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COME TO BENGAL RIDE THE GROWTH.
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Growth Rate
is Amongst The Highest in The Country
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Attracts
2nd*
largest investment inflows
US $116.68 billion*
Gross State Domestic Product [GSDP]
of West Bengal in 2013-14
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Why Invest in Bengal
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. Hinterland consisting of mineral rich states
of Bihar, Jharkhand, Odisha.
Facts and Figures
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Did You Know ?
West Bengal has the Sixth largest
economy (2012–2013) in India with an GSDP of $57.2 billion behind Maharashtra ($137
billion), Tamil Nadu ($73.4 billion), Uttar Pradesh ($72.7 billion), Andhra Pradesh
($70 billion), and Gujarat ($69.5 billion)*
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Did You Know ?
At current prices, the gross state domestic product (GSDP) of West Bengal is estimated
at US$ 114.6 billion in 2012-13. Over 2012-13, outstanding investments in West Bengal
totaled US$ 126.2 billion.*
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Did You Know ?
At current prices, the gross state domestic product (GSDP) of West Bengal is estimated
at US$ 138.158 billion in 2013-14 and the gross domestic product (GDP) of West Bengal is estimated
at US$ 138.227 billion in 2013-14.*
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Did You Know ?
The leather industry has a very high potential for growth due to easy availability
of raw materials like hides and skins. Availability of skilled manpower for such
activities has been the strength of this area.*
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Did You Know ?
Darjeeling and Jalpaiguri are two northern districts of West Bengal, where most
of the tea gardens are located. Darjeeling tea is the finest tea in the world. Kolkata
port is the biggest tea-handling port in India as well as Kolkata is the biggest
tea auction market in India.*
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Source :
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Bureau of Appplied Economics and Statistics, Department of Statistics and Programme Implementation, Govt. of West Bengal and Press Note on 9th Feb., 2015, CSO, Govt. of India.
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Note :
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Here the Growth of GVA at Factor Cost, West Bengal converted Base 2004-05 to 2011-12, taken as New Base Year (2011-12) Estimation.
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West Bengal
Quick Facts
Location
Advantage
Its locational 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 Southeast Asia. The cost of operating
a business is lower in Kolkata than in other metropolitan cities.
6th Largest
Economy*
West Bengal, India’s sixth largest
economy, had a gross state domestic product (GSDP) of US$ 114.6 billion in 2012-13.
The state’s GSDP expanded at a CAGR of 14.6 per cent during 2005-13.
Top Notch
Institutes*
There are 22 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.
Top IT And
ITeS Companies
Over 500 IT and ITeS companies
operate in the state, employing more than 120,000 professionals.The state government
has started work on the 13 proposed IT parks,The IT parks will be located mostly
in tier-II cities like Asansol, Kharagpur, Malda, Haldia, Durgapur, Kalyani, Rajarhat,
Siliguri. The work for the IT park at Durgapur is in advanced stages.
Rich In Natural
Resources And Minerals*
West Bengal has abundant natural
resources of minerals and suitable agro-climatic conditions for agriculture, horticulture
and fisheries. It is in vicinity to mineral rich states like Jharkhand, Bihar and
Odisha. The contribution of the textile industry to the state’s GSDP is targeted
to rise to 10.0 per cent by 2022-23 from 5.2 per cent in 2009-10.
>
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.
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Opportunities in West Bengal
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