1. West Bengal
India’s Premiere Investment Destination

2. West Bengal Strategically Placed Gateway to South-East Asia
Hinterland comprises all of Eastern and North-Eastern India
2nd largest Centre of Trade
Oldest Centre of industry
Traditional leader in knowledge
Cultural Capital of India

3. West Bengal …backed by Planned progression in policy focus:
from agriculture and land reforms (’70s-’80s) to growth led by industry & services
New Industrial Policy 1994
Sector-specific policies on
Agri-Business and Food Processing IT
Biotech
Infrastructure
Chemicals And Petrochemicals (Under
Preparation)
... along with a new pro-active labour policy

4. West Bengal Economic Growth
3rd highest growth rate amongst Indian states
Strong rural economy
Lower income disparities
Rise in disposable income leading a resurgence in the industrial sector

5. West Bengal Consistent Economic Growth
State Domestic Product: USD 145 Bn (05-06) CAGR % (94-05)
Strong fundamentals
Vibrant Services Sector (61 % of NSDP) driven by - IT / ITES - Real estate/construction - Retail - Trading & - Hospitality

6. West Bengal … based on a strong agrarian sector
23% of NSDP from agriculture
Highest agricultural growth rate in India – average of 4.5% over the last 10 years
Model of ‘intensive agriculture’ – high productivity on small land holdings
Leader in several products despite small land area (3% of India’s total)
High production in inland fisheries and marine products
West Bengal

7. West Bengal Bullish Investment Trends
Consistent level of investment in
manufacturing of over $450 mn. in each of
the last 5 years
A total investment of US $493 mn. in 2004
with 196 projects and an investment of US
$553 mn. in 2005 with 227 projects.
Excludes investment in infrastructure,
mining, electricity, small scale industry and
services
Key contributors: Chemicals &
Petrochemicals, Metals especially Iron &
Steel, Textile, Food Processing
West Bengal

8. West Bengal In forefront of Connectivity
Two domestic airports – Kolkata and Bagdogra; International airport at Kolkata
New international airport proposed near
Kolkata
Over 57,600 Km of roads including 13 National Highways
Kolkata & Haldia ports handle ,000+ tons of cargo traffic ( ) nd highest in India
Work on Dedicated Rail Freight Corridor
between Delhi and Kolkata started with
Japanese assistance
Feasibility study of a deep water port near
Kolkata started
West Bengal

9. West Bengal Super Power NASSCOM – Gartner ranks West Bengal’s
Power Infrastructure the best in the country.
Power surplus state with 7616 MW
installed capacity (supplying 100 MW
‘off-peak-power’ to its neighbouring states)
with another 2400 MW under implementation.
Lowest cost in India - $0.06 per unit for
industrial use.

10. West Bengal Highly Qualified Human Capital
Premier Indian state in manpower resource
16 Universities, Engineering Colleges Degree Colleges
Every year … ,000 enrollments in Universities more than ,000 graduate engineers
International level Institutions - Indian
Institute of Technology (IIT) and Indian
Institute of Management (IIM)
Other Premier institutions: Indian Statistical Institute, Jadavpur University, Presidency College, St. Xavier’s College
West Bengal

11. West Bengal Quality of Life Calcutta – The lowest price index and
... the best quality of life among Indian metros
Good social infrastructure, from health and education to recreation and retail
Safety and security – the lowest crime rate among major
states in India

12. Business Opportunities
IT & IT Enabled Services
West Bengal
Business Opportunities
Leveraging - rich talent pool
- low-cost infrastructure
- world-class connectivity
Low costs (real estate, employee salaries)
60% of Mumbai & Bangalore
Rated
2nd most attractive IT / ITeS destination in India
Source: Hewitt Associates Study, 2004

13. Business Opportunities
IT & IT Enabled Services
235 companies, 31,000 IT professionals operate
from Salt Lake, Calcutta
Export turnover of US $563mn during ‘04-’05
Fresh Investments - over US $178 mn(‘02-’04)
IT Services: IBM, Cognizant Technologies,
PWC, TCS, Wipro
IT enabled Services / BPO: Wipro BPO,
GE Capital, HSBC
Videocon Group have announced two projects
in Kolkata - a US $176 mn. IT Park in Salt
Lake City and a US $22 mn. LCD Television Set
manufacturing unit at Taratalla, about 7 kms
from the Central Business District (CBD).
West Bengal
Business Opportunities

14. Business Opportunities
Food Processing
1st in rice production in the country
2nd in potato production
3rd in flower production
Grows 145 different varieties of medicinal
plants & herbs
Substantial producer of spices, coconut,
cashew nut, betel vine & oil seeds
Accounts for 10% of the country’s total edible oil production
6 Agri Export zones across the State
40 hectares Food Park commissioned at Sankrail, Howrah – only 25 kms from Kolkata
Several new Food processing Parks are on the
anvil
West Bengal
Business Opportunities

15. Business Opportunities
Chemicals & Petrochemicals
West Bengal
Business Opportunities
Investments of over US $ 2.04 bn in the
last five years – highest amongst all sectors
Key advantages include ready availability of
petrochemicals, availability of ready market for
end products and export facilities through Haldia
port
Opportunities for SBR, PBR,
Styrene,Polystyrene, Aromatics and
Polyolefin downstream projects
Opportunities for condensate refinery

16. Business Opportunities
Petroleum, Chemical & Petrochemicals Investment Region (PCP IR)
West Bengal
Business Opportunities
Haldia to be developed as a Petroleum,
Chemical & Petrochemicals Investment
Region to be set up in 25,000 hectares
Site identification (Completed)
Land acquisition of 10,000 hectares – In
Progress
Indian Oil Corporation is the anchor investor
Two new Special Economic Zones in the
PCPIR being set up by a consortium led by
Salim group of Indonesia
Several International Companies are
expected to invest
World class infrastructure with Government
of India support

17. Business Opportunities
Iron & Steel
West Bengal
Business Opportunities
– 234 new industries,
US $1.84 bn invested in this sector –
2nd highest amongst all sectors
75 projects worth over US $ 990 mn in the pipeline
Two new Mega Steel Projects by Jindal group of 5
MT and Bhoosan group (2 MT) coming up in the
state
Product range : Steel ingots, Ferro-alloys, Sponge iron,
Pig iron, Billets,Forgings, Bars, Plates…

18. Business Opportunities
Iron & Steel
Driven by
West Bengal
Business Opportunities
Boom in demand – internal demand
driven by infrastructure growth,
international demand led by China
Policy environment – repeal of the freight
equalization policy, allowing West Bengal
to leverage its locational strengths.
Proximity to raw materials and power sources
Opportunities for value added
products, engineering goods, machine &
tools, forging, automobile components…

19. Business Opportunities
Automobiles and Two-wheelers
West Bengal
Business Opportunities
Tata Motors Limited is setting up their
Small Car project at Singur in Hooghly District.
The car project is of US $ 220 mn spread over 405
Hectares of land.
Telcon, a A joint venture of Hitachi and Tata
Motors setting up a US $55 mn. earth- moving
equipment plant at Kharagpur
A truck manufacturing plant by Indian venture of Ural
of Russia set up at Haldia
A Transport Equipment plant being set up by Gorica
of Slovenia
First mover advantage for auto component
manufacturers and ancillary units

20. Business Opportunities
Automobiles and Two-wheelers
West Bengal
Business Opportunities
Boost in demand for automobiles thanks to growing spending power
Phenomenal growth in 2-wheeler sales in
the East-1.22 mn. units sold in ‘02 and 1.68 mn.
in ’03
Mahabharat Motorcycles Limited of Indonesia
is setting up a 2 wheeler - manufacturing unit at
Uluberia, Howrah
Global Automobiles Pvt. Limited,
a joint venture company between
Xinitis Group and Guangzhou of China is also
coming up with a 2-wheeler unit in Hooghly
District.

21. Business Opportunities
Automobiles and Two-wheelers
West Bengal
Business Opportunities
Ready land available in Kharagpur –
near the Indian Institute of Technology,
2 hrs. by train from Kolkata,
connected by 4-lane highway,
assured power and water
Close proximity to a major port,major steel centres,
and ready availability of skilled manpower
Land also available at Haldia and Durgapur
Opportunities for automobile and auto component
manufacturing and ancillaries

22. Business Opportunities
Leather, Gems & Jewellery
West Bengal
Business Opportunities
Availability of best quality ‘blue’ goatskin and
skilled craftsmen; Exports of US $ 660 mn of
leather products, gems & jewellery, natural silk
yarn / fabrics during ‘04-05;
Leather Park including leather SEZ set up in
public private partnership (PPP)
SEZ for gems & jewellery set up in Kolkata and exports operational. Annual Export of
$ 200 Million from the SEZ

23. Business Opportunities
Toys
West Bengal
Business Opportunities
Toys – a globally growing business has an estimated annual turnover of US$ 71 billion.
Estimated present demand of toys in India is US$ 91 million
Light Industries Park provides exclusive space for Toy units

24. West Bengal On Offer Incentives Galore
Subsidies on capital investment and
interest payments
Waiver of stamp duty, registration fees and
electricity duty
Employment generation incentives
Subsidy on electricity for power intensive sectors
Industrial Promotion Assistance for Mega Projects
Incentives on Technology and
quality upgradation initiatives
Customized Incentive Package for Mega
Investment projects
West Bengal
Incentives Galore

25. West Bengal offers Favourable location Good quality of life
Cost Advantage
Favourable policy environment
Safety and security
Political Stability
Welcoming Government

26. ARIGATO
GOZAIMASU