or being set up. The state aims to increase agriculture productivity, power generation, and improve transportation and social infrastructure by 2022 to further economic development.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at a CAGR of 11.88% from 2011-12 to 2017-18. The state is the largest producer of rice and second largest producer of potato in India. Kolkata is emerging as a major IT hub with 25 IT parks established or under development. The document provides an overview of West Bengal's economy, key sectors, policies and initiatives to promote economic growth.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at a CAGR of 11.88% from 2011-12 to 2017-18, making it one of India's largest state economies. The state is the largest producer of rice and second largest producer of potato in India. Kolkata is emerging as a major IT hub with 25 IT parks established or under development. West Bengal received US$ 5.1 billion in FDI from 2000 to 2018 and has potential to attract over US$ 0.71 billion in investments in logistics by 2020.
- West Bengal is India's 6th largest economy with a GSDP of $140.56 billion in 2015-16 and grew at a CAGR of 10.42% from 2005-16.
- Agriculture is the chief occupation, with rice being the largest crop and West Bengal being the largest rice producer in India.
- Other key sectors include IT, manufacturing such as textiles, and minerals such as coal, with West Bengal being the 3rd largest mining state.
West Bengal had a GSDP of US$ 163.87 billion in 2017-18 and grew at an average annual rate of 12.47% from 2011-12 to 2017-18. The services sector contributed 57.15% to the state's GSVA in 2017-18, making it the largest sector. FDI inflows into West Bengal between April 2000 to December 2017 totalled US$ 4.19 billion. Exports from the state grew to US$ 8.25 billion in 2016-17.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at an average annual rate of 11.88% from 2011-12 to 2017-18. The state contributes around 1% to India's total FDI inflows and received investment proposals worth US$ 33.83 billion at the Bengal Global Business Summit in January 2017. Major sectors that contribute to the state's economy include agriculture, industry and services. The services sector is the largest contributor to GSVA, accounting for 57.15% in 2017-18.
West Bengal has a large economy and is a major producer of rice, potato and coal. The state aims to develop Kolkata as a major IT hub and has established several IT parks. West Bengal also aims to increase the contribution of the textile industry to the state's GDP and establish new industrial sectors. The state government has outlined a vision for 2022 to improve agriculture, power supply, infrastructure, healthcare and education.
West Bengal is one of India's largest economies with a GSDP of US$ 140.56 billion in 2015-16. Agriculture is the main occupation in the state, with rice being the principal crop. West Bengal is the largest producer of rice and the 9th largest producer of minerals in India. The state aims to increase annual textile industry sales to US$ 21.5 billion by 2022-23. Infrastructure development, including ports, airports and roads, is a focus to support business growth opportunities in sectors like IT, manufacturing and services.
West Bengal has a large economy as its GSDP in 2017-18 was US$ 158.40 billion. It is a major producer of rice and potato in India. Kolkata is emerging as an IT hub with 25 IT parks established or being set up. The state aims to increase agriculture productivity, power generation, and improve transportation and social infrastructure by 2022 to further economic development.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at a CAGR of 11.88% from 2011-12 to 2017-18. The state is the largest producer of rice and second largest producer of potato in India. Kolkata is emerging as a major IT hub with 25 IT parks established or under development. The document provides an overview of West Bengal's economy, key sectors, policies and initiatives to promote economic growth.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at a CAGR of 11.88% from 2011-12 to 2017-18, making it one of India's largest state economies. The state is the largest producer of rice and second largest producer of potato in India. Kolkata is emerging as a major IT hub with 25 IT parks established or under development. West Bengal received US$ 5.1 billion in FDI from 2000 to 2018 and has potential to attract over US$ 0.71 billion in investments in logistics by 2020.
- West Bengal is India's 6th largest economy with a GSDP of $140.56 billion in 2015-16 and grew at a CAGR of 10.42% from 2005-16.
- Agriculture is the chief occupation, with rice being the largest crop and West Bengal being the largest rice producer in India.
- Other key sectors include IT, manufacturing such as textiles, and minerals such as coal, with West Bengal being the 3rd largest mining state.
West Bengal had a GSDP of US$ 163.87 billion in 2017-18 and grew at an average annual rate of 12.47% from 2011-12 to 2017-18. The services sector contributed 57.15% to the state's GSVA in 2017-18, making it the largest sector. FDI inflows into West Bengal between April 2000 to December 2017 totalled US$ 4.19 billion. Exports from the state grew to US$ 8.25 billion in 2016-17.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at an average annual rate of 11.88% from 2011-12 to 2017-18. The state contributes around 1% to India's total FDI inflows and received investment proposals worth US$ 33.83 billion at the Bengal Global Business Summit in January 2017. Major sectors that contribute to the state's economy include agriculture, industry and services. The services sector is the largest contributor to GSVA, accounting for 57.15% in 2017-18.
West Bengal has a large economy and is a major producer of rice, potato and coal. The state aims to develop Kolkata as a major IT hub and has established several IT parks. West Bengal also aims to increase the contribution of the textile industry to the state's GDP and establish new industrial sectors. The state government has outlined a vision for 2022 to improve agriculture, power supply, infrastructure, healthcare and education.
West Bengal has a large and growing economy, with a GSDP of US$ 132.86 billion in 2014-15. The document outlines West Bengal's vision for 2022, which includes goals for agriculture, infrastructure, economic development, education and other sectors. It also highlights the state's cultural heritage and competitive advantages such as connectivity, labor pool and lower costs of business. West Bengal is a major producer of rice, potato, jute and other crops, and has significant mineral resources.
West Bengal has a large and growing economy, with a GSDP of US$ 132.86 billion in 2014-15. Agriculture is the main occupation, with rice, potato, jute, sugarcane and wheat among the top crops. West Bengal is the largest producer of rice in India, producing 16.1 million tonnes in 2015-16. The state aims to develop sectors like IT and textiles under its Vision 2022 plan to boost economic growth.
West Bengal has a large and growing economy, with its GSDP reaching US$132.86 billion in 2014-15. It is the largest producer of rice and second largest producer of potatoes in India. Kolkata is emerging as a major IT hub, with the establishment of several IT parks. The state has a rich pool of skilled labor and excellent connectivity via rail, road, ports and airports. Its Vision 2022 aims to further develop sectors such as agriculture, industry and infrastructure to promote economic growth.
Gujarat has experienced strong economic growth, with its GSDP growing at an average annual rate of 11.56% from 2005-06 to 2015-16. The state's per capita GSDP and NSDP have also increased substantially over this period. While the tertiary sector is the largest contributor to GSDP, all three sectors - primary, secondary and tertiary - have experienced robust growth. Agriculture is an important part of the economy, with production of crops like rice, wheat, cotton and groundnuts. The state government is undertaking various initiatives and investments to further promote agriculture and rural development.
Gujarat has attracted US$ 16 billion in FDI from April 2000 to December 2016, accounting for 4.6% of India's total FDI inflows. The state government held an expo and summit in Rajkot in January 2016 where MoUs worth US$ 341.88 million were signed. Gujarat has a vision to become a globally competitive, knowledge-based and tourist destination by 2020 through developing world-class infrastructure, attracting investments, and improving social amenities and education.
Gujarat has experienced high economic growth rates in recent years. Some key points:
- Gujarat's GDP grew at an average annual rate of 11.56% from 2005-06 to 2015-16.
- FDI inflows into Gujarat between April 2000 to December 2016 totaled $16 billion, accounting for 4.6% of India's total FDI inflows.
- Gujarat has a strong industrial base and is a leader in sectors like petrochemicals, automobiles, and dairy. It accounts for 25% of India's exports despite having only 5% of the country's population.
Gujarat is a growth engine of India with strong economic performance. Some key points:
- Gujarat accounts for 4.6% of India's total FDI inflows and is the second preferred investment destination.
- The state has a strong industrial base including textiles and is the petro capital of India.
- Infrastructure development is a focus with ports, airports and roads being expanded.
- The state aims to further develop key sectors like energy, tourism and industry by 2020 with a vision of improving living standards.
West Bengal is one of India's largest state economies, with a GSDP of US$140.56 billion in 2015-16. The state is the largest producer of rice and the second largest producer of potatoes in India. West Bengal also has a rich mineral resource base, with coal accounting for 99% of extracted minerals. Kolkata is emerging as a major IT hub in Eastern India with the establishment of several IT parks. The state government has set the target of increasing annual textile sales from US$4.5 billion in 2014-15 to US$21.5 billion by 2022-23.
Punjab has emerged as a key textiles hub and has a strong agricultural base as the largest wheat and rice producer in India. The state economy is growing at a compound annual growth rate of 10.2% with services contributing the most at 46.7% of GSDP in 2017-18. Punjab aims to increase focus on renewable energy and attract more investment from agriculture and services.
Gujarat has received $16 billion in FDI from 2000-2016, accounting for 4.6% of India's total FDI inflows. A key document summarizing Gujarat's growth, opportunities, and policies across sectors like infrastructure, business, and agriculture. It provides statistics on Gujarat's economy, population, infrastructure development and growth across primary, secondary and tertiary sectors between 2004-05 and 2015-16.
Nagaland has significant unexploited natural resources like crude oil, coal, and limestone. The state also has considerable hydropower potential. Agriculture is important to the economy, with opportunities in floriculture, horticulture, bamboo, and silk production. Nagaland aims to increase agriculture's contribution to the GDP and convert to a more productive society by 2025 through modernizing farming techniques. The services sector is one of the fastest growing segments of the state's economy.
The document provides an overview of Punjab, India. Some key points:
- Punjab has a strong agriculture sector, particularly in wheat and rice production, and is emerging as a textile hub.
- The state has experienced high economic growth rates in recent years and has the best infrastructure facilities in India.
- Punjab's economy is diversifying with a focus on renewable energy and the state government aims to attract more investment through various policies and incentives.
Gujarat has experienced high economic growth rates in recent years, with its gross state domestic product growing at an average annual rate of 11.56% from 2005-06 to 2015-16. The state ranks second in India as an investment destination and is a leading producer of crude oil and dairy products. Gujarat also has a strong textile industry and received over US$1 billion in investments under its textile policy between 2012-2017. The state government has developed infrastructure and offers various incentives to attract business opportunities and promote sectors like industry, power, ports, agriculture and minerals.
Sikkim is known as the Land of Peace and Tranquility. It has experienced high economic growth rates in recent years with its GDP growing at an average of 21.7% between 2004-2005 to 2010-2011. Agriculture is an important sector for the state's economy, with crops such as maize, rice, oranges and cardamom being key productions. Sikkim has also received investments from its FDI inflows and has experienced growth in sectors like electricity, services and manufacturing. The state aims to fully convert to organic farming by 2015.
Gujarat has experienced strong economic growth, with its GSDP growing at an average annual rate of 12.02% between 2004-05 and 2015-16. The state attracted $13.28 billion in FDI between April 2000 to March 2016, accounting for 4.6% of India's total FDI inflows. Gujarat has a diverse economy with major sectors being petroleum and petrochemicals, pharmaceuticals, cement and ceramics, textiles, and agriculture. The state government is working to further improve infrastructure, attract investment, and develop sectors like renewable energy and tourism.
Gujarat is one of the most industrially developed states in India. Some key points:
- Gujarat has achieved high economic growth rates, averaging 13.47% annually from 2011-2012 to 2016-2017.
- The state is a major recipient of foreign direct investment (FDI) and accounted for about 7.75% of India's total FDI between April 2000 to December 2017.
- Gujarat has a diverse economy with strong sectors like petrochemicals, automobiles, cement, dairy, pharmaceuticals, textiles and renewable energy. It aims to further develop these industries and tourism through policies like the Gujarat Garment & Apparel policy and Vision 2020
Gujarat has experienced strong economic growth and has emerged as one of the leading states in India. Some key points:
- Gujarat's GSDP grew at a CAGR of 11.56% between 2005-06 to 2015-16 reaching US$ 158.19 billion in 2015-16.
- The state's per capita GSDP increased from US$ 1,015 in 2005-06 to US$ 2,619 in 2015-16 growing at a CAGR of 9.94%.
- Agriculture and allied sectors, industry and tertiary sectors like trade, hotels, transport and communication contributed 18%, 38.8% and 43.2% respectively to the state's
Nagaland has a Gross State Domestic Product (GSDP) of around 0.24 trillion Indian rupees in 2017-18, growing at a CAGR of 11.83% between 2011-12 and 2017-19. The per capita GSDP in 2017-18 was 113,549 rupees, growing at a CAGR of 10.66% in the same period. Nagaland's Net State Domestic Product (NSDP) in 2016-17 was 0.19 trillion rupees, growing at 15.72% between 2011-12 and 2016-17. The per capita NSDP in 2016-17 was 90,168 rupees, growing at 12.
Uttarakhand has witnessed strong economic growth in recent years due to investments in industries, infrastructure development, and growth in tourism. The state's GDP increased at a compound annual growth rate of 16.03% between 2004-05 to 2015-16. Uttarakhand has significant potential for hydropower generation due to its Himalayan location and forests cover 68.4% of the state, supporting the growing forest sector. The state aims to further develop agriculture, industries, infrastructure, health, education and tourism to achieve its vision of becoming a global tourist destination and a leader in green energy by 2022.
- West Bengal had a gross state domestic product of $140.56 billion in 2016-17, growing at a CAGR of 10.42% during 2005-16.
- West Bengal is the 2nd largest producer of potato in India, accounting for 25.06% of the country's output. Potato production was 11 million tonnes in 2016-17.
- 8 IT parks are currently operating in West Bengal, with 7 new ones expected to start operations in the next 5 years, positioning Kolkata as the next IT hub.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at a CAGR of 11.88% from 2011-12 to 2017-18. The tertiary sector contributed the most to GSDP at 54% in 2017-18 and grew the fastest among sectors. FDI inflows into West Bengal from April 2000 to December 2018 totalled US$ 5.375 billion, contributing around 1% of India's total FDI inflows.
West Bengal has a large economy and is a major producer of rice, potato and coal. The state aims to develop IT, textiles and tourism industries. Its vision for 2022 focuses on improving agriculture, infrastructure, health, education and governance. West Bengal has a population of over 91 million and its economy has grown at an average annual rate of 10% in recent years.
West Bengal has a large and growing economy, with a GSDP of US$ 132.86 billion in 2014-15. The document outlines West Bengal's vision for 2022, which includes goals for agriculture, infrastructure, economic development, education and other sectors. It also highlights the state's cultural heritage and competitive advantages such as connectivity, labor pool and lower costs of business. West Bengal is a major producer of rice, potato, jute and other crops, and has significant mineral resources.
West Bengal has a large and growing economy, with a GSDP of US$ 132.86 billion in 2014-15. Agriculture is the main occupation, with rice, potato, jute, sugarcane and wheat among the top crops. West Bengal is the largest producer of rice in India, producing 16.1 million tonnes in 2015-16. The state aims to develop sectors like IT and textiles under its Vision 2022 plan to boost economic growth.
West Bengal has a large and growing economy, with its GSDP reaching US$132.86 billion in 2014-15. It is the largest producer of rice and second largest producer of potatoes in India. Kolkata is emerging as a major IT hub, with the establishment of several IT parks. The state has a rich pool of skilled labor and excellent connectivity via rail, road, ports and airports. Its Vision 2022 aims to further develop sectors such as agriculture, industry and infrastructure to promote economic growth.
Gujarat has experienced strong economic growth, with its GSDP growing at an average annual rate of 11.56% from 2005-06 to 2015-16. The state's per capita GSDP and NSDP have also increased substantially over this period. While the tertiary sector is the largest contributor to GSDP, all three sectors - primary, secondary and tertiary - have experienced robust growth. Agriculture is an important part of the economy, with production of crops like rice, wheat, cotton and groundnuts. The state government is undertaking various initiatives and investments to further promote agriculture and rural development.
Gujarat has attracted US$ 16 billion in FDI from April 2000 to December 2016, accounting for 4.6% of India's total FDI inflows. The state government held an expo and summit in Rajkot in January 2016 where MoUs worth US$ 341.88 million were signed. Gujarat has a vision to become a globally competitive, knowledge-based and tourist destination by 2020 through developing world-class infrastructure, attracting investments, and improving social amenities and education.
Gujarat has experienced high economic growth rates in recent years. Some key points:
- Gujarat's GDP grew at an average annual rate of 11.56% from 2005-06 to 2015-16.
- FDI inflows into Gujarat between April 2000 to December 2016 totaled $16 billion, accounting for 4.6% of India's total FDI inflows.
- Gujarat has a strong industrial base and is a leader in sectors like petrochemicals, automobiles, and dairy. It accounts for 25% of India's exports despite having only 5% of the country's population.
Gujarat is a growth engine of India with strong economic performance. Some key points:
- Gujarat accounts for 4.6% of India's total FDI inflows and is the second preferred investment destination.
- The state has a strong industrial base including textiles and is the petro capital of India.
- Infrastructure development is a focus with ports, airports and roads being expanded.
- The state aims to further develop key sectors like energy, tourism and industry by 2020 with a vision of improving living standards.
West Bengal is one of India's largest state economies, with a GSDP of US$140.56 billion in 2015-16. The state is the largest producer of rice and the second largest producer of potatoes in India. West Bengal also has a rich mineral resource base, with coal accounting for 99% of extracted minerals. Kolkata is emerging as a major IT hub in Eastern India with the establishment of several IT parks. The state government has set the target of increasing annual textile sales from US$4.5 billion in 2014-15 to US$21.5 billion by 2022-23.
Punjab has emerged as a key textiles hub and has a strong agricultural base as the largest wheat and rice producer in India. The state economy is growing at a compound annual growth rate of 10.2% with services contributing the most at 46.7% of GSDP in 2017-18. Punjab aims to increase focus on renewable energy and attract more investment from agriculture and services.
Gujarat has received $16 billion in FDI from 2000-2016, accounting for 4.6% of India's total FDI inflows. A key document summarizing Gujarat's growth, opportunities, and policies across sectors like infrastructure, business, and agriculture. It provides statistics on Gujarat's economy, population, infrastructure development and growth across primary, secondary and tertiary sectors between 2004-05 and 2015-16.
Nagaland has significant unexploited natural resources like crude oil, coal, and limestone. The state also has considerable hydropower potential. Agriculture is important to the economy, with opportunities in floriculture, horticulture, bamboo, and silk production. Nagaland aims to increase agriculture's contribution to the GDP and convert to a more productive society by 2025 through modernizing farming techniques. The services sector is one of the fastest growing segments of the state's economy.
The document provides an overview of Punjab, India. Some key points:
- Punjab has a strong agriculture sector, particularly in wheat and rice production, and is emerging as a textile hub.
- The state has experienced high economic growth rates in recent years and has the best infrastructure facilities in India.
- Punjab's economy is diversifying with a focus on renewable energy and the state government aims to attract more investment through various policies and incentives.
Gujarat has experienced high economic growth rates in recent years, with its gross state domestic product growing at an average annual rate of 11.56% from 2005-06 to 2015-16. The state ranks second in India as an investment destination and is a leading producer of crude oil and dairy products. Gujarat also has a strong textile industry and received over US$1 billion in investments under its textile policy between 2012-2017. The state government has developed infrastructure and offers various incentives to attract business opportunities and promote sectors like industry, power, ports, agriculture and minerals.
Sikkim is known as the Land of Peace and Tranquility. It has experienced high economic growth rates in recent years with its GDP growing at an average of 21.7% between 2004-2005 to 2010-2011. Agriculture is an important sector for the state's economy, with crops such as maize, rice, oranges and cardamom being key productions. Sikkim has also received investments from its FDI inflows and has experienced growth in sectors like electricity, services and manufacturing. The state aims to fully convert to organic farming by 2015.
Gujarat has experienced strong economic growth, with its GSDP growing at an average annual rate of 12.02% between 2004-05 and 2015-16. The state attracted $13.28 billion in FDI between April 2000 to March 2016, accounting for 4.6% of India's total FDI inflows. Gujarat has a diverse economy with major sectors being petroleum and petrochemicals, pharmaceuticals, cement and ceramics, textiles, and agriculture. The state government is working to further improve infrastructure, attract investment, and develop sectors like renewable energy and tourism.
Gujarat is one of the most industrially developed states in India. Some key points:
- Gujarat has achieved high economic growth rates, averaging 13.47% annually from 2011-2012 to 2016-2017.
- The state is a major recipient of foreign direct investment (FDI) and accounted for about 7.75% of India's total FDI between April 2000 to December 2017.
- Gujarat has a diverse economy with strong sectors like petrochemicals, automobiles, cement, dairy, pharmaceuticals, textiles and renewable energy. It aims to further develop these industries and tourism through policies like the Gujarat Garment & Apparel policy and Vision 2020
Gujarat has experienced strong economic growth and has emerged as one of the leading states in India. Some key points:
- Gujarat's GSDP grew at a CAGR of 11.56% between 2005-06 to 2015-16 reaching US$ 158.19 billion in 2015-16.
- The state's per capita GSDP increased from US$ 1,015 in 2005-06 to US$ 2,619 in 2015-16 growing at a CAGR of 9.94%.
- Agriculture and allied sectors, industry and tertiary sectors like trade, hotels, transport and communication contributed 18%, 38.8% and 43.2% respectively to the state's
Nagaland has a Gross State Domestic Product (GSDP) of around 0.24 trillion Indian rupees in 2017-18, growing at a CAGR of 11.83% between 2011-12 and 2017-19. The per capita GSDP in 2017-18 was 113,549 rupees, growing at a CAGR of 10.66% in the same period. Nagaland's Net State Domestic Product (NSDP) in 2016-17 was 0.19 trillion rupees, growing at 15.72% between 2011-12 and 2016-17. The per capita NSDP in 2016-17 was 90,168 rupees, growing at 12.
Uttarakhand has witnessed strong economic growth in recent years due to investments in industries, infrastructure development, and growth in tourism. The state's GDP increased at a compound annual growth rate of 16.03% between 2004-05 to 2015-16. Uttarakhand has significant potential for hydropower generation due to its Himalayan location and forests cover 68.4% of the state, supporting the growing forest sector. The state aims to further develop agriculture, industries, infrastructure, health, education and tourism to achieve its vision of becoming a global tourist destination and a leader in green energy by 2022.
- West Bengal had a gross state domestic product of $140.56 billion in 2016-17, growing at a CAGR of 10.42% during 2005-16.
- West Bengal is the 2nd largest producer of potato in India, accounting for 25.06% of the country's output. Potato production was 11 million tonnes in 2016-17.
- 8 IT parks are currently operating in West Bengal, with 7 new ones expected to start operations in the next 5 years, positioning Kolkata as the next IT hub.
West Bengal had a GSDP of US$ 158.40 billion in 2017-18 and grew at a CAGR of 11.88% from 2011-12 to 2017-18. The tertiary sector contributed the most to GSDP at 54% in 2017-18 and grew the fastest among sectors. FDI inflows into West Bengal from April 2000 to December 2018 totalled US$ 5.375 billion, contributing around 1% of India's total FDI inflows.
West Bengal has a large economy and is a major producer of rice, potato and coal. The state aims to develop IT, textiles and tourism industries. Its vision for 2022 focuses on improving agriculture, infrastructure, health, education and governance. West Bengal has a population of over 91 million and its economy has grown at an average annual rate of 10% in recent years.
Punjab is focusing on renewable energy sources with a target capacity of 5,400 MW by 2022. The state is a textile hub and a major producer of crops like rice, sugarcane, and wheat. Punjab has the best infrastructure in India including roads, railways, airports. The state government is working to improve education, healthcare, transport and encourage investment in industries.
Punjab is focused on renewable energy and has emerged as a key textile hub. It has a strong agriculture base producing crops like rice, sugarcane, and wheat. Punjab has the best infrastructure facilities in India and its economy is growing at a high rate, providing opportunities in various sectors. The state aims to improve education, healthcare, transport, and agriculture through its 2022 vision.
Punjab has a strong economy, with its GSDP reaching Rs. 4.77 trillion (US$ 74.09 billion) in 2017-18, growing at a CAGR of 10.2% between 2011-12 and 2017-18. The state's per capita GSDP and NSDP also grew at impressive rates of over 8% during the same period. Punjab has a diverse economy with key sectors including agriculture, textiles, automotive and auto components. The state aims to further diversify its economy and attract investments in sectors such as agro-based industries, IT & ITeS through various incentives and initiatives.
Punjab is focused on increasing renewable energy generation and has emerged as a key textiles hub. It has strong agriculture production, particularly of rice, maize, sugarcane and barley. Punjab has the best infrastructure facilities in India, including roads, railways, airports and other connectivity. The state government is promoting industries and improving agriculture through various policies and incentives.
Punjab is a state in northern India known as the "land of five rivers". The document provides an overview of Punjab's economy and key sectors. It highlights that Punjab has a strong agriculture sector as the largest producer of wheat and rice in India. The industrial sector is also growing, with textiles emerging as a key hub and the state offering various incentives. Punjab has good infrastructure including transportation and aims to further develop renewable energy sources.
Punjab has a strong agricultural base and is one of India's largest producers of wheat and rice. The state is focusing on increasing renewable energy sources such as solar and biomass. Punjab also has well-developed infrastructure and is a major hub for textiles industries like yarn, garments and hosiery due to its textile policies and incentives. The state aims to improve connectivity and develop sectors like automotive and IT by 2022.
Punjab is focused on increasing renewable energy sources such as solar and wind power. It has emerged as a key hub for textiles and has strong agricultural production, particularly of wheat and rice. Punjab has the best infrastructure facilities in India including roads, railways, airports, and ports. It is aiming to improve connectivity and diversify into new crops and industries through various policies and initiatives.
Punjab has a strong economy driven by agriculture and textiles. The state's GSDP grew at a CAGR of 10.2% between 2011-12 and 2017-18 reaching Rs. 4.77 trillion, with tertiary sector contributing the most at 46.7%. Punjab is a leader in wheat and rice production in India and has emerged as a key textiles hub, with the sector attracting significant investments. The state focuses on renewable energy and aims to achieve 4,772 MW solar capacity by 2022. With good infrastructure, supportive policies and focus on key sectors, Punjab offers opportunities for economic growth.
Bihar has experienced strong economic growth in recent years, with its GSDP growing at a CAGR of 12.14% between 2011-12 and 2016-17. Agriculture is the largest employer in Bihar, with over 80% of the population employed in the sector. The state is the third largest producer of vegetables and sixth largest producer of fruits in India. Bihar also has the fifth largest mobile subscriber base among Indian states. The state government is focusing on initiatives to boost sectors like tourism, healthcare, education, and infrastructure development to further drive economic growth.
Uttar Pradesh is the largest state in India in terms of population. Some key points:
- Uttar Pradesh's GSDP grew 10.36% annually from 2011-2012 to 2016-2017 reaching $203 billion.
- The state is the largest producer of food grains and vegetables in India. Major crops include wheat, rice, pulses, sugarcane.
- The services sector contributes the most (47.23%) to the state's GSVA, followed by primary (27.44%) and secondary (25.34%) sectors.
- Uttar Pradesh has seen growth across sectors with tertiary growing at 11.01% annually over the period.
Uttar Pradesh is the largest producer of food grains in India, accounting for 17.83% of the country's total food grain output in 2016-17. Major crops produced in the state include wheat, rice, pulses, vegetables and sugarcane. The state's GSDP grew at a CAGR of 10.36% from 2011-12 to 2016-17, reaching US$ 203.04 billion. The tertiary sector is the largest contributor to the state's GSVA, accounting for 47.23% in 2016-17. Uttar Pradesh has a strong agricultural base and is the largest producer of wheat in India.
Uttar Pradesh is the largest state in India. It has a population of 199.81 million and its economy is growing, with its GSDP increasing at a CAGR of 10.36% from 2011-12 to 2016-17. Agriculture is important to the state's economy and it is the largest producer of food grains and vegetables in India. The state is also developing industries like IT and electronics with cities like Lucknow and Noida becoming hubs. The government is focusing on improving infrastructure like roads, airports and power to promote business opportunities in the state.
Bihar has experienced strong economic growth in recent years, with its GSDP growing at a CAGR of 12.14% between 2011-12 and 2016-17. The state has a large population and a strong agriculture sector, being one of the largest producers of fruits and vegetables in India. Bihar also has a large workforce and is focusing on developing infrastructure to attract more investment and business opportunities in sectors such as food processing, manufacturing, and tourism.
Bihar has experienced strong economic growth in recent years. The Gross State Domestic Product of Bihar grew at a CAGR of 11.99% between 2011-12 and 2017-18, making it one of the fastest growing states in India. Per capita income in Bihar also increased at a robust CAGR of 10.16% during this period. Agriculture remains an important sector, employing about 80% of the state's population. However, the services sector is now the largest contributor to the state's economy, accounting for 62.24% of GSVA in 2017-18. Industry and services have been the main drivers of economic growth in Bihar in recent years.
Punjab has emerged as a key textiles hub and agricultural producer in India. The state contributes 2.72% to India's total GDP. Punjab's economy has grown at a CAGR of 9.97% between 2011-12 to 2018-19, with services becoming the largest sector. The state is focusing on renewable energy and attracting investments in sectors like textiles, agriculture, automotive and IT.
The document provides information about the Indian state of Bihar. It includes details about Bihar's economy, key industries, infrastructure status, business opportunities, and state policies. Some highlights include:
- Bihar's economy is projected to grow at 13.4% annually during the 12th Five-Year Plan period. It has seen strong growth in per capita income.
- Agriculture is a major sector, with Bihar being a top producer of vegetables and second largest producer of fruits in India. Other key industries shown growing include food processing, dairy, and healthcare.
- Infrastructure projects are ongoing in roads, energy, and health. The state vision aims to further develop these sectors and also focus on education and
Bihar is one of the fastest growing states in India with a projected GDP growth rate of 13.4% during the 12th Five-Year Plan. It is a leader in agricultural production, being the largest producer of vegetables and second largest producer of fruits. The state government has ambitious plans to develop infrastructure, healthcare, education, and tourism. Key goals include achieving zero dropout rates in secondary education, increasing tourism numbers to 100,000 annually by 2022, and expanding infrastructure like roads and energy.
Similar to West bengal State Report - February 2018 (20)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 222.58 billion) in 2018-19. The state has a diversified industrial base and thriving services sector, especially in IT/ITeS. It also has robust infrastructure including roads, ports, airports, and an emphasis on further infrastructure development. With various initiatives like Vision 2023, Tamil Nadu aims to boost its economy and attract significant domestic and foreign investments over the coming years.
India has become the second largest steel producer in the world in 2018. Steel production and capacity in India have grown rapidly over the past decade, with capacity reaching 137.98 million tonnes in 2017-18. Consumption has also increased steadily, driven by growth in infrastructure, automotive, and other sectors. The government has implemented policies like the National Steel Policy to encourage further capacity growth to 300 million tonnes by 2030-31. Low per capita consumption compared to other countries also provides significant potential for further demand growth.
The document provides an overview of India's services sector, including:
1) The services sector contributes over 50% of India's GDP and grew at 12.75% in 2018-19, demonstrating its importance as the key driver of India's economic growth.
2) India has a large skilled workforce and is a global outsourcing hub, commanding a 55% share of the global sourcing market, which has helped establish the country as a leading provider of technology and digital services.
3) The government is working to further develop the services sector through initiatives like 'Startup India' and reforms that make India an attractive investment destination for both domestic and foreign investors.
The document provides an overview of the real estate sector in India. It discusses that the real estate sector is expected to reach $1 trillion by 2030 and contribute 13% of India's GDP by 2025. Rapid urbanization is driving demand for residential and commercial real estate space. The residential segment contributes around 80% of the sector currently. Government policies like Housing for All and Smart Cities are further boosting growth.
Rajasthan has experienced strong economic growth in recent years. Between 2011-12 and 2018-19, the state's Gross State Domestic Product grew at a compound annual growth rate of 11.37% to reach $128.1 billion. The tourism industry in Rajasthan is thriving, with over 47.5 million tourist arrivals in 2017, and the state is a leading producer of agro-based products. Rajasthan also has immense potential for renewable energy generation from solar and wind sources.
Indian Railways is the third largest rail network in the world by size. It saw strong revenue growth over the past decade, with freight accounting for over 65% of revenues in FY19. Freight and passenger traffic have both increased steadily in recent years. Various modernization initiatives are underway to upgrade infrastructure and technology. Private sector participation is being encouraged to augment rail connectivity and capacity.
India has the third largest installed power capacity in the world at 356.10 GW as of March 2019. It is the third largest producer and consumer of electricity globally. India has achieved 100% household electrification and aims to increase renewable energy capacity to 175 GW by 2022. Thermal energy accounts for over 63% of total installed capacity, while renewable sources account for 21.8%. The power sector in India is growing rapidly and offers many opportunities for investment and development.
Meghalaya has the highest rainfall in India and diverse soil types that support agriculture. The state has strong potential in floriculture, bamboo processing, and medicinal plants due to its biodiversity. Meghalaya also has large hydroelectric power potential and abundant mineral resources. The state aims to promote industries like agro-processing, horticulture, minerals and tourism to create opportunities for its population.
- The Indian infrastructure sector is experiencing significant growth due to rising government investments and initiatives such as allocating Rs 4.56 lakh crore for infrastructure in the FY 2019-20 budget.
- Private sector participation is increasing across segments like roads, power and airports. Infrastructure sectors like power transmission and renewable energy will drive future investments.
- Improving connectivity through initiatives like Bharatmala Pariyojana and Sagarmala will boost infrastructure growth. 100% villages connectivity through roads is expected by 2019 under PMGSY.
The document provides an overview of the media and entertainment industry in India. Some of the key points from the document are:
- The Indian media and entertainment industry is growing rapidly at a CAGR of 12-13% and is expected to reach Rs. 3.73 lakh crore by 2022.
- Television is the largest segment with a market size of Rs. 740 billion in 2018, expected to reach Rs. 955 billion by 2021. Digital media, animation and VFX, and online gaming are among the fastest growing segments.
- Advantages for the industry in India include rising incomes, evolving lifestyles, a large young population, increasing digitization, and government support through
- The manufacturing sector is a major employer in India and aims to provide 25% of GDP and 100 million new jobs by 2022. It has grown at a CAGR of 4% between FY12-19 and contributes significantly to India's exports.
- The document discusses India's advantage in manufacturing including a large domestic market, favorable demographics, and government initiatives like Make in India. Key sub-sectors, growth drivers and the evolution of the sector are also outlined.
- Recent trends show growth in production, IIP, capacity utilization and exports, indicating the sector is expanding. The government has implemented various policies to develop manufacturing and make India a global hub.
Manipur has a flourishing bamboo processing industry as it is one of India's largest bamboo producing states. It also has a strong handicrafts industry, being home to the highest number of handicraft units and artisans in North East India. Handlooms is the largest cottage industry in Manipur. The state has strong potential for border trade opportunities through Moreh town, which is India's only land route for trade with Myanmar and Southeast Asia. Manipur is also home to the Ema Bazaar, one of India's largest markets run exclusively by women. Due to its natural beauty and biodiversity, Manipur is a popular tourist destination known as the "Switzerland of the East".
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate, with its GSDP reaching Rs. 1.52 trillion (US$21.04 billion) in 2018-19 growing at 11.09% annually.
- The state has a diverse economy with key sectors being tourism, agriculture, and hydroelectric power. Agricultural production and tourism visitor numbers are increasing.
- Himachal Pradesh has a large hydroelectric power potential and is becoming a major hub for hydroelectricity in India, though only around 40% of its potential has been harnessed so far.
Gujarat has experienced high economic growth rates in recent years.
- Gujarat's GSDP grew at a CAGR of 13.55% from 2011-12 to 2016-17, reaching Rs. 11.62 trillion (US$ 173.24 billion) in 2016-17.
- The state's per capita GSDP increased from Rs. 101,075 (US$ 2,108) in 2011-12 to Rs. 178,043 (US$ 2,654) in 2016-17, registering a CAGR of 11.99%.
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is a major player in global gems and jewellery trade, contributing about 7% to India's GDP and employing over 4.6 million people.
- India is the world's largest cut and polished diamond exporter, exporting over 75% of global polished diamonds. It also processes over $23 billion worth of diamonds annually.
- Exports of cut and polished diamonds and gold jewellery have registered steady growth in recent years. Imports have also increased at a CAGR of nearly 8% between 2004-2018.
- The sector is adopting strategies like expanding retail networks, providing financing options
The engineering and capital goods industry in India is growing rapidly. The turnover of the capital goods industry reached $70 billion in 2017 and is forecasted to reach $115.17 billion by 2025. Electrical equipment production is also growing and is expected to reach $100 billion by 2022, up from $27.3 billion in 2017-18. The engineering research and design segment is also expanding, with revenues projected to increase from $28 billion in FY18 to $42 billion in FY22. Growth is being driven by increasing industrialization, infrastructure development, and capacity expansion across various core sectors in India.
Major e-commerce players in India have adopted strategies like expanding into new categories like groceries and used goods, acquiring analytics startups to improve pricing and positioning, and launching ancillary services like payments, logistics and video streaming. They have also introduced subscription models and personalized experiences to provide extra benefits and tailor their offerings to individual customer needs and interests.
Delhi has experienced strong economic growth, with its gross state domestic product increasing at a compound annual growth rate of 12.41% between 2011-12 and 2018-19. The real estate sector has been an important contributor to the state's economy. Delhi also has a growing tourism industry, owing to its historical and cultural attractions. The state government is working to improve infrastructure and implement policies to facilitate industrial development and attract investment across various sectors.
Chhattisgarh has a strong mineral production base and is a leading producer of coal and iron ore in India. It is the only state that produces tin concentrates. The state has emerged as a preferred investment destination and has witnessed strong growth in the agriculture sector. Key sectors driving growth include minerals, power, agriculture and tourism. Chhattisgarh aims to further develop its infrastructure, promote industries and boost skill development to achieve its vision of becoming an industrialized state.
India is a major producer and exporter of agricultural products globally. Some key points:
- India ranks among the top producers globally for many agricultural commodities like spices, pulses, milk, tea, cashew and jute.
- Agricultural exports from India have grown significantly at a CAGR of 16.45% from 2010-2018 to reach $38.21 billion in FY2018.
- Major agricultural exports include marine products, basmati rice, buffalo meat, spices, cotton, oil products and sugar. Marine product exports alone were $7.39 billion in FY2018.
- Government schemes aim to boost agricultural exports to $60 billion by 2022 and $100 billion
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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2. Table of Content
Executive Summary .…………….….…….....3
Vision 2022 …………..……..…………..…...5
Advantage State ...…………………………..4
West Bengal – An Introduction …….…….....6
Annual Budget 2018-19 ………………….…18
Infrastructure Status .....................................19
Business Opportunities ……..………….......42
Doing Business in West Bengal …...……....63
State Acts & Policies ….….………...............68
3. For updated information, please visit www.ibef.orgWEST BENGAL3
EXECUTIVE SUMMARY
West Bengal, India’s 6th largest economy, had a Gross State Domestic Product (GSDP) per capita of US$
1,673.96 in 2017-18. The state’s GSDP per capita grew at a CAGR of 8.70% during 2005-06 to 2017-18.
One of the largest state
economies
Source: Statistics of West Bengal, Government of West Bengal
In 2016-17, West Bengal was the 2nd largest producer of potato in India, accounting for about 25.06% of the
country’s potato output. The state’s potato production stood at 12.93 million tonnes in 2016-17.
Major producer of
potato
Twelve new IT parks have been set up in the state, taking the total number of IT parks to twenty.
Kolkata as the next IT
hub
West Bengal is the largest producer of rice in India. In 2016-17, rice production in West Bengal totalled to
16.2 million tonnes, which is expected to cross 17 million tonnes by 2017. Chinsurah, Rice research station is
declared to be the best All India Coordinated Research Project (AICRP) Centre for its overall performance in
the year 2016, by Indian Council of Agricultural Research (ICAR).
Largest rice producer
West Bengal is the 9th largest state in India in term of mineral production, accounting for about 16 per cent of
total mineral production. Coal accounts for 97% of extracted minerals.
Coal rich state
4. For updated information, please visit www.ibef.orgWEST BENGAL4
ADVANTAGE: WEST BENGAL
Rich labour pool
There are 29 universities and sizeable research
institutes in West Bengal. It is host to top-notch
institutes like IIT Kharagpur and NIT-Durgapur.
Knowledge of English is an advantage for the
workforce of West Bengal, especially in Kolkata.
Excellent connectivity
West Bengal offers excellent connectivity to the rest of
India in terms of railways, roadways, ports and airports.
Major stretches of the golden quadrilateral project also
pass through the northern districts of the state.
In Dec 2016, the central government has approved a
US$ 1 billion highway project connecting West Bengal
with three countries – Bangladesh, Nepal and Bhutan.
Scope for industrial
Progress
West Bengal has abundant natural resources of
minerals and suitable agro-climatic conditions for
agriculture, horticulture and fisheries. It is in the vicinity
of mineral rich states like Jharkhand, Bihar and Odisha.
The contribution of the textile industry to the state’s
GSDP is targeted to rise to 10% by 2022-23.
Advantage
West Bengal
Geographic and cost advantage
Location advantage makes the state a traditional
market for eastern India, the Northeast, Nepal and
Bhutan. It is also a strategic entry point for markets in
South-East Asia.
Cost of operating a business is lower in Kolkata than in
other metropolitan cities.
Source: West Bengal Vision 2022-23, News articles
2014-15
Annual
textile sales
US$ 4.5
billion
2022-23 T
Annual
textile sales
US$ 21.5
billion
Note: T – Target
5. For updated information, please visit www.ibef.orgWEST BENGAL5
VISION – 2022
Source: Confederation of Indian Industry
Vision
2022
Agriculture
Sanitation &
hygiene Governance
Power generation
Economic
development
Transportation
infrastructure
Health
Providing appropriate
transportation, irrigation and
storage facilities.
Training farmers to use
scientific agri practices.
Use of innovative crop
production methods, research,
new seed technologies.
Red tapism to be minimised or
removed and encouraging
transparency in governance.
Encouraging technological
innovation in providing services and
governance.
Development of sanitation and
hygiene infrastructure, supporting
urban development.
Ensuring fresh water supply and
clean drinking water in rural areas.
The state to act as an exporter
of power.
Introducing reforms in sector to
improve overall efficiency.
Encouraging renewable energy
power plants.
Building niche for manufacturing
and services sector in state.
Providing funding support,
infrastructure, land and logistics
to high importance sectors.
Facilitating road connectivity
throughout the state, upgrading
air transportation, transformation
of the state’s port to world class
facilities for container
management and shipping.
Implementation of social security
schemes and enforcing various
health & food policies.
Improving medical infrastructure by
improving quality of healthcare.
Education
Ensuring primary education to all.
Upgradation of capacity,
infrastructure and teaching methods
of higher educational institutes.
Encouraging skill based education
(vocational training).
Note: HYV: High Yielding Variety
6. For updated information, please visit www.ibef.orgWEST BENGAL6
WEST BENGAL FACT FILE
Source: West Bengal Industrial Development Corporation, Census 2011
West Bengal is situated in eastern India and shares its borders with
Jharkhand, Bihar, Odisha, Sikkim and Assam. The state also shares
international borders with Bangladesh, Bhutan and Nepal. The Bay
of Bengal is in the south of the state.
Bengali is the official language of the state, though English and Hindi
are also widely used. Nepali is spoken primarily in Darjeeling district.
Kolkata, Siliguri, Asansol, Durgapur, Raniganj, Kharagpur, Haldia,
Darjeeling, Malda, Midnapore, Cooch Behar and Howrah are some
of the key cities in the state.
West Bengal's climate varies from tropical savannah in the southern
portions to humid sub-tropical in the north.
Source: Maps of India
Parameters West Bengal
Capital Kolkata
Geographical area (lakh sq. km) 88,752
Administrative districts (No) 23
Population density (persons per sq. km) 1,028
Total population (million) 91.3
Male population (million) 46.9
Female population (million) 44.4
Sex ratio (females per 1,000 males) 957
Literacy rate (%) 77.1
7. For updated information, please visit www.ibef.orgWEST BENGAL7
WEST BENGAL IN FIGURES … (1/2)
Parameter West Bengal All states Source
Economy 2017-18 2017-18
GSDP as a percentage of all states’ GSDP 6.35 100.0
Directorate of Economics & Statistics of West
Bengal, Central Statistics Office
GSDP growth rate (%) 15.06 9.50
Directorate of Economics & Statistics of West
Bengal, Central Statistics Office
Per capita GSDP (US$) 1,673.96 1,951.64
Directorate of Economics & Statistics of West
Bengal, Central Statistics Office
Physical Infrastructure
Installed power capacity (MW) 10,490.23 334,399.83 Central Electricity Authority, as of January 2018
Wireless subscribers (No) 58,001,606 1,167,435,645
Telecom Regulatory Authority of India, as of
December 2017
Internet subscribers (No) 16,830,0001 429,240,000
Telecom Regulatory Authority of India, as of
September 2017
National highway length (km) 2,998 115,435
NHAI, Roads and Building Department-
Government of India
Major and minor ports (No) 2 13+187 Indian Port Association
Airports (No) 3 125 Airports Authority of India
Note: 1including West Bengal and Sikkim
8. For updated information, please visit www.ibef.orgWEST BENGAL8
WEST BENGAL IN FIGURES … (2/2)
1Includes West Bengal, Sikkim and Andaman & Nicobar Islands
Parameter West Bengal All states Source
Social Indicators
Literacy rate (%) 77.1 73.0 Census, 2011
Birth rate (per 1,000 population) 16.0 21.6 SRS Bulletin
Investment
FDI equity inflows (US$ billion) 4.19
1
367.93
Department of Industrial Policy & Promotion, April
2000 to December 2017
Industrial Infrastructure
PPP projects Completed & Operational (No) 446 9,071
DEA , Ministry of Finance, Government of India,
February 2018
Operational SEZs (No) 7 222
Notified as of September 2017, Ministry of
Commerce & Industry, Department of Commerce,
September 2017
9. For updated information, please visit www.ibef.orgWEST BENGAL9
ECONOMIC SNAPSHOT – GSDP
GSDP of West Bengal at current prices (in US$ billion)
At current prices, gross state domestic product (GSDP)* of
West Bengal is estimated at US$ 140.56 billion in 2015-16.
The average annual GSDP growth rate from 2005-06 to 2015-
16 was about 10.42%.
Source: Directorate of Economics & Statistics of West Bengal, Central Statistics Office
52.2
58.0
74.4
74.1
84.1
101.1
114.8
114.2
117.4
132.9
140.6
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
160.0
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
CAGR 10.42%
GSDP per capita of West Bengal at current prices (in US$)
615
676
858
847
952
1133
1276
1257
1282
1450
1540
1418
1674
0
200
400
600
800
1000
1200
1400
1600
1800
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
CAGR 8.70%
The state’s per capita GSDP^ in 2017-18 was US$ 1,673.96
as compared to US$ 615 in 2005-06.
The per capita GSDP increased at a compound annual growth
rate (CAGR) of 8.70% between 2005-06 and 2017-18.
Note: GSDP* - State Plan Budget Estimates 2015-16, Per Capita GSDP^ - calculated using GSDP million US$/Population in million
10. For updated information, please visit www.ibef.orgWEST BENGAL10
ECONOMIC SNAPSHOT – NSDP
NSDP of West Bengal at current prices (in US$ billion)
47.51
52.86
67.92
67.3
76.45
92.34
105.03
104.5
107.3
120.9
124.5
0
20
40
60
80
100
120
140
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
CAGR 10.11%
At current prices, net state domestic product (NSDP)# of West
Bengal was estimated at US$ 124.54 billion in 2015-16.
The average annual NSDP growth rate from 2005-06 to 2015-
16 was about 10.11%.
The state’s per capita NSDP& in 2015-16 was US$1,364.02 as
compared to US$505 in 2005-06.
The per capita NSDP increased at a CAGR of 9.31% between
2005-06 and 2015-16.
NSDP per capita of West Bengal at current prices (in US$)
560
616
784
769
865
1036
1167
1151
1171
1320
1364
0
200
400
600
800
1000
1200
1400
1600
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
CAGR 9.31%
Source: Directorate of Economics & Statistics of West Bengal, Central Statistics Office
Note: NSDP# - calculated using per capita NSDP x Population in million, per capita NSDP& - Geometric mean of YoY calculation from 2004-05 to 2014-15
11. For updated information, please visit www.ibef.orgWEST BENGAL11
ECONOMIC SNAPSHOT – PERCENTAGE
DISTRIBUTION OF GSDP
In 2015-16, the tertiary sectorµ contributed 60.83% to the state’s
GSDP at factor cost, followed by the primary sector (23.46%) and
secondary sector (15.71%).
At a CAGR of 15.55%, the tertiary sector has been the fastest
growing among the 3 sectors from 2004-05 to 2015-16. The growth
has been driven by trade, hotels, real estate, finance, insurance,
transport, communications & other services.
The primary sector grew at a CAGR of 14.17% between 2004-05
and 2015-16.
The secondary sector grew at a CAGR of 11.09% between 2004-05
& 2015-16. It was driven by manufacturing, construction, electricity,
gas & water supply.
GSDP composition by sector
25.30% 23.46%
20.30%
15.71%
54.40% 60.83%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2004-05 2015-16
Primary Sector Secondary Sector Tertiary Sector
14.17%
15.55%
11.09%
CAGR
Source: Directorate of Economics & Statistics of West Bengal, Central Statistics Office
Note: Sector-wise %share of GSDPµ -Geometric mean of YoY calculation from 2004-05 to 2014-15
12. For updated information, please visit www.ibef.orgWEST BENGAL12
ECONOMIC SNAPSHOT – AGRICULTURAL
PRODUCTION … (1/2)
Agriculture is the chief occupation of the people of West Bengal. It
contributed 18.8% to the state’s GSDP in 2014-15. Rice, potato, jute,
sugarcane and wheat are the top 5 crops of the state. Rice is the
principal food crop of West Bengal. The state is the largest producer
of rice in India. In 2016-17, rice production reached 15.1 million
tonnes.
In 2016-17, the production of horticulture crops in West Bengal stood
at 27.48 million metric tonnes. Other major food crops in the state
include rapeseed & mustard, maize, onion, pulses, coconut and tea.
The state stands 1st in the country in terms of jute production. In
2016-17, the state produced around 2.08 million tonnes of sugarcane
& 3.71 million tonnes of fruits.
Tea & jute are the major crops being produced in the state. Tea
gardens in the state are located in Darjeeling & Jalpaiguri, the
northern districts of West Bengal.
From March 2017, Kerala State Cooperative Consumers Federation
(Consumerfed) is set to purchase rice worth US$ 14.87 million, from
West Bengal, to sell at affordable rates at its outlets across the state,
to keep a check on the rising prices of rice.
The state has been awarded ‘Krishi Karman Award’ in 2017 for the
5th year in a row.
Source: Ministry of Agriculture, Government of India, Coconut Development Board, Tea Board of India, News articles
Fruits Vegetables Plantation Flowers Spices
252.66 1,387.49 52.49 26.04 128.10
Area of major horticulture crops in West Bengal (2016-17) (‘000
hectares)
Crop Annual production, 2016-17 (‘000 tonnes)
Rice 15,090.80
Fruits 3,708.45
Raw Jute and
Mesta
7,856.00
Sugarcane 2,076
Vegetables 25,500.61
Plantation 293.48
Flowers 282.76
Onion 465.45
Spices 356.60
Honey 15.76
Tea 358.531
Total pulses 311.3
Note: 1In million kg
13. For updated information, please visit www.ibef.orgWEST BENGAL13
ECONOMIC SNAPSHOT – AGRICULTURAL
PRODUCTION … (2/2)
Source: Ministry of Agriculture, Government of India,
2012-13 2013-14 2014-15 2015-16
Allocated Released Allocated Released Allocated Released Allocated Released
9.17 6.40 12.61 9.16 10.54 8.30 5.43 2.82
Funds under National Food Security Mission– US$ million
2013-14 2014-15 2015-16 2016-17 2017-18
Allocated Released Allocated Released Allocated Released Allocated Released Allocated Released
7.05 1.33 7.05 3.11 4.35 1.53 3.86 1.24 383.49 153.95
Funds under National Horticulture Mission by Government of India – US$ million
14. For updated information, please visit www.ibef.orgWEST BENGAL14
ECONOMIC SNAPSHOT – FDI INFLOWS &
INVESTMENTS
According to the Department of Industrial Policy & Promotion (DIPP),
FDI inflows in West Bengal, along with Sikkim and Andaman &
Nicobar Islands, during April 2000 to December 2017, totalled US$
4.19 billion.
West Bengal contributes around 1% to the total FDI inflows of the
country.
During Bengal Global Summit, a total investment of US$3.48 billion
was allocated to the mining and the fisheries sector of the state.
The state government has received investment proposals worth US$
33.83 billion during the two-day Bengal Global Business Summit,
which was organised in January 2017.
FDI inflows in West Bengal1 (in US$ million)
489
115
95
394
424
436
239
955
51
205
0
100
200
300
400
500
600
700
800
900
1000
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
Source: Department of Industrial Policy & Promotion (DIPP)
Note: 1Includes West Bengal, Sikkim and Andaman & Nicobar Islands, *from April 2017 to Dec2017
15. For updated information, please visit www.ibef.orgWEST BENGAL15
ECONOMIC SNAPSHOT – EXPORT TRENDS
The total exports of West Bengal increased 12.1 per cent to reach US$ 8.29 billion in 2016-17. Leather exports from the state constitute about
12% of India’s total leather goods exports.
West Bengal is the country’s leading exporter of flowers. In addition, the state has the country’s largest brackish-water resources for shrimp
farming and has been a leading exporter of shrimps from India.
West Bengal is the leading exporter of potatoes to Sri Lanka and Bangladesh. The other export products include jute, tea, rice, etc.
During 2017-18 (April-November), floriculture exports from the state of West Bengal stood at US$ 8.71 million. During the same period, exports of
fruits & vegetable seeds from West Bengal stood at US$ 4.83 million and exports of non-basmati rice were recorded at US$ 514.51 million.
Source: APEDA, News Articles
16. For updated information, please visit www.ibef.orgWEST BENGAL16
ANNUAL BUDGET 2018-19
Source: Government of West Bengal, Finance Department, Budget 2018-19
Sector Annual allocation (US$ million)
Department of Panchayat and Rural Development 2,944.58
Department of School Education 3,818.64
Women, Child Development and Welfare Department 800.55
Department of Health & Family Welfare 1,354.67
Irrigation & Waterways 488.76
Departments of Public Works 773.53
Power 378.14
Agriculture 479.71
Housing 192.17
Technical Education and Training 156.03
Major sector-wise allocation as per Budget 2018-19
The total expenditure allocated for the state as per the state budget 2018-19 is US$ 29,959 million
17. For updated information, please visit www.ibef.orgWEST BENGAL17
PHYSICAL INFRASTRUCTURE – ROADS
Source: Ministry of Road Transport & Highways, Budget 2016-17
West Bengal has a total road length of around 299,209 km. The
national highways running through the state cover approximately
2,909.8 km. As per state budget 2016-17, in West Bengal, more
than 10,663 km of highways and 10,000 km of rural roads have
been constructed & renovated over past 5 years.
As of December 2017, the state government is going to undertake
construction of 13,000 km of rural roads and spend US$ 478.8
million out of the total cost of US$ 1.2 billion of the project.
Under Pradhan Mantri Gram Sadak Yojana (PMGSY) scheme, the
total funds released for the state in 2016-17 were recorded to be
US$ 21.77 million. An amount of US$ 77.11 million has been
released in 2017-18 (up to Jan 2018) for the state under PMGSY.
In the state budget 2018-19, the Government of West Bengal
proposed allocate US$ 773.53 million to Public Works (Roads)
Department.
For FY17, the total capital outlay for development of roads & bridges
in the state stood at US$ 415.71 million.
A number of road development projects have been taken up under
Public-Private Partnerships (PPP). The Barasat-Krishnanagar
section, Palsit-Dankuni road project and Panagarh-Palsit road
project are some of the PPP projects taken up in the state.
In May 2017, the state government is planning to develop the 2.6 km
long Muragaccha-Kalyani road at NH-34 end to improve road
connectivity for the proposed AIIMS at Kalyani. The project includes
construction of four lane stretch along with both side drain and
additional cross drain system.
Road type Road length (km)
Total road length 299,209
National highways 2,909.8
State highways 4,505
Funds allocated for maintenance of national highways in West
Bengal – US$ Million
8.89
12.15
16.11
10.62
0
5
10
15
20
2012-13
2013-14
2014-15
2015-16
18. For updated information, please visit www.ibef.orgWEST BENGAL18
PHYSICAL INFRASTRUCTURE – RAILWAYS
West Bengal is well connected through the railway network. The
length of railways was around 4,135.19 km as of March 2016.
Howrah, Asansol, Sealdah, Bandel, Bardhaman, Kharagpur and
New Jalpaiguri are the main junctions in West Bengal.
Indian Railways has an electric locomotive production unit,
Chittaranjan Locomotive Works (CLW), located on the West Bengal-
Jharkhand border, with a production capacity of 230 engines.
Indian Railways has already started work to set up an electric
locomotive assembly and ancillary unit at Dankuni, West Bengal.
The work on extension of metro railway from Dum Dum to Noapara,
which is 2.57 km long, was completed and is now operational.
As of May 2017, the construction work on metro stretch of 4.38 km
from Noapara and Dakshineshwar is yet to commence and is
expected to be commissioned by the end of 2018.
The government is also planning to introduce driverless metro trains
by 2018, with GoA3 and GoA4 automation systems being used.
Source: Maps of India Ministry of Railways, Government of India
19. For updated information, please visit www.ibef.orgWEST BENGAL19
PHYSICAL INFRASTRUCTURE – AIRPORTS … (1/2)
West Bengal has 2 airports: domestic & an international airport.
Netaji Subhash Chandra Bose International Airport is located in Dum
Dum, 18 km from Kolkata; the domestic airports are at Bagdogra
(Siliguri) & at Behala, 16 km from Kolkata.
For the year 2017-18 (April to January), total passenger traffic at
Kolkata airport was 16,350,262.
The Kolkata airport was modernised at a estimated cost of US$ 360
million. The modernisation included modern taxiways, a new terminal
& extension of a runway. This helped in increasing the passenger
handling capacity to around 25 million passengers annually as
compared to 4.8 million in January 2013.
Kazi Nazrul Islam airport at Andal, Bardhaman, has become the 1st
greenfield airport in India. The project has been promoted by Bengal
Aerotropolis Projects Limited (BAPL) with an estimated cost of
around US$ 2.2 billion. The airport started operations in May 2015.
Upgradation of Coochbehar and Bagdogra Airports has been
planned under the 12th Five Year Plan. There are also plans for
setting up of new airports at Malda, Coochbehar, Haldia, Burdwan,
Asansol & Sagar.
For introduction of aircraft service from Kolkata to Coochbehar,
Balurghat and Malda, work of runway construction at Balurghat has
been completed and for runway construction at Malda has been
started.
West Bengal became the first state to provide 100% waiver on sales
tax on aviation turbine fuel at Kazi Nazrul Islam Airport, Bagdogra
and Cooch Behar for a three-year period.
Source: Airports Authority of India
International airport
Domestic airport
Kolkata
Bagdogra
Behala
20. For updated information, please visit www.ibef.orgWEST BENGAL20
PHYSICAL INFRASTRUCTURE – AIRPORTS … (2/2)
Source: Airports Authority of India,
Kolkata aircraft movement (nos.)
85,696
94,375
99,843
93,605
92,871
97,128
1,02,485
1,24,154
123465
-
20,000
40,000
60,000
80,000
1,00,000
1,20,000
1,40,000
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
Kolkata passenger traffic (million)
8.05
9.63
10.30
10.07
10.10
10.92
12.42
15.81
16.35
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
In 2016-17, the Kolkata airport handled 152,415 Metric Ton (MT) of freight. During April-January 2018, freight traffic handled stood at 138,604 MT.
Note: 2017-18* - up to January, 2018
21. For updated information, please visit www.ibef.orgWEST BENGAL21
PHYSICAL INFRASTRUCTURE – PORTS AND INLAND
WATERWAYS … (1/2)
West Bengal has two major ports located at Kolkata and Haldia.
From April to January 2018, the combined volume of goods handled
by both the ports of Kolkata and Haldia, was 47.08 million tonnes,
comprising 33.11 million tonnes at Haldia Dock Complex and 13.97
million tonnes at Kolkata Dock System.
In light of capacity expansion plans of existing industries near Haldia
dock, Kolkata Port Trust has announced plans to upgrade Haldia
dock’s cargo handling capacity by constructing riverine jetties. The
upgradation is expected to be completed by 2017.
DP World is developing a greenfield container terminal on the east
bank of the river Hooghly in Kulpi. The port will have 900 mtr quay
line and 34 hectares of paved yard. The project cost is US$ 265
million.
Government of India has declared the entire stretch of the Ganges
between Haldia and Allahabad as National Waterway-1 (NW-1). NW-
1 spans across a distance of 1,620 km. The 560-km Haldia-Farakka
stretch of NW-1 has been developed as part of the multi-modal
system for cargo from Nepal, Bhutan, north Bengal and the
northeastern states. As of August 2016, the first trial of cargo
transport on NW-1, was launched from Varanasi to Kolkata.
The state Government has initiated plans to reclaim the 43 km north-
canal system that stretches from river Hoogly to river Raimangal on
the Bangladesh border.
World Bank has assisted mega project ‘Development of Inland Water
Transportation on National Waterways-1 (Phase-1)’ from Haldia to
Tribeni. The project envisages for the construction of 56 normal
jetties, 8 LCT jetties for RO-PO and introduction of modern vessels.
Haldia
Cargo movement in National Waterway One
27,16,436
33,49,138
50,50,209
62,37,124
30,65,564
-
10,00,000
20,00,000
30,00,000
40,00,000
50,00,000
60,00,000
70,00,000
2012-13
2013-14
2014-15
2015-16
2016-17
Source: Ministry of Shipping, Government of India, Indian Port Association
Kolkata
22. For updated information, please visit www.ibef.orgWEST BENGAL22
PHYSICAL INFRASTRUCTURE – PORTS AND INLAND
WATERWAYS … (2/2)
Traffic handled by Kolkata Dock System (‘000 tonnes)12,875
15,283
16,782
16,173
13,970
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
2013-
14
2014-
15
2015-
16
2016-
17
2017-
18
(Apr-
Jan)
Traffic handled by Haldia Dock Complex (‘000 tonnes)
28,511
31,010
33,507
34,141
33,113
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
2013-
14
2014-
15
2015-
16
2016-
17
2017-
18
(Apr-
Jan)
Commodity Kolkata Dock System
P.O.L (Product) 368
Vegetable oil 334
Timber 80
Pulses 927
Iron and steel 22
Other cargo 6,710
Commodity-Wise traffic handled at Kolkata Dock System (‘000
tonnes)
Source: Indian Port Association
Commodity Haldia Dock Complex
P.O.L 3,053
Iron ore 792
LPG 1,081
Thermal coal 904
Iron and steel 289
Others 7,394
Commodity-Wise traffic handled at Haldia Dock Complex (‘000
tonnes)
23. For updated information, please visit www.ibef.orgWEST BENGAL23
PHYSICAL INFRASTRUCTURE – POWER
As of January 2018, West Bengal had a total installed power
generation capacity of 10,490.23 MW; of which 6,697.95 MW was
under state utilities; 2,621.51 MW was under the private sector and
1,170.77 MW was under central utilities.
Of the total installed power capacity, 8,655.77 MW was contributed
by thermal power, 1,396.00 MW by hydropower and 438.46 MW by
renewable power.
West Bengal Renewable Energy Development Agency, formed in the
year 1993, has implemented a large number of programmes related
to solar energy, wind energy, mini & micro hydel, bio-energy, etc.
The West Bengal Power Development Corporation Limited Board is
planning to establish an additional 500 MW unit under the existing
capacity of Sagardighi Thermal Power Plant in coming years.
Similarly, the establishment of 2 new units (500 MW each) in San-
taldih Thermal Power Plant, are being planned by WBPDC in coming
years. Moreover, the work on setting up one unit is under process.
In August 2016, the Central Government launched Pradhan Mantri
Ujjwala Yojana, targeted to benefit 19.6 million BPL households over
a period of three years. The state is expected to witness an
investment of around US$ 441 million, while creating 10,000 new
jobs.
Source: Central Electricity Authority
Installed power capacity (MW)
7,731.70
8,149.50
8,316.90
8,567.30
8,654.30
8,958.80
9,576.00
9,984.40
10,382.78
10,490.23
0.0
2,000.0
4,000.0
6,000.0
8,000.0
10,000.0
12,000.0
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
In March 2017, SPML Infra Ltd received new orders worth US$
37.18 million for power transmission and distribution in West Bengal
and Haryana. The company received US$ 15.90 million worth of
orders from West Bengal State Electricity Distribution Company for
rural electricity infrastructure development in Murshidabad.
During 2015-16 to 2017-18, all 22 un-electrified villages that were
present in the state were electrified.
1 Note: As of January 2018
1
24. For updated information, please visit www.ibef.orgWEST BENGAL24
EMPHASIS ON HYDRO POWER PROJECTS
The state is laying emphasis on the development of hydel power
generation capacity. WBSEDCL has identified potential to develop
6,300 MW of hydropower, which includes pumped storage potential
of 4,800 MW and 1,500 MW of canal falls.
During October 2017, the hydro power generated from small hydro
power sources in the state was recorded to be 22.36 MU.
Expected growth in hydro power capacity (MW)
1,396
2,300
-
500
1,000
1,500
2,000
2,500
2016
-17
2019
-20
Prime mover Developer Project name Installed capacity (MW)
Steam
C.E.S.C. Pvt.
Budge-Budge Thermal Power
Station
750
Steam
New Cossipore Thermal Power
Station
160
Steam Southern Replacement T P S 135
Steam Titagarh Thermal Power Station 240
Steam
Dishergarh Pvt.
Chinakuri Thermal Power Station 30
Steam Dishergarh Thermal Power Station 18
Steam Seebpore Thermal Power Station 8.375
Steam M/s Haldia Energy Limited Haldia TPP 600
Total power generating capacity 1,941.37
Private sector power generating stations
Source: Central Electricity Authority, Ministry of Power, Government of India
25. For updated information, please visit www.ibef.orgWEST BENGAL25
PHYSICAL INFRASTRUCTURE – TELECOM
According to Telecom Regulatory Authority of India (TRAI), there
were around 58 million wireless subscribers and 0.28 million wireline
subscribers in West Bengal as of December 2017.
Kolkata offers about 580 Mbps of international satellite connectivity
through Tata-owned Videsh Sanchar Nigam Limited (VSNL) and
Software Technology Parks of India (STPI).
The state has five STPI earth stations at Kolkata, Durgapur,
Kharagpur, Haldia, and Siliguri. The Department of
Telecommunications has selected Digha in the East Midnapore
district as the cable landing station for the submarine-cable laying
project connecting India and Southeast Asia.
In December 2017, the state recorded 336,908 new telephone
wireless connections of Bharti Airtel and 12,958 new connections of
Reliance Jio.
By the end of December 2017, 18,477,256 subscribers had
submitted requests for mobile number portability in West Bengal.
In Bengal Global Business Summit Reliance Industries Ltd (RIL)
announced that it will be investing Rs 5,000 crores (US$ 772.32
million) in West Bengal to support telecom arm Reliance Jio
Infocomm’s operations, its digital ecosystem also the group’s retail
and fuel retail businesses.
Wireless subscribers 58,001,606
Wire-line subscribers 284,709
Internet subscribers* 16,830,000
Teledensity (in%) 91.65
Telecom Infrastructure (As of December 2017)
Dishnet Wireless
Bharti Airtel
Bharat Sanchar Nigam Limited
(BSNL)
IDEA Cellular
Reliance Communications
Vodafone Essar
Tata Teleservices
Some of the major telecom operators in West Bengal
Source: Telecom Regulatory Authority of India, 1including West Bengal and Sikkim
Source: TRAI
*Note: As of September 2017
26. For updated information, please visit www.ibef.orgWEST BENGAL26
DEVELOPMENT PROJECTS: URBAN
INFRASTRUCTURE (1/2)
Under the Jawaharlal Nehru National Urban Renewal Mission
(JNNURM), 80 projects costing US$ 1.2 billion have been sanctioned
for West Bengal as of 2015 under Urban Infrastructure & E-
Governance. Key areas of development are water supply, sewerage,
solid-waste management, construction of flyovers, drainage/storm
water drains & mass rapid transport system. In comparison with the
previous allocation of US$ 366.21 million in 2016-17, under the state
budget 2018-19, the Government of West Bengal allocated US$
1,546.62 million to the Urban Development Department.
In March 2017, Kolkata's Eco Park opened a new organic herbal
restaurant known as Roof-Katha, which is managed by the Bengal
agriculture department. The restaurant’s roof has an organic garden,
products of which are used to cook & serve the food.
Under the Green City Mission, 364 schemes at an estimated cost of
Rs. 459.52 crores (US$ 70.98 million) have already started across
the State in 2016-17. Another 1,896 schemes at an estimated cost
Rs. 720.66 (US$ 111.32 million) crores have begun in 2017-18.
Under Green Space Development programme, 127 projects have
been completed in 47 Urban Local Bodies.
Note: UIG - Urban Infrastructure and Governance
Project Name
Project cost –
US$ million
110 MGD Jetty, water pumping station, 50
MGD water treatment plant
32.68
Two 3 million gallon capacity semi underground
reservoir cum booster pumping stations, one
each at Convent Park and Senpally
-
Major projects completed in 2016
Project Description
Kolkata Urban
Services for the
Poor (KUSP)
Programme for 40 urban local bodies within
Kolkata Metropolitan Area, excluding Kolkata
Municipal Corporation, at a cost of US$ 155
million. The allocation of financial aid is as
follows: Infrastructure (67.4%), capacity building
(11.2%), economic development (5.0%), health
support (4.4%) & the rest for planning, innovation
and monitoring.
Kolkata
Environment
Improvement
Project (KEIP)
Project with assistance from the Asian
Development Bank and the Department for
International Development (DFID), at a cost of
US$ 401.3 million.
Italian Assisted
Solid Waste
Management &
Water Supply
Projects
Project for water supply and solid-waste
management in selected towns of West
Bengal, at a cost of US$ 34 million.
Externally aided programmes are as follows:
27. For updated information, please visit www.ibef.orgWEST BENGAL27
FOCUS ON PPP MODEL
The state has outlined opportunities of US$ 736.5 million for PPP
projects, mainly in the area of tourism. The Himalayan mountain
range, the largest riverine delta, a mangrove forest, Sunderban & tea
gardens in Darjeeling are some of the state’s main tourist attractions.
West Bengal has also planned the development of several airports,
budget & premium hotels in Sunderbans, Digha & other places.
Establishment of the West Bengal Infrastructure Development Fund
is aimed to meet the financing needs of PPP projects.
Professional PPP consultants and PPP cells have also been created
to undertake sector-specific PPP projects.
Three new medical colleges have been planned in Kolkata, Nadia
and Cooch Behar on a PPP model
Under the PPP mode, West Bengal is the 1st state in India to set up
fair price medicine shops. As of March 2017, 112 medicine shops
were set up in the state, which have helped to provide a discount of
around US$ 128.67 million to over 29,300,000 patients.
Tourism
Health
Education
Road and bypass, flyovers
Airports and heliports
Logistic hubs
Industrial and knowledge parks
Townships
Water supply and power
Solid waste management and
drainage
Urban transport and housing
Key focus sectors for the PPP model
28. For updated information, please visit www.ibef.orgWEST BENGAL28
KEY PUBLIC-PRIVATE PARTNERSHIP (PPP)
PROJECTS
Source: Department of Economic Affairs, Government of India
Project name Sector-sub sector
Project cost
(US$ million)
Stage
Amusement Park at Dagapur
Social and Commercial Infrastructure-Common
infrastructure for industrial parks, SEZ
4.15 Operation
Berth 4A (Haldia) Project Transport-Ports (excluding captive) 33.18 Operation
Kolkata–Durgapur Expressway Transport – Roads and bridges 71.67 Operation
Mechanisation of HDC Berth No.
2 and 8
Transport-Ports (excluding captive) 24.88 Operation
O&M and Management of 25
MGD Water Treatment Plant
Water sanitation - Sewage collection, treatment
and disposal system
7.47 Operation
Palsit-Dankuni NH-2 (Durgapur
Expressway) Road Project
Transport – Roads and bridges 71.67 Operation
Panagarh-Palsit Road Transport – Roads and bridges 58.06 Operation
Development of Haldia Dock II
(North)
Transport-Ports (excluding captive) 136.26 Operation
Water Supply and Sewerage
Systems at Salt Lake
Sanitation-Sewage collection, treatment and
disposal system
11.11 Operation
29. For updated information, please visit www.ibef.orgWEST BENGAL29
DEVELOPMENT PROJECTS: SEZs … (1/2)
Notified SEZs in West Bengal(1)
Uttarpara: IT/ITeS park
24 Parganas: IT/ITeS
park
Rajarhat, Kolkata:
IT/ITeS parks (Unitech
Hi-Tech Structures)
Rajarhat, Kolkata:
IT/ITeS parks (DLF)
New Town: IT/ITeS
park
Source: Ministry of Commerce & Industry, Government of India
Note: (1)As of July 2015
30. For updated information, please visit www.ibef.orgWEST BENGAL30
DEVELOPMENT PROJECTS: SEZs … (2/2)
Source: Ministry of Commerce & Industry, Government of India
Industry Locations No of SEZs
Bengal Srei Infrastructure
Development Limited
Kharagpur, West
Bengal
1
DLF Limited Dankuni township,
West Bengal
1
SEZs with in-principal approvals-December 2017
Industry Locations No of SEZs
IT/ITeS
Kolkata, Rajarhat, 24 South
Paraganas, Uttarpara, North
24 Parganas, Rajarhat, New
Town Kolkatta
7
Formally approved SEZs-December 2017
Industry 2013-14 2014-151
Exports – US$ billion 2.69 0.45
Employees 48,112 49,599
Exports and employees in SEZs in West Bengal
As of December 2017, West Bengal had 21 SEZs; of which, 7 are
operational, 5 are notified, 7 are formally approved and 2 have in-
principle approval.
5
1
1
IT/ITES
Gems & Jewellery
Multi Product
Sector-wise operational SEZs in West Bengal
Note: (1)As of July 2015
31. For updated information, please visit www.ibef.orgWEST BENGAL31
SOCIAL INFRASTRUCTURE – EDUCATION … (1/2)
West Bengal has a literacy rate of 77.1%; the male literacy rate is
81.7% and the female literacy rate is 70.5%.
Net enrollment ratio (NERs) of girls in primary education, upper
primary education and elementary education was higher than the
boys in West Bengal.
West Bengal has 22 universities, 124 polytechnics, 72 management
colleges, 114 industrial training institutes and industrial training
centers (which includes 52 Government ITI centres & 62 private
centres ) & 17 medical colleges.
On National Science day, 2017, foldscopes or origami paper
microscopes were distributed among all state run schools in rural
areas, as a charity initiative for making science accessible to the
Bengali-speaking masses in the state.
Source: Census 2011
Number of schools
Primary only: 76,514
Upper primary with secondary/higher
secondary: 6,850
Pupil-teacher ratio All schools: 26.8:1
Enrolment of students in
schools (all schools)
Government schools: 12,972,344
Private schools: 996,723
Number of teachers (all
schools)
Government teachers: 512,714
Private teachers: 65,589
West Bengal’s education statistics
Literacy rate 77.1
Male literacy 81.7
Female literacy 70.5
Literacy rates (%)
Source: State Report Card
Scheme 2013-14 2014-15 2015-16 2016-17
2017-18
(up to
Decem
ber
2017)
SSA 254.14 159.25 129.36 122.50 97.24
Funds released for West Bengal under SSA (Sarva Shiksha
Abhiyan) scheme – US$ million
32. For updated information, please visit www.ibef.orgWEST BENGAL32
SOCIAL INFRASTRUCTURE – EDUCATION … (2/2)
The West Bengal Government Merit-Cum-Means Scholarship
Scheme has been instituted to help poor students pursue higher
education. The scholarship amount varies from US$ 10 to US$ 33
per month.
As per state budget 2018-19, the Government of West Bengal
allocated US$ 3,818.64 million for school education, US$ 548.54
million for higher education and US$ 156.04 million for technical
education and training in the state.
In 2016-17, the state government set up 199 primary schools and 71
upper primary schools in West Bengal. In addition, 135 schools have
been upgraded from upper primary to high & high to higher
secondary during this period.
Source: University Grants Commission, Government of India, Medical Council of India, All India Council for Technical Education, West Bengal Technical Education & Training Department
State universities: 22
Polytechnics: 124
Management colleges: 72
Industrial training institutes and industrial training centres: 114 ( Including
both Government & Private)
Medical colleges: 17
Educational infrastructure (2015)
University of Calcutta
Jadavpur University
National Institute of Technology
Rabindra Bharati University
Vidyasagar University
Burdwan University
West Bengal University of Health
Sciences
Indian Statistical Institute
Indian Institute of Technology
Indian Institute of Management
Bengal Engineering & Science
University
Indian Institute of Foreign Trade
Indian Association for Cultivation of
Science
Indian Institute of Chemical Biology
Premier institutions in West Bengal
33. For updated information, please visit www.ibef.orgWEST BENGAL33
SOCIAL INFRASTRUCTURE – HEALTH … (1/2)
The health infrastructure of West Bengal comprised 98 sub divisional
hospitals, 55 district hospitals, 1,449 primary health centres, 506
community health centres and 10,426 sub-centres as of September
2017.
As per state budget 2018-19, US$ 1354.67 million was allocated to
the Health and Family Welfare department.
During 2017-18, as of September, the Government of West Bengal
set up 8 new district hospitals and 61 new community health centres
(CHCs) in the state.
The state has launched the Antoyadaya Anna Yojana (AAY) scheme
to ensure that families get food grains; total number of beneficiaries
under this scheme is 1.98 million families. Active sub-district hospitals 98
Active district hospitals 55
Active primary health centres 1,452
Active community health centres 507
Active sub-centres 10,426
Health infrastructure – (As of March 2018)
Birth rate
1
15.4
Death rate
1
5.8
Infant mortality rate
2
25
Health indicators (2016)
Source: Sample Registration System (SRS) Bulletin, December 2016, Census 2011,
1Per thousand persons, 2Per thousand live births
Source: West Bengal Budget 2016-17, Department of Finance, Government of West
Bengal
34. For updated information, please visit www.ibef.orgWEST BENGAL34
SOCIAL INFRASTRUCTURE – HEALTH … (2/2)
During 2015-16, a total of 55 mobile medical units (MMUs)/mobile
medical vans (MMVs)/boat clinics were proposed by the state at an
amount of US$ 3.41 million, under National Health Mission.
Further, under NHM, the Government of India launched Rashtriya
Bal Swasthya Karyakram (RBSK) to detect the deficiencies, defects
at birth, diseases and development delays among children in the age
group of 0-18 years. During 2015-16 (up to June 2015), the number
of children screened under this mission stood at 29,98,246.
Source: West Bengal Budget 2016-17, Department of Finance, Government of West Bengal
Allocated Utilised
2014-15 1,545.07 305.74
2015-16 1,255.18 218.54
Funds for upgradation/strengthening of PHCs, CHCs, district
hospitals and new construction/renovation in tribal areas (US$
million)
Year
Funds
Allocated
Funds
Released
Expenditure
2014-15 160.90 161.72 182.83
2015-16 134.97 104.52 113.49
2016-17 122.23 110.60 259.94
2017-18* 143.65 107.82 99.32
Funds and expenditure under National Rural Health Mission
(NRHM)- US$ million
2014-15 2015-16 2016-17 2017-18
Relea
sed
166.80 117.31 170.41 102.76
Release of central assistance under mid day meal scheme -
US$ million
Note: 2017-18* - up to December 5th, 2017
35. For updated information, please visit www.ibef.orgWEST BENGAL35
CULTURAL INFRASTRUCTURE
Cricket and football (soccer) are popular sports in the state. Kolkata is one of the major centres for football in India and is home to top national
clubs such as East Bengal, Mohun Bagan and Mohammedan Sporting Club. Around US$ 17.3 million to be allocated for assistance of around
7,000 sports clubs in the state.
Eden Gardens, Salt Lake Stadium and Netaji Indoor Stadium are some of the well known sports stadiums in the state. West Bengal is known for
its premier sports clubs: Royal Calcutta Golf Club, Tollygunge Club, Royal Calcutta Turf Club, Calcutta Rowing Club and Calcutta Cricket and
Football Club.
Bengal had been the harbinger of modernism in fine arts. Birla Academy of Art and Culture Museum, Rashtriya Lalit Kala Academy, Academy of
Fine Arts, Asiatic Society and Ashutosh Museum of Indian Arts are some of the art establishments in the state.
West Bengal has a rich culture and literature. Music forms in West Bengal include Rabindra Sangeet, Nazrul Geeti, Adhunik, Shyamashangeet,
Jibonmukhi, Baul, Gombhira and Bhawaiya.
Dance forms include Gaudiya Nritya, Rabindra Nritya, Chhau, Raibense dance, Jhumar and Adhunik Nritya. Jatra is the traditional theatre form of
West Bengal.
As per state budget 2018-19, US$ 82.89 million was allocated for the Cultural Affairs Department, by the Government of West Bengal.
In March 2017, the state government announced its plans to start producing volleyball nets, volleyballs & footballs, which will be used for playing &
training in games, and make Bengal a self sustained state. Earlier the requirement for sports goods in the state was fulfilled from Jalandhar.
Source: West Bengal Budget 2016-17, Department of Finance, Government of West Bengal
36. For updated information, please visit www.ibef.orgWEST BENGAL36
INDUSTRIAL INFRASTRUCTURE … (1/3)
West Bengal has 12 growth centres for medium and large scale industries,
set up by the West Bengal Industrial Development Corporation (WBIDC).
There are exclusive growth centres for electronics, software technology and
export processing.
The Naba Diganta Industrial Township was set up in January 2006, in
Kolkata’s Salt Lake township to encourage IT and related industries.
West Bengal’s major industrial areas are Haldia, Kolkata, Asansol-
Durgapur region, and Kharagpur.
WBIDC helps get clearances required for setting up industry. It also focuses
on sector-specific infrastructure for industries such as food, apparel, IT,
electronics, engineering, gems & jewellery, cement and chemicals.
Under the ‘Upgradation of 1,396 Government ITIs through ‘Public Private
Partnership’ scheme, 28 industrial training institutes (ITIs) were covered in
the state of West Bengal as of August 2015. Additionally, under the ‘Skill
Development in 34 Districts Affected by Left Wing Extremism’ scheme, one
ITI located in Paschim Midnapur was covered.
Bengal Global Business Summit, 2018 was completed in February 2018.
The summit witnessed participation from delegates from India and 32 other
countries and business worth US$ 33,827.62 million were discussed.
In an effort to improve the industrial infrastructure, the state government in
April 2017 has pulled in heavy investments from major companies from
China’s Shandong and Jiangsu provinces. Six major joint ventures have
been signed between the Chinese majors and mid-sized companies in
Bengal.
In state budget 2018-19, an amount of Rs 123 crores (US$ 18.1 million) has
been extended to develop and modernize the Industrial Parks and Growth
Centers to attract entrepreneurs.
Project name Location
Technopolis Sector V, Salt Lake City
Globsyn Crystals Sector V, Salt Lake City
Infinity-Benchmark Sector V, Salt Lake City
Godrej Waterside Sector V, Salt Lake City
Millennium City Sector V, Salt Lake City
The Hub Sector V, Salt Lake City
Infinity (Tower-II) Sector V, Salt Lake City
Videocon-Salarpuria Sector V, Salt Lake City
Bengal Intelligent Park Sector V, Salt Lake City
Ascendas Rajarhat
Keepeland Rajarhat
DLF Rajarhat
Unitech Group Rajarhat
Sunrise City EM Bypass
Some of the IT projects in Kolkata
Source: West Bengal Industrial Development Corporation
37. For updated information, please visit www.ibef.orgWEST BENGAL37
INDUSTRIAL INFRASTRUCTURE … (2/3)
Industrial parks in West Bengal
Borjora, Bankura
District: Plasto Steel
Park (Phase-I & II)
Kolkata:
Manikanchan SEZ
( Phase I and II),
Garment Park,
Shilpangan (Light
Engineering Park)
Howrah: Food Park (Phase I
& II), Kandua Food Park,
Poly Park, Rubber Park,
Foundry Park
West Midnapore District: Vidyasagar
Industrial Park, Shalboni Industrial
Park, Godapiasal Industrial Park
Raghunathpur, Purulia
District: Raghunathpur
Steel & Allied Industrial
Park
Bardhhaman:
Panagarh Industrial Park,
Salanpur Industrial Park,
Ranigunj Aluminium &
Non-ferrous Metals Park
24 Parganas North:
Rishi Bankim Industrial
Park
Source: West Bengal Industrial Development Corporation
38. For updated information, please visit www.ibef.orgWEST BENGAL38
INDUSTRIAL INFRASTRUCTURE … (3/3)
Some of the industrial parks in West Bengal
Project name Location
Food Park (Phase-I & II ) Food processing Sankrail, (Howrah District)
Poly Park Polymer products Sankrail, (Howrah District)
Rubber Park
Rubber footwear, hoses, tubes, automotive rubber
products
Sankrail, (Howrah District)
Kolkata Biotech Park Biotechnology products Kolkata
Plasto Steel Park (Phase-I & II) Iron and steel and plastic products Borjora (Bankurna District)
Vidyasagar Industrial Park Engineering and manufacturing Kharagpur (West Midnapore District)
Shalboni Industrial Park Iron & steel Shalboni (West Midnapore District)
Panagarh Industrial Park Engineering and manufacturing Panagarh (Bardhhaman)
Raghunathpur Steel & Allied
Industrial Park
Iron & steel, cement and power Raghunathpur, (Purulia District)
Foundry Park (Phase-I & II ) Castings, forge and foundry products Sankrail, (Howrah District)
Rishi Bankim Industrial Park Multi-product 24 Parganas North
Garment Park Garments Kolkata
Shilpangan (Light Engineer. Park) Light engineering products Kolkata
Source: West Bengal Industrial Development Corporation, Department of Biotechnology Government of West Bengal
39. For updated information, please visit www.ibef.orgWEST BENGAL39
Under Smart City Program, the state government has announced
plans to build seven smart cities in West Bengal. As of June 2017, 1
smart city was short listed in the state of West Bengal to be
developed as a smart city.
55 cities in the state were identified under Atal Mission for
Rejuvenation and Urban Transformation (AMRUT) as of 2017-18.
US$ 2.84 million was allocated to the state of West Bengal for
Administrative and Office Expenses (A&OE) in order to prepare the
Service Level Improvement Plan (SLIP)/Capacity Building (CB). In
July 2015, the Ministry of Urban Development of Government of
India released US$ 2.45 million as advance for the 59 cities under
AMRUT guidelines.
AMRUT AND SMART CITIES
Cities Population
New Town Kolkata 36,541
Number of AMRUT cities with population less
than 1 million
53
Number of AMRUT cities with population
in the range of 1 – 10 million
2
Number of AMRUT cities with population
greater than 10 million
0
Total number of AMRUT cities 55
Classification of AMRUT Cities in West Bengal on the basis of
population
40. For updated information, please visit www.ibef.orgWEST BENGAL40
KEY INDUSTRIES
The natural resources, policy incentives & infrastructure in the state
support investments in major sectors like iron, steel, biotechnology,
coal, leather, jute products, tea, IT, gems & jewellery. The state has
3,000 acres of land at its disposal to set up industries.
Climatic conditions suitable for cultivation of tea & jute have made
West Bengal a major centre for these products & related industries.
West Bengal occupies a predominant position in the development of
micro & small scale enterprises.
MSME industries are considered to create maximum employment
opportunities for the youth in the state as the sector has maximum
elasticity of labour output. Over the last 5 years, there has been an
increase in bank credit across the MSME sector, which has led to an
increase in the investments as well as employment opportunities.
The state has 3.5 million working micro, small & medium enterprises
(both registered & unregistered) providing employment to around 8.6
million persons.
The state’s Ministry of Micro Small & Medium Enterprises (MSME)
received business proposals worth US$ 7.54 billion during Bengal
Global Business Summit.
Up to December 2017, West Bengal has received 61 investment
intentions (IEMs and LOIs/DILs) worth US$ 629.29 million.
According to the report ‘Bengal-Destination Next for Improved
Infrastructure & Efficient Logistics’ released at the Bengal Global
Business Summit 2018, West Bengal will see an investment of Rs
4,300 crores (US$ 664.20 million) in the warehousing and logistics
sector in the next coming years till 2020.
Source: Ministry of Micro, Small and Medium Enterprises, Government of India, West Bengal Budget 2016-17, Department of Finance, Government of West Bengal; News articles
Key industries in West Bengal
Tea
Petroleum and petrochemicals
Leather
Iron and steel
IT
Mineral resources
Automobile and auto components
Biotechnology
Fisheries
Agriculture and horticulture
Livestock and dairy products
Chemicals
Textiles
Jute products
Vegetable oils
Electronics
Engineering goods
41. For updated information, please visit www.ibef.orgWEST BENGAL41
KEY INDUSTRIES – TEA … (1/2)
West Bengal is the second-largest tea growing state in India, and
accounted for around 28.58% of India’s tea production in 2016-17.
Total tea production in West Bengal from April-December 2017 stood
at 342.41 million kg.
Tea gardens in the state are located in Darjeeling and Jalpaiguri, the
two northern districts of West Bengal.
Darjeeling tea has a geographical indication (GI) status that is
recognised globally. It is regarded by connoisseurs as the
Champagne of Teas.
Around 10 million kg of Darjeeling tea is produced annually.
Wagh Bakri Tea, India's third largest packaged tea company, plans
to make acquisitions worth ~US$ 17 million by 2015. As a part of its
plan, the company aims to acquire five to seven tea estates in
Assam and West Bengal.
For reviving five loss making state-owned tea gardens, the
Government of West Bengal invited participation from private
players. The process completed in February 2015. The Ambootia
group was awarded 3 Darjeeling gardens for US$ 4.73 million, while
the remaining 2 gardens in Dooars were auctioned for US$ 1.12
million to Malnady Tea Private Ltd.
Source: Tea Board of India
Some of the key players
Tata Global Beverages
Goodricke Group Ltd
Mcleod Russel India Ltd
Duncans Industries Ltd
Production of tea (in million kg)
233.10
221.20
229.80
226.40
279.30
312.90
324.26
329.60
357.39
342.41
0
50
100
150
200
250
300
350
400
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
Note: 1During April 2017 – December 2017
1
42. For updated information, please visit www.ibef.orgWEST BENGAL42
KEY INDUSTRIES – TEA … (2/2)
Tata Global Beverages
Goodricke Group Ltd
(GGL)
Mcleod Russel India
Ltd
GGL, a part of Camellia plc. UK, is engaged in the cultivation, manufacture, and sale of tea in India. The company
launched cold tea and has entered the ready-to-drink products market in 2009.
It has 17 gardens, including three gardens in Darjeeling, two in Assam and 12 in Jalpaiguri.
Its total income during 2016-17 stood at US$ 107.84 million and in the 3rd quarter of 2017-18 total income was
US$ 40.22 million.
Tata Global Beverages, formerly known as Tata Tea, is the largest brand of tea in India. It acquired the Earth
Rules, an Australian company under the MAP brand, in 2014. Tata Global Beverages is the second largest tea
player across the globe.
The company has six major brands in the Indian market: Tata Tea, Tetley, Kannan Devan, Chakra Gold, Agni and
Gemini. It has its headquarters and tea estates in West Bengal.
In 2016-17, consolidated revenues of the company stood at US$ 1.07 billion and in the 3rd quarter of 2017-18
total income was US$ 1.35 billion.
Mcleod Russel is the largest tea producer in the world with over 100 million kg of tea every year from tea estates
in Assam, West Bengal, Vietnam, Uganda and Rwanda, employing 90,000 people. It is also India’s largest tea
exporter.
The company has its registered office in Kolkata.
The five tea estates in Jalpaiguri district produce 6.27 million kg of tea annually. The total estimated crop
production is 6,275 tonnes. Its consolidated revenue in 2016-17 stood at US$ 318.8 million billion and in the 3rd
quarter of 2017-18 total income was US$ 100.25 million.
Duncans Industries
Ltd
Duncans Industries Ltd, headquartered in Kolkata, is a part of the diversified Duncan-Goenka Group, established
in 1859.
The company has 12 tea estates, located in the Doors, Terai and Darjeeling.
The company markets tea under the Runglee Rungliot, Double Diamond, Shakti, Sargam and No1 brands.
43. For updated information, please visit www.ibef.orgWEST BENGAL43
KEY INDUSTRIES – PETROLEUM AND
PETROCHEMICALS … (1/3)
West Bengal accounted for around 3.8% of the country’s refinery
crude throughput in 2014-15. The state accounts for about 4% of the
total production of petroleum products in India. Haldia
Petrochemicals Limited is one of India’s largest integrated
petrochemical complexes.
Indian Oil Corporation increased its refining capacity to 80.7 million
metric tonnes per annum (MMTPA) in 2016-17 from 65.7 MMTPA in
2014-15. The company has also announced to increase its Haldia
plant capacity by 10,000 bpd in 2016-17 from 172,000 bpd as of
2014-15. Mitsubishi Chemicals and Corporation, a Japan based
chemicals major, has invested in a Purified Terepthalic Acid (PTA)
plant at Haldia with an investment of US$ 780 million (Phases I & II).
Key players
Indian Oil Corporation Ltd (IOCL)
Oil India Ltd (OIL)
Oil and Natural Gas Corporation Ltd (ONGC)
Haldia Petrochemicals Ltd (HPL)
Source: Ministry of Petroleum & Natural Gas Statistics 2016-17, *till October 2017
Production of natural gas in West Bengal (million cubic meters)
156.49
223.68
389.42
313.00
227.00
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
400.00
450.00
2013-14
2014-15
2015-16
2016-17
2017-
18*
44. For updated information, please visit www.ibef.orgWEST BENGAL44
KEY INDUSTRIES – PETROLEUM AND
PETROCHEMICALS … (2/3)
Indian Oil Corp Ltd
(IOCL)
Oil and Natural Gas
Corp Ltd (ONGC)
IOCL is India's largest company by sales with a revenues of US$ 65.39 billion in 2016-17 and in the 3rd quarter of
2017-18 total revenues generated by the company was US$ 20.42 billion. It is the twentieth largest petroleum
company in the world.
It owns and operates 10 of India's 22 refineries with a combined refining capacity of 65.7 MMTPA (1.30 million
barrels per day).
It has a refinery at Haldia, with an installed capacity of 7.5 MTPA, which has grown from 2.5 MTPA in 1975.
The company augmented the capacity of Paradip-Haldia-Barauni crude oil pipeline from 11 MMTPA to 15.2
MMTPA. IOCL had approved the total project cost of US$ 97.21 million. The project is awaiting statutory
clearance. The commissioning of the project is expected by August 2015.
ONGC is India’s leading oil and gas exploration and production company, with production of 1.24 million barrels of
oil equivalent per day, accounting for over 64% of domestic production.
The company has 240 onshore production installations, 202 offshore production installations, 77 drilling rigs and a
26,598-km pipeline network.
ONGC acquired five onshore blocks spread over 16,500 sq km in West Bengal for US$ 2 billion as of December
2009. The company is expected to commence its first oil exploration activity in West Bengal at Block PA-ONN-
2005/1 of the Purnea basin (acquired in 2008).
During 2016-17, the company recorded total revenues of US$ 12 billion and in the 3rd quarter of 2017-18, total
revenues of the company stood at US$ 3.73 billion
45. For updated information, please visit www.ibef.orgWEST BENGAL45
KEY INDUSTRIES – PETROLEUM AND
PETROCHEMICALS … (3/3)
Oil India Ltd (OIL)
Haldia Petrochemicals
Ltd (HPL)
OIL, established in 1959, is primarily engaged in exploration, development, production and transportation of crude
oil and natural gas in India. OIL owns 10 crude oil pumping stations and 17 repeater stations spread across
Assam, West Bengal and Bihar.
The state-of-the-art pipeline has the capacity to transport 8 MTPA of crude and feed four public sector refineries
in north-east India. The company also owns and operates a 654-km petroleum product pipeline connecting
Numaligarh Refinery Limited in Assam to Siliguri in West Bengal. The total sales turnover of the company during
2016-17 was US$ 1.7 billion. In the 3rd quarter of 2017-18 the company’s total revenues was US$ 473.48 million.
HPL is a modern, naphtha-based petrochemical complex located at Haldia, 125 km from Kolkata.
It is a joint venture project of the Government of West Bengal, with the Chatterjee Group, the Tata Group and
IOCL as major stakeholders.
It has the capacity to produce 700,000 tonnes of ethylene per annum and process over 3,50,000 tonnes per
annum of polymers.
In February 2015, the company restarted its operations after the plant was shut down on July 7, 2014 due to
shortage of working capital.
46. For updated information, please visit www.ibef.orgWEST BENGAL46
KEY INDUSTRIES – LEATHER … (1/2)
Source: Ministry of Commerce and Industry, Government of India
West Bengal is one of the leading exporters of finished leather
goods.
West Bengal is the third largest producer of finished leather products
in India, after Tamil Nadu and Uttar Pradesh. According to the
Council for Leather Exports (CLE), 26% of the tanneries in India are
located in West Bengal. As of 2014-15, the state had around 666
manufacturing units producing leather and leather goods.
West Bengal Leather Industrial Development Corporation provides
assistance to small & micro scale industries of the state for the
development and marketing of leather goods.
The Government of West Bengal has set up an integrated leather
complex on the eastern fringe of Kolkata, spread over 1,100 acres.
Kolkata is the second most important tanning centre of India,
accounting for 22-25% of the country’s tanning activity.
The state government is in the process of framing an export policy. In
addition, the state is in talks with the Italian Trade Commission for
further promotion of leather exports.
In February 2017, the state government announced that the state
leather industry produced goods worth US$1.93 billion in 2015-16, of
which exports stood at US$1.041 billion.
As of March 2016, the state government proposed an outlay of US$
15.28 million for upgradation and renovation of unfinished
infrastructure of 1100-acre Calcutta Leather Complex. Indian Leather
Product Association (ILPA) is also planning to develop a 130-acre
footwear park within the complex, at an estimated cost of US$
152.76 million.
In May 2017, major leather companies of the country decided to
invest US$ 148.73 million to set up tanneries covering an area of two
lakh square metres within the Kolkata Leather Complex (KLC)
Key players
Khadim India Limited
Bata India Limited
Singhvi International
Balmer Lawrie and Company Limited
47. For updated information, please visit www.ibef.orgWEST BENGAL47
KEY INDUSTRIES – LEATHER … (2/2)
Khadim India Ltd
Bata India Ltd
Singhvi International
Singhvi International, established in 1974, is engaged in the export of leather hand gloves and safety garments
worldwide.
Factory and warehouse units are spread in and around Kolkata. It has its registered office in Kolkata.
The Khadim Group has a significant presence in the footwear segment, especially in the eastern region of India. It
is the second largest footwear retailer in India.
The company has 641 stores in 21 states of India, out of which 263 stores are located in West Bengal.
It has a manufacturing unit at Kasba Industrial Estate, Kolkata. The company has an annual production capacity
of 8.27 million pairs and plans to expand further.
Bata India Limited, incorporated in Kolkata, is the largest shoe manufacturer in India. The company has a 30.0%
share of the organised footwear market and its retail footprint spans more than 1,200 stores; it sells over 50
million pairs of footwear every year. Bata has a manufacturing unit in Batanagar, West Bengal. During FY 2016-
17, the company earned revenues of 395.85 million and in the 3rd quarter of 2017-18, total income generated was
US$ 105.77 million.
Balmer Lawrie and Co
Ltd
Balmer Lawrie is a Government of India enterprise; it is headquartered in Kolkata. The company manufactures
leather chemicals. It has manufacturing operations at Kolkata, Mumbai, Chennai, Mathura, Silvassa and offices
at many locations in India.
The company generated gross revenues of US$ 295.09 million during 2016-17 and in the 3rd quarter of 2017-18
total revenue of the company is US$ 64.69 million.
48. For updated information, please visit www.ibef.orgWEST BENGAL48
KEY INDUSTRIES – IRON AND STEEL … (1/2)
West Bengal has emerged as a favoured destination for the steel
industry.
The state’s deposits of iron ore have helped attract new projects. The
Chhota Nagpur plateau bordering West Bengal, is the nerve-centre
of this industry.
The Joint Plant Committee (JPC) for steel has been constituted by
the Government of India to formulate guidelines for production,
allocation, pricing and distribution of steel materials in the country.
Headquartered in Kolkata, it has regional offices in Kolkata, New
Delhi, Mumbai and Chennai.
The state accounts for about 10.0% of the country’s total steel
capacity.
Durgapur, popularly named the ‘Steel City of Eastern India’, has two
major steel plants: Durgapur Steel Plant and Alloy Steel Plant.
During 2016-17, the production of hot metal and pig iron in Durga
Steel Plant was recorded to be 2.31 million tonnes and 96 thousand
tonnes respectively.
During 2015-16, 30 places in five districts of the state, i.e., Paschim
Medinipur, Darjeeling, Purba Medinipur, Coochbehar and Malda)
were identified by Institute for Steel Development & Growth, where
the cluster development activities can take place.
Some of the key players
JSW Steel Ltd
SAIL
Shyam Steel
Super Forgings & Steel Ltd (SFSL)
In Bengal Global Summit held in January 2015, the state government
announced plans to invest US$ 6.6 billion for the expansion of the
Durgapur Steel plant. As of December 2015, the expansion of
Durgapur Steel Plant had finished.
In June 2017, a drinking water project funded by Tata Steel was
inaugurated at Haldia. The initiative is part of the CSR activities
undertaken by the Hooghly Met Coke (HMC) Division of Tata Steel.
49. For updated information, please visit www.ibef.orgWEST BENGAL49
KEY INDUSTRIES – IRON AND STEEL … (2/2)
JSW Steel Ltd (JSL)
Steel Authority of India
Ltd (SAIL)
Shyam Steel
Shyam Steel, established in 1953 in Howrah, is among the leading manufacturers of steel re-bars and structural
steel.
Its plant at Durgapur comprises a steel melting furnace, a billet casting plant and a rolling mill.
JSW Steel Ltd is among the largest private steel companies in India, with a capacity of 14.3 million tonnes per
annum (MTPA). The company is targeting a capacity of 40 MTPA in the next decade. In October 2014, JSW
announced plans to increase its steel capacity at the Bellary plant to 16 MTPA with an estimated investment
outlay of US$ 4.97 billion. In 2016-17, the total sales turnover of the company was US$ 9.40 billion and in the 3rd
quarter of 2017-18, total income of the company was US$ 2.55 billion.
SAIL is the leading steel maker in India, with consolidated income of US$ 7.80 billion in 2016-17 and the 3rd
quarter income for the year 2017-18 was US$ 2.39 billion.
Indian Iron & Steel Company (IISCO), which was a 100% subsidiary of SAIL, has been amalgamated with the
parent company.
The company has an integrated steel plant in Durgapur. In May 2015, the Government dedicated 2.5 million
tonnes IISCO steel plant(ISP) at Burnpur to the nation.
Super Forgings &
Steel Ltd (SFSL)
Incorporated in 1968, SFSL is one of the leading manufacturers of carbon and alloy constructional grades of
steel. The company was initially (in 1960) a trading unit for alloy steels.
SFSL’s product line includes tools steel, stainless steel (including corrosion resistant steel), carbon alloy and
construction steel. The company’s products find application in the defence, power generating industries,
automobiles and ancillary units, as well as railways. A multi-locational company, SFSL has three units in West
Bengal, two in Howrah and one in Bhadreshwar.
50. For updated information, please visit www.ibef.orgWEST BENGAL50
KEY INDUSTRIES – TEXTILES
West Bengal’s textile industry is centered around handlooms, power
looms, jute and silk. West Bengal is the seat of the hosiery industry
in India, with 17,900 hosiery units. The state holds a distinction for
the manufacture of four types of commercially traded silk: mulberry,
tasar, eri and muga.
Raw silk production in the state was recorded at around 2,391 MT in
2015-16. During 2016-17, the state’s production stood at 2,565
metric tonnes (P).
The State’s Textile Policy 2013-18 aims to increase the sector’s
contribution to 10% of the state GDP by 2022-23. This would provide
employment to at least 10 million people.
The positive triggers in West Bengal for the textile industry’s
development include ample production of chemicals and local dyes,
availability of power, cheap labour and presence of export facilities
due to ports and airports.
The state’s textile industry is estimated to have generated direct
employment for 1.5 million people.
During the year 2017 Mega Powerloom Cluster has been launched in
North 24 Parganas to promote powerloom sector in the state.
The Government of West Bengal proposed an allocation of US$
146.71 million for Micro, Small & Medium Enterprises & Textiles
Department, during 2018-19.
Cotton yarn production in West Bengal (‘000 tonnes)
9,588
11,849
11,009
2,589
-
2,000
4,000
6,000
8,000
10,000
12,000
2012-
13
2013-
14
2014-
15
2015-
16¹
Segment No of mills Production
Handlooms 351,000 1,056 million metres
Powerlooms 10,050 120.6 million metres
Hosiery 17,900 176 million kg
Jute 64 8,228.2
Silk N.A. 2,500 MT
Readymade
garments
21,251 490 million pieces
Textile industry 2014-15
Source: Central Silk Board, Ministry of Textiles, Government of India, Directorate of Economics & Statistics
Note: N.A. Not Available, P – Provisional, 1From April 2015-June 2015
51. For updated information, please visit www.ibef.orgWEST BENGAL51
KEY INDUSTRIES – INFORMATION TECHNOLOGY …
(1/2)
Over 550 IT and ITeS companies were operating in the state,
employing approximately 135,000 professionals in 2014-15. The
state has identified IT as a priority focus sector to be developed as a
growth engine for future.
As of December 2017, West Bengal had 7 IT/ITeS based SEZs with
formal approval. A number of towns such as Durgapur, Siliguri and
Haldia are also emerging as suitable IT destinations with appropriate
infrastructure in the form of software technology parks (STP).
West Bengal plans to raise its share in the country’s IT exports to
25% by 2030. Total export from IT sector of the state is estimated to
have crossed Rs. 15,000 crores (US$ 2.32 billion) in 2016-17.
West Bengal earlier had 8 IT parks, 12 new IT parks have been set
up in the state and except one is near Kolkata. The remaining 11 are
outside Kolkata which will help in providing employment opportunities
in smaller cities.
Also, the state government is in the process of establishing 7 new IT
parks at Haldia, Krishnanagar, Kalyani, Bantala, Taratala, Howrah
and Malda. Around 20,000 new employment opportunities are
expected to be generated with the implementation of these IT parks.
In February 2017, Government of West Bengal announced plans to
set up a single mobile platform to bring together various e-
governance services pertaining to citizens, investors and businesses,
at an estimated cost of US$1.03 million.
As per state budget 2018-19, the Government of West Bengal
allocated US$ 28.06 million for the development of the IT &
Electronics department in West Bengal.
Source: Budget Speech 2016-17, 2017-18
Some of the key players
Genpact
Cognizant Technology Solutions
HCL
Tata Consultancy Services
For the promotion of the IT sector in the state, Indian Institute of
Information Technology (IIIT) was set up in Kalyani, West Bengal.
The state government announced its plans to invest US$ 8.55 million
for upgrading and expanding the infrastructure of West Bengal State
Data Centre.
(IVRS) Interactive Voice Response System service will be launched
soon in the state. The service will let the Citizen to lodge complaints
via mobile phones to the government, and would get to know the
time frame for delivery of the requested service.
The state government is in process of setting up an innovation centre
over an area of 50,000 sq ft. The centre will contain space for start-
ups operating in areas like analytics, data science, animation and
block chain.
52. For updated information, please visit www.ibef.orgWEST BENGAL52
KEY INDUSTRIES – INFORMATION TECHNOLOGY …
(2/2)
Genpact
Cognizant Technology
Solutions (CTS)
HCL
HCL Technologies is a leading global technology and IT enterprise with revenues of US$ 3.1 billion in
2015-16. It is the largest hardware, system integration, networking solutions and distribution company
in India. HCL’s operations span 31 countries. It has delivery facilities in US, UK, Finland, Poland,
Puerto Rico, Brazil, China, Malaysia, Singapore and India.
In India, the company has offices in 170 cities and 505 service centres reaching 4,000 towns. In West
Bengal, HCL has two offices in Salt Lake City, Kolkata and one in New Town Rajarhat.
Genpact is a global remote processing operations company that provides IT-enabled services to clients
across the world.
It has an 80,000 sq ft facility in Kolkata and inaugurated the second operations centre in the city. This
0.2 million sq ft SEZ facility has the capacity to accommodate more than 3,000 employees when fully
operational.
CTS is a global e-business and application development company.
CTS services several large clients from the banking, hospitality (restaurant), healthcare, financial and
information-driven sectors of the global market.
The company has started work on the second phase of expansion at its Bantala campus, near Kolkata,
at an estimated cost of US$ 41.7 million.
Tata Consultancy
Services (TCS)
A Tata Group company, TCS is a well recognised global services provider for a wide range of IT
solutions, consulting, BPO, engineering services and IT infrastructure.
The company has offices in more than 46 countries and around 80 locations in India. It has ten offices
in Kolkata. It posted revenues of around US$ 16.6 billion in 2015-16 and US$ 17.58 billion during 2016-
17 and in the 3rd quarter of 2017-18, the revenues of the company stood at US$ 3.91 billion.
53. For updated information, please visit www.ibef.orgWEST BENGAL53
KEY INDUSTRIES – MINERAL RESOURCES … (1/2)
Raniganj is an important coal field in West Bengal. Other coal fields
in the state are located at Barjora, Birbhum and Darjeeling. As of
April 2017, the state’s total coal reserves/resources were estimated
at 31.67 billion tonnes. Eastern Coalfields Limited (ECL) has
produced 40.52 million tonnes of coal in 2016-17*. Rock phosphates
deposits are found in Beldhi, Chirugora and Kutni regions of Purulia
district. Deposits of granite and kaolinite are found in Purulia,
Bankura and Birbhum districts. Good quality pegmetallic-quartz is
available at Mirmi in Purulia district; deposits of basalt-trap rocks
used to prepare road metals are available in Birbhum district.
For the period April 2017 to October 2017, coal production in the
state stood at 13.85 million tonnes.
In April 2015, about 67 coal blocks were renewed out of 204
cancelled coal blocks. Auction of 67 coal blocks is expected to draw
a revenue of about US$ 55.63 billion for seven states. Out of the
allocated blocks, 11 blocks have been awarded in the state of West
Bengal through auction and allotment in accordance with the
provisions of Coal Mines (Special Provisions) Act, 2015 and the rules
made thereunder.
In January 2016, government announced its plans to auction eight
coal blocks for the unregulated sector, including iron, steel, cement
and capacitive power plants in the fourth round of e-auctions. Blocks
Jaganathpur A and Jaganathpur B in West Bengal are included in
this list.
Note: *upto February 2017
Source: Ministry of Coal, Government of India, News articles
Proven Indicated Inferred
Total
reserves
13,518 13,010 4,907 31,435
Coal resources in West Bengal (million tonnes)
During 2017-18 from April to October, the total value of mineral
production (excluding atomic minerals and minor minerals) from the
state stood at US$ 637.76 million.
The state government’s special purpose vehicle (SPV), Bengal
Birbhum Coalfields Ltd (BBCL) will develop India’s largest coal mine
in Birbhum district as the Government of India has allotted the rights
of Deocha-Pachami coal block to the state under the government
route.
54. For updated information, please visit www.ibef.orgWEST BENGAL54
KEY INDUSTRIES – MINERAL RESOURCES … (2/2)
Name of mineral Unit 2013-14 2014-15
Sulphur tonnes 41,901 49,659
Felspar tonnes 19,842 19,137
Fire clay tonnes 95,504 71,273
Silica sand tonnes 62,415 89,925
Kaolin tonnes 90,137 80,999
Quartzite tonnes 7,090 2,560
Quartz tonnes 35,521 37,215
Production of MCDR (Mineral Conservation and Development Rules) minerals
Source: Ministry of Coal, Government of India, News articles
55. For updated information, please visit www.ibef.orgWEST BENGAL55
KEY INDUSTRIES – AUTOMOBILE AND AUTO
COMPONENTS
The automobile industry in West Bengal is dominated by Original Equipment Manufacturers (OEMs).
The auto components industry comprises units manufacturing a range of products from simple nuts and bolts to complex items such as shafts,
radiators and axles.
Easy access to raw materials such as iron and steel is an advantage for the growth of the automotive and auto components industry in the state.
Key policy initiatives to support growth in automobile industry include allowing 100% FDI, removal of minimum capital clauses for fresh entrants,
conducting incessant modernisation of the industry & facilitate indigenous design, research & development and leveraging state’s software
technology into automotive technology, wherever relevant.
The Government of West Bengal has expressed interest in welcoming Tata Motors. The state will provide all the cooperation needed for acquiring
land.
West Bengal’s automobile market grew at a CAGR of 11.05% during 2011 to 2015. Owing to rising investments and growing demand from
exports, the automobile industry of the state is projected to grow at a CAGR of over 14.8% during 2016-2021.
In June 2017, Ashok Leyland partnered with JIS Group Educational Initiatives for starting a service Training Centre in Kolkata, for training the
personnel to get higher productivity and better retention.
In January 2017, Mahindra and Mahindra decided to setup a spare parts distribution hub in Kharagpur in West Bengal for an investment of US$
23.79 million. Production in the facility is expected to commence in September 2018.
In October 2016, Michelin launched the X Guard radial truck tyre for entering into the mass market segment of commercial vehicle tyres in the
country.
56. For updated information, please visit www.ibef.orgWEST BENGAL56
KEY INDUSTRIES – BIOTECHNOLOGY
West Bengal has many attributes that favour the development of the biotechnology industry. It has rich natural resources based on a diversity of
flora and fauna.
TCG Life Sciences is the leading biotechnology company in West Bengal. Other companies in this space include Chembiotek, DSR Genome
Technologies, Amit Biotech, Krish Biotech & Subhasree Biotech.
A wide variety of commercial crops are cultivated, which can be improved by biotechnology interventions. Examples of such interventions are
application of bio-fertilisers for soil fertility, bio-pesticides for environment friendly integrated pest management, genetic modification to produce
golden rice, tissue culture for horticulture, floriculture and medicinal plants.
Research institutes such as Bose Institute, Indian Institute of Chemical Biology, Indian Association for the Cultivation of Science, National Institute
of Cholera and Enteric Diseases, Jadavpur University, All India Institute of Hygiene and Public Health, Calcutta School of Tropical Medicine and
Indian Institute of Technology, Kharaghpur are engaged in high quality research in various areas of biotechnology.
There are three biotechnology parks in the state: Jagadish Chandra Bose Biotechnology Park (Madhyamgram), EKTA Incubation Centre (Kolkata)
and Kolkata Biotech Park (Kolkata).
57. For updated information, please visit www.ibef.orgWEST BENGAL57
KEY INDUSTRIES – FISHERY
The state has a long coastline (over 150 km) & innumerable water
bodies, reflecting the huge potential for inland fishing & fish
cultivation.
During 2018-19, allocation of US$ 63.99 million has been made by
the state government for the development of Fisheries Department in
the state.
In March 2017, the state fisheries secured an order worth US$133.87
million, to export fishes to China, Japan & Dubai. The fisheries
department is setting up processing units with modern facilities at
Henry Island in South 24-Parganas & Nalban in Salt Lake. The fishes
will then be packed in these units & then exported to the countries.
The state government plans to introduce a new method of deep sea
pisciculture or cage culture. Under this process, fishes are cultured
inside floating cages in the middle of the sea. The process will help in
bringing down the burden on the lakes and inland hatcheries.
Construction of two Ice plants at Namkhana and Siliguri and one cold
storage at Kakdwip have been taken up.
To encourage big fish production, 115 units in different Cooperative
Societies have been selected for culture with an estimated fund of
Rs. 9.97 crore (US$ 1.54 million) during 2017-18.
Source: Department of Animal Husbandry, Dairying & Fisheries, Ministry of Agriculture, Government of India, Assocham, News articles
West Bengal’s fish production (in ’000 tonnes)
1,490
1,581
1,617
1,632
1,702
1,350
1,400
1,450
1,500
1,550
1,600
1,650
1,700
1,750
2012-13
2013-14
2014-15
2015-16
2016-17
58. For updated information, please visit www.ibef.orgWEST BENGAL58
KEY INDUSTRIES – AGRICULTURE AND
HORTICULTURE
Source: National Horticulture Board Government of India, News articles
West Bengal has 6 agro-climatic zones & offers a diverse variety of environments for agriculture & horticulture production. Production of fruits &
vegetables in the state in 2016-17, stood at 3.7 million tonnes of fruits and around 25.5 million tonnes of vegetables, respectively.
Floriculture is an emerging industry in West Bengal with high prospects. In 2016-17, total production of flowers (loose) in the state stood at 71,190
MT. Total production of cut flowers, during the same period, stood at 201,570 MT.
In 2016-17, in the state of West Bengal, gross area of 26,040 hectares was under flower production.
West Bengal was one of the leading states in horticulture with total horticulture crop production of 30.15 million tonnes in 2016-17.
There is good potential for exporting flowers like gladiolus, gerbera, tuberose & rose to Holland, Middle East, the UK & Japan.
Indoor plants & foliages such as asparagus, palms, cycads and ferns are also grown in the state.
As per the state budget 2018-19, the Government of West Bengal allocated US$ 427.32 million to the agriculture sector, whereas US$ 28.30
million has been allocated to food processing industries and Horticulture Department, during 2018-19.
As of March 2017, the state government is planning to incur an expenditure of US$96.68 million to conserve water resources such as rivers,
developing parks & vast green spaces, on installing LED lights, safe transport system, etc., to increase the green cover under the Green City
Mission 2017.
Under the mega project named as Horticulture Development in Paschimanchal Districts, the state government has decided to utilize the unused
land for fruit farming in five districts, namely, Purulia, Bankura, Birbhum, West Burdwan and Paschim Mednipur. In the first phase, the project is to
cover an area of 810 hectares in the Bankura district.
Note: 1as per first advanced estimates
59. For updated information, please visit www.ibef.orgWEST BENGAL59
KEY INDUSTRIES – LIVESTOCK AND DAIRY
PRODUCTS
The state has a favourable climate for poultry breeding and is
considered as one of the most attractive poultry markets in India. It
has enormous export potential in poultry and duck meat. West
Bengal’s indigenous cattle population is quite good.
The state’s milk production increased at a CAGR of 2.67% during
FY07-17 to reach 5.18 million tonnes in 2016-17. West Bengal
accounted for 3.17% of India’s total milk production during 2016-17.
With a production of 252 thousand tonnes in the rainy season, the
state was one of the leading producers of meat in the country in
2016-17. Egg production in rainy season in the state of West Bengal
stood at 2.14 billion units in 2016-17.
In May 2017, Amul announced that it will setup a US$ 37.18 million
milk processing plant in the state.
West Bengal’s milk production (in ’000 tonnes)
3,983
4,087
4,176
4,300
4,471
4,671
4,859
4,906
4,961
5,038
5,183
-
1,000
2,000
3,000
4,000
5,000
6,000
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
CAGR 2.67%
Source: National Dairy Development Board, Ministry of Agriculture, Government of India,
60. For updated information, please visit www.ibef.orgWEST BENGAL60
KEY INDUSTRIES – TOURISM
West Bengal’s diversity in flora and fauna makes it an attractive
destination for tourism.
The state has good infrastructure for encouraging tourists. Netaji
Subhas Chandra Bose Airport in Kolkata is an international airport.
Tourist destinations are accessible due to a wide network of national
and state highways. Howrah, Sealdah & New Jalpaiguri are major
railway hubs.
During 2016, the total number of domestic tourist that visited West
Bengal stood at 74.5 million (which is equivalent to 4.51% of the
overall domestic tourists that visited India). While, the total number of
foreign visitors that visited the state during the same period stood at
1.53 million (equivalent to 6.19% of the overall foreign tourists that
visited India).
The government plans to start paragliding in major tourist spots such
as Digha and Sunderbans to attract foreign tourists.
The state Government has identified 11 potential tourist sites in the
state where it will develop tourism infrastructure on PPP mode.
Under Smart City Program, the state Government has announced to
build 7 smart cities in West Bengal. 6 of them have been identified.
The locations that have been identified are near Garia, Siliguri
(Malda district), Asansol-Durgapur, Bolpur (Birbhum district), Kalyani
(Nadia district) & Nabanna.
The state government is taking various new initiatives such as setting
up ATMs, water facilities, toy train, ropeway, etc. to boost tourism in
Digha. The cost of the project is estimated at US$ 7.44 million, and
would be executed by Digha Sankarpur Development Authority.
Under the Swadesh Darshan Scheme, US$ 13.04 million was
sanctioned by the Government of India during 2015-16, for the
implementation of Coastal Circuit Theme in the state.
As per state budget 2018-19, Government of West Bengal allocated
US$ 57.18 million for the development of tourism sector in the state.
West Bengal’s tourist inflows (in millions)
14.5
16.5
19.7
20.4
21.7
22.3
23.5
23.9
26.7
50.4
71.7
76.0
0
10
20
30
40
50
60
70
80
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
CAGR 16.26%
Source: Ministry of Tourism, Government of India
61. For updated information, please visit www.ibef.orgWEST BENGAL61
SINGLE-WINDOW APPROVAL MECHANISM
‘Shilpa Bandhu’ or the State Investment Facilitation Centre (SIFC) is the state-level nodal agency for single-window clearances in West Bengal.
The purpose of ‘Shilpa Bandhu’ is to provide guidance and information to investors about policies and programmes of the state. The agency is
monitored by an empowered committee.
SIFC offers assistance in the following areas:
• Approvals from the Secretariat for Industrial Assistance and Foreign Investment Promotional Board.
• Registration by Directorate of Industries.
• Clearance from the Pollution Control Board.
• All clearances related to power.
• Identification, allotment, mutation/conversion of land and other infrastructural facilities.
• Guidance to entrepreneurs on investment prospects in over 200 ready projects developed by WBIDC.
District Industry Centre (DIC) is the district-level committee for single-window clearance that provides sanctions and clearances for setting up
small scale industrial units in the state.
The committee is convened by the General Manager, District Industries Centre and includes the Environmental Engineer of the West Bengal
Pollution Control Board, Superintendent Engineer/Executive Engineer of West Bengal State Electricity Board, District Officer of Housing and
Urban Development Authority and the Assistant Director of Factories.
62. For updated information, please visit www.ibef.orgWEST BENGAL62
KEY INVESTMENT PROMOTION OFFICES
Agency Description
West Bengal Industrial Development
Corporation Limited (WBIDC)
WBIDC focuses on financing medium and large scale industries.
It provides assistance service and facilitates investment proposal through “Shilpa Bandhu”.
It promotes joint sector and assisted sector units in important industry segments.
West Bengal Industrial Infrastructure
Development Corporation
(WBIIDC)
WBIIDC is responsible for balanced and well-planned industrial development in the state.
West Bengal Small Industries
Development Corporation Ltd
(WBSIDC)
Set up in 1961, WBSIDC is the promotional agency for growth and development of industries and
commercial activities in the small and medium sector in the state.
WBSIDC has developed 38 industrial and commercial estates all over the state.
West Bengal Electronics Industry
Development Corporation Limited
(WEBEL)
WEBEL is responsible for development of the electronics and IT/ITeS industries in the state.
It assists investors in obtaining all necessary approvals for new projects and facilitates setting up of IT
and electronics industry.
West Bengal Finance Corporation
(WBFC)
WBFC is a state level financial institution to help the small, medium and tiny sector enterprises to
implement their new/expansion/modernisation or technological upgradation schemes.
63. For updated information, please visit www.ibef.orgWEST BENGAL63
CONTACT LIST
Agency Description
West Bengal Industrial Development Corporation Limited(WBIDC)
"Protiti", 23, Abanindranath Tagore Sarani, (Camac Street)
Kolkata - 700017,
Phone: 91 33 2255 3700 - 705
Fax: 91-33-2255 3737
Email: wbidc@wbidc.com
Website: http://www.wbidc.com/
West Bengal Industrial Infrastructure Development Corporation (WBIIDC)
5-Council House Street, Third floor, Kolkata – 700011
Phone: 22305804-08
Email: tridibB@wbiidc.org
West Bengal Small Industries Development Corporation Limited (WBSIDC)
Shilpa Bhawan, 31 Black Burn Lane, Kolkata-700 012,
Phone: 91-033-2237 3895
Email: md@wbsidcl.com
West Bengal Electronics Industry Development Corporation Limited (WEBEL)
Webel Bhavan, Block-EP & GP, Sector-V, Salt Lake
Kolkata-700 091
Phone: 91- 33- 2357 1704/06
Fax: 91-33-2357 1708 /2357 1739
Email: contact@webel-india.com
West Bengal Finance Corporation (WBFC)
12A, Netaji Subhas Road, 3rd and 4th floor,
Kolkata-700 001
Phone: 91-33-2230 0055/3259/4954/3083
Fax: 91-33-2230 1250, 2230 3259
E-mail: administraton@wbfconline.org
Website: www.wbfconline.org
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KEY APPROVALS REQUIRED
List of approvals and clearances required Department
Incorporation of company Registrar of Companies
Registration, Industrial Entrepreneurs Memorandum (IEM),
industrial licenses Department of Industries, West Bengal State Government
Permission for land use
Allotment of land
West Bengal Industrial Development Corporation (WBIDC), West Bengal Industrial
Infrastructure Development Corporation, West Bengal Small Scale Industries
Development Corporation
Site environmental approval
West Bengal Pollution Control Board (WBPCB)No-Objection Certificate and consent under Water and
Pollution Control Act
Registration under States Sales Tax Act and Central and
State Excise Act Excise Department, Government of West Bengal
Commercial taxes
Sanction of power
West Bengal State Electricity Distribution Company Limited (WBSEDCL), Kolkata
Electric Supply Corporation, Damodar Valley Corporation, Durgapur Projects
Limited, Dishegarh Power Supply Company Limited, according to area demarcated
Power feasibility
Power connection
Approval for construction activity and building plan
Public Works Department, Government of West Bengal, State Water Investigation
Department, Public Health Engineering Department, Government of West Bengal
Water and sewerage clearance
Water connection
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COST OF DOING BUSINESS IN WEST BENGAL
Cost parameter Cost estimate Source
Cost of land (per sq ft) US$ 4 to US$ 100 Industry sources
Hotel room cost (per night) 2015-16 US$ 80 Indian hotel survey
Office space (rent per sq ft per month) US$ 1.0 to US$ 3.0 Industry sources
Residential space (rent per sq ft per
month)
US$ 0.3 to US$ 1.2 Industry sources
Labour cost (minimum wages per day) US$ 2.5 to US$ 4.4
Ministry of Labour and Employment,
Government of India
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STATE ACTS & POLICIES … (1/2)
West Bengal Start Up
Policy, 2016-21
The policy was drafted aiming to brace up the culture of start-ups in West Bengal by acknowledging various
auspicious start-ups and promoting them socially.
To boost the establishment of various business incubators in association with the private sector across the state.
To create a sustainable ecosystem in the MSME sector, which can maximise the utilisation of resources and widen
the area of operation to make the state emerge as the MSME leader in the country in the next ten years.
Micro, Small and Medium
Enterprises Policy 2013
Objectives
To eliminate systemic bottlenecks in the process of Industrialisation in the state.
To improve the ease of doing business.
Investment Industrial
Policy West Bengal 2013
West Bengal Policy on
Information &
Communication
Technology 2012
To become one of the leading states in India in the IT & ITeS and Electronic System Design and Manufacturing
(ESDM) sectors and to enable West Bengal to transform into a knowledge-driven welfare society with extensive
use of IT & ITeS in governance and in the daily lives of the people of the state.
To promote IT/ITeS projects of large, medium, small, and micro units to be set up in the state.
West Bengal ICT
Incentive Scheme 2012
To bring in related industries and services of this growth industry, geared to revenue streams and payback, and
appropriate business model.
To map, conserve and sustainably use bio-resources, particularly those which are unique to the state.
West Bengal
Biotechnology Policy
2013
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STATE ACTS & POLICIES … (2/2)
West Bengal Tourism
Policy 2008
To improve the market share of West Bengal in the inbound international tourism segment and also to have a
dominant share in the domestic tourism market.
To promote responsible and sustainable tourism through the integrated development of infrastructure and not
sporadic, stand alone and fragmented development.
Objectives
To facilitate the development, operation, maintenance, management, administration and regulation of special
economic zones in the state.
Special Economic Zone
Act (SEZ) 2003
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EXCHANGE RATES
Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)
Year INR INR Equivalent of one US$
2004–05 44.81
2005–06 44.14
2006–07 45.14
2007–08 40.27
2008–09 46.14
2009–10 47.42
2010–11 45.62
2011–12 46.88
2012–13 54.31
2013–14 60.28
2014-15 61.06
2015-16 65.46
2016-17 67.09
Q1 2017-18 64.46
Q2 2017-18 64.29
Q3 2017-18 64.74
Year INR Equivalent of one US$
2005 43.98
2006 45.18
2007 41.34
2008 43.62
2009 48.42
2010 45.72
2011 46.85
2012 53.46
2013 58.44
2014 61.03
2015 64.15
2016 67.21
2017 65.12
Source: Reserve bank of India, Average for the year
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