west bengal positioning bengal
TRANSCRIPT
-
8/9/2019 West Bengal Positioning Bengal
1/60
The Associated Chambers of Commerce and Industry of IndiaASSOCHAM Corporate Office:
1, Community Centre, Zamrudpur, Kailash Colony, New Delhi 110048
Tel: 011 46550555 (Hunting Line) Fax: 011 46536481/82, 46536498
Email: [email protected] Website: www.assocham.org
WEST BENGALUnfolding Growth Strategy
-
8/9/2019 West Bengal Positioning Bengal
2/60
-
8/9/2019 West Bengal Positioning Bengal
3/60
-
8/9/2019 West Bengal Positioning Bengal
4/60
-
8/9/2019 West Bengal Positioning Bengal
5/60
-
8/9/2019 West Bengal Positioning Bengal
6/60
-
8/9/2019 West Bengal Positioning Bengal
7/60
-
8/9/2019 West Bengal Positioning Bengal
8/60
-
8/9/2019 West Bengal Positioning Bengal
9/60
-
8/9/2019 West Bengal Positioning Bengal
10/60
-
8/9/2019 West Bengal Positioning Bengal
11/60
-
8/9/2019 West Bengal Positioning Bengal
12/60
-
8/9/2019 West Bengal Positioning Bengal
13/60
ASSOCHAM Corporate Offi ce: 1, Community Cent re Zamrudpur, Kailash Colony, New Delh i - 110 048
Tel: 46550555 (Hunting Line) Fax: 46536481-82, 46536497-98 E-mail: [email protected] Website: www.assocham.org
THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA
D. S. RAWATSecretary General, ASSOCHAM
MESSAGE
I am happy to know that the Associated Chambers of Commerce and Industry of India (ASSOCHAM)
is organizing a seminar on Positioning Bengal-Partnering for Growth, Development and
Sustainable Securityon 22nd August, 2012 in Kolkata
West Bengal as we all know is a progressive state and is considered an investment hub. Globalization
of market and a dynamic economy have given tremendous thrust to the over all growth of the
State.
West Bengal has been blessed with large skilled, educated, young workforce. Besides, the state
has investor friendly policy environment which facilitate huge scope for the investment.
To give a brief overview of the areas of potential investment in West Bengal, ASSOCHAM
and Frost & Sullivan have prepared a study which carries a long term vision for growth and
development in the state. I am sure this study will give rich insight and adequate knowledge to all
the stakeholders.
I congratulate my colleague Mr. U.K. Joshi, Director and his team for this commendable
initiative.
I would also like to extend my compliments to our Knowledge Partner Frost & Sullivan,
ITC Limited, State Bank of India, SREI Group and Mani Group for their kind support at the
Seminar.
I wish the seminar a great success.
D.S. Rawat
-
8/9/2019 West Bengal Positioning Bengal
14/60
-
8/9/2019 West Bengal Positioning Bengal
15/60
State Profie West Bega............................................................................................. 1
Population and Demographics, West Bengal, 2011 ..........................................................................1
Macroeconomic View ...................... ......................... .......................... ......................... ....................2
Situatio of Ifrastructure ............................................................................................... 4
Soft Infrastructure ............................................................................................................................4
Medical Infrastructure ......................................................................................................................5
Physical Infrastructure......................................................................................................................6
Roads .......................................................................................................................................6
Railways ...................................................................................................................................8
Airways ........................ ......................... ......................... .......................... ......................... .......8
Inland Waterways .....................................................................................................................9 Ports .........................................................................................................................................9
Power .......................................................................................................................................9
Communication ......................... ......................... .......................... ......................... .................10
Industrial Infrastructure ..................................................................................................................11
Growth Centers ......................... ......................... .......................... ......................... .................11
Special Economic Zones ......................... ......................... .......................... ......................... ....11
Industrial Parks .......................................................................................................................12
Intelligent Parks ......................................................................................................................13
Major Industrial Areas ......................... ......................... ......................... .......................... ........16
Idustria Poicy Eviromet........................................................................................ 18
FDI Inflows in Brand Bengal" .......................................................................................................19
Export Snapshot Of "Brand" Bengal ..............................................................................................19
Major State Industrial Policies, West Bengal, 2012.........................................................................19
Summary of the Key Industrial Policies, West Bengal: Recent Scenario.........................................20
Key Idustries ad Key Payers ...................................................................................... 22
The Spectacuar Tourism Idustry: High Potetia, Higher Hopes................................... 26
Key Agecies ad their resposibiities......................................................................... 27
Sustaiabe Security ..................................................................................................... 28
Key Chaeges for West Begas growth ad deveopmet............................................ 30
Recommedatios for Sustaiig/Achievig Faster Growth............................................ 31
Conclusion ....................... ......................... ......................... ......................... .......................... ........33
An Article "West Bega -The Growth Engine of Eastern India" U.K. Joshi, Director, ASSOCHAM..................34
TABlE oF ConTEnTS
-
8/9/2019 West Bengal Positioning Bengal
16/60
-
8/9/2019 West Bengal Positioning Bengal
17/60
1
West Bengal Unfolding Growth Strategy
State Prfie West Bega
West Bengal (WB), also known as Paschim Banga, is situatedin the Eastern part of India. WB is bordered on the southby the Bay Of Bengal and in the north by the Himalayas. Kolkata
is the states biggest city and also the capital. West Bengals total
area is34,267.3 sq miles or 88,752 km2.It has two huge natural
zones,in the north there is the sub-Himalayan and Himalayan
region and the GangeticPlain is in the south.The main occupation
of the residents of the state is farming. West Bengal ranks asthe sixth highest contributor to Indias Gross Domestic Product
(GDP).With the highest population density and a high per capita
income of about $848 in East India, West Bengal is the fourth
largest growing state in terms of the economic growth rate. WB
holds the distinction of being the fourth largest economy in India,it trails Maharashtra, Uttar Pradesh
and Andhra Pradesh.In this report, we analyse the rare combination of growth, rapid economic
development and sustainable security in WB.With a constant progress towards betterment, WB
is strengthening its economic, social and infrastructural positionand is emerging as an investors
paradise, as, Brand Bengal.
Population and Demographics,West Bengal, 2011
According to the 2011 national census provisional results, West Bengal ranks as the fourth most
populous Indian state with 7.5 percent of the total national population.WB ranks as the second-
most densely populated state after Bihar. The child population decadal growth rate decreased to
13.93percentin between 2001 and 2011 from 17.80 percent between 1991 and 2001.
-
8/9/2019 West Bengal Positioning Bengal
18/60
West Bengal Unfolding Growth Strategy
2
Macroeconomic View
GSDP, Selected States, 2007-2012
In terms of Gross State Domestic Product (GSDP), West Bengal ranks sixth in India, behind
Maharashtra, Uttar Pradesh,Andhra Pradesh, Tamil Nadu and Gujarat.WB ranks second after
Bihar in terms of percentage growth of GSDP for 2011-12 and is well above the national
percentage of 15.68.
Chart 1: Tota Gross State Domestic Product (GSDP) at Curret prices ad Growth
Rate, West Bengal, 2007-08 to 2011-12
-
8/9/2019 West Bengal Positioning Bengal
19/60
3
West Bengal Unfolding Growth Strategy
Sectoral Composition of the Economy
In 2009-10 the tertiary sector of the economy (service industries) was the largest contributor to
the GSDP at current prices, contributing 57.8percent. The primary sector comprising agriculture,
forestry and mining contributed 24.0 percentfollowed by 18.2percent from secondary sector
(industrial). The fastest growing among the three sectors from 200405 to 200910 is the tertiary
sector at 15.2percent. Growth has been driven by trade, hotels, real estate, finance, insurance,
transport and communication.
-
8/9/2019 West Bengal Positioning Bengal
20/60
West Bengal Unfolding Growth Strategy
4
Situation of Infrastructure
Better infrastructure always attracts bigger investment. Keeping this major factor in mind, theGovernment of West Bengal (GoWB) has laid great emphasis on strengthening the existinginfrastructure and building new infrastructure to encourage more investments. Domestic as well
as international investors are paying more attention to the relatively developed physical and
social infrastructure framework, which the state is offering them.Public-Private Partnerships are
recognized and encouraged by the GoWB for maintainance, development and upgradation of
infrastructural facilities. The state has invited Larsen & Toubro to set up a 700-800 MW thermal
power plant in the West Midnapore district, which happens to be an Ultra affected area. Thecompany, too, has expressed interest in erecting the same and running itshortly.
Four major dimesios of ifrastructure i West Bega
Soft Infrastructure
West Bengal has strong socio-economic indicators reflective of a state focussing on human
development. It performs better than the Indian average on most indicators. The state has
continually invested in health and education.
Sectors Budget Aocatio i 2012 (InR Crore)
Health Sector 1,049 in 2012 (increased from 2011s 871)
Agriculture sector 315
-
8/9/2019 West Bengal Positioning Bengal
21/60
5
West Bengal Unfolding Growth Strategy
Drinking water 800
Minorities welfare 570 (increased from 2011s 330)
School Education 2,713
Allocation to power (including non-
conventional sources)
1,010
Road sectors 1,175.42
Outlay towards industry 500
IT sector 102.75
Micro Small and Medium Enterprises sector 286
Source: Planning Commission and Frost & Sullivan Analysis
Key Socio-Economic Indicators, West Bengal and India, 2009-2011
Indicator Year West Bengal IndiaUpcoming Trendin
West Bengal
Literacy Rate (%) 2011 77.08 74.04 Increase
Sex Ratio (Females per
1000 males)2011 947 940 Increase
Crude Birth Rate(%) 2010 16.8 22.1 Decrease
Crude Death Rate(%) 2010 6.0 7.2 Decrease
Infant Mortality
Rate(%)2010 31 47 Decrease
Total Fertility Rate(%) 2010 1.8 2.5 Decrease
Population below
poverty line (%)2009-2010 26.7 29.8 Decrease
Source: Planning Commission and Frost & Sullivan Analysis
Medical Infrastructure
The urban healthcare scenario in West Bengal has been improved with the formation of
community-based primary healthcare services. Budding health workers have completed their
training through 62 urban local bodies.The first health city project in West Bengal, Bardhaman
health city, is being set up near the Durgapur Expressway, at an estimated cost of INR 315
crore. This upcoming health city will have numerous facilities like medical colleges, blood banks,
ambulance, medicine shops and others.
-
8/9/2019 West Bengal Positioning Bengal
22/60
West Bengal Unfolding Growth Strategy
6
Heath Ifrastructure as of 2010-2011
Physical Infrastructure
The rest of India is excellently connected with West Bengalthrough roadways, rail network, ports,
inland waterways and airports.
Roads
-
8/9/2019 West Bengal Positioning Bengal
23/60
7
West Bengal Unfolding Growth Strategy
Since there is huge demand for speed and quality in connectivity, the GoWB has taken up an
ambitious infrastructure renewal and expansion program.Some of the recent key initiatives in theroads sector are:
The Kolkata to New Delhi NH2 has been made
a 4-lane corridor. The fully operative Durgapur
and Kona Expresswaysprovide easy entry into
Kolkata from the NH2.
Under the Jawaharlal Nehru National Urban Renewal Mission, the GoWB has already initiated
an action plan of INR 2,70,000Lakh, forfurther developing the road infrastructural conditions.
Wellknown foreign companies are approaching the GoWB with a keen interest of being a partner
to further develop the road infrastructure. Salim Group, which is based in Indonesia, has already
bagged two state projects, one for constructing the Eastern Link Highway from Barasat to Raichak
and the other for building two 4-lane Road Bridges across the Hooghly and Haldi rivers in order
to improve connectivity between Kolkata and Haldia.
WB has developed the North South
Economic Order at a cost of US$210.0
million with the aid of the ADB. This
will enhance the connectivity of Kolkata
and the southern port of Haldia with the
northern part of the state.
The North South Corridor, the National
Highway projects of Dankuni- Kolaghatand Dankuni Kharagpur, Vivekananda
Bridge which is the gateway to NH2 have
been completed and are fully operational.
NH41 from Kolkghat to Haldia, NH31
passing through North Bengal, NH117
from Kona to NetajiSubhas Docks, NH35
from Barasat to Petrapole and NH31 from
Kolkata to Dalkhola are all to be developed
into 4-lane highways.
A 100 km long Eastern link Highway
project has already been initiated, which
will connect Barasat to Raichak.
The State Highway connecting NH31
from Siliguri to Jalpaiguri via Falakata will
be transformed into a National Highway.
Major North Bengal Districts will be
connected by the Golden Quadrilateral
project undertaken by the National
Highway Authority of India (NHAI).
-
8/9/2019 West Bengal Positioning Bengal
24/60
West Bengal Unfolding Growth Strategy
8
Railways
Railway tracks of 4154.98 km are well disseminated across the state, of whichapproximately
54 percent run on electricity. Railways in West Bengal are divided into Eastern Railway, South-
Eastern Railway, North-East Frontier Railway and Metro Railway. The East West Metro Corridor
Project is currently ongoing which will connect Salt Lake to Howrah. The State Government
is also planning to the extend East-West Metro from Salt Lake to Netaji Subhas Chandra Bose
Airport.
Rai Coverage West Bega: 2009-10 to 2010-11
Particulars Total2009-10 2010-11
Broad Gauge Route Kilometer 4162.28 4185.03
Meter Gauge Route Kilometer 106.14 106.14
Narrow Gauge Route
Kilometer220.01 220.01
Number of Railway Stations 815 822
Passengers Originating (000) 13,75,170 14,95,152
Airways
Netaji Subhas Chandra Bose International (NSCBI) Airport connects
Kolkata to the rest of India and all other prime locations of the world.
During 2009-10 (April-December), the total commercial traffic from
Kolkata airport 59,80,895 passenger flights and 78,927 tons of cargo.
Currently, modernization of the international terminalhas been done
at approximately US $435.0million . A new terminal, modern taxi
stands, a runway extension and a new integrated cargo complex have
been developed.
The other fully operational Airport at Bagdogra links Siliguri to
important destinations within India. Siliguri is the gateway to the North Eastern States and a very
important trade and logistics hub for the region. The Government of India is willing to set up a
perishable cargo complex at the Bagdogra airport and has sanctioned US$6,80,000.
Two domestic airports at Cooch Behar and Behala, 16 km from Kolkata,are also on the verge
of being fully operational, with the joint initiatives of the State Government and the Airports
Authority Of India. Other provisional Airports are Malda, Balurghat and Durgapur.
Source: WBFIN and Frost & Sullivan Analysis
-
8/9/2019 West Bengal Positioning Bengal
25/60
9
West Bengal Unfolding Growth Strategy
Passegers haded at major Airports i West Bega
Airport Category 2007-08 2006-07 Percent
change
in growth
(2006-07
to 2007-
08)
2005-06 Percent
change
in growth
(2005-06
to 2006-
07)
NSCBIAirport
Domestic 6451430 5187867 24.36 3664548 41.57
International 1007502 805191 25.13 742247 8.48
Total 7458932 5993058 24.46 4406795 36.00
BagdograAirport
Domestic 338065 259134 30.96 186837 38.70International NIL NIL NIL NIL NIL
Total 3,38,065 2,59,134 30.46 1,86,837 38.70
Source: Airports Authority of India and Frost & Sullivan Analysis
Inland Waterways
The GoI has declared the entire Gangetic stretch between Haldia and Allahabad as the
National Waterway (NW-1). The 43 km stretch from river Hooghly to river Raimangal on the
Bangladesh Border, which is the North Canal Syatem, was once the artery of trade for Bengal.
The TransportDepartment of the GoWB has already laid plans and initiated them to re-establishtrade links, which will in turn boost the economic development of the region.
Ports
Kolkata and Haldia are two modern ports in West Bengal, of which Kolkata is the major one.
According to the last available figures (2008-2009), these ports together handled 54.22 million
tons of cargo. In terms of cargo handling, in 2008-2009, Kolkata port was ranked fifth among
all the major Indian ports. In the 11th5-year plan, Kolkata Port Trust was given an outlay of US
$222.3Million.Upgradation and mordernization of both the ports is ongoing, so that they can
handle more cargo in the coming years.
Besides this, Dubai-based DP World along with the GoWB is constructiong a 3000 acre port-
cum-SEZ in Kulpi. Ministry of Shipping, GoI, has already initiated the set up of a Deep Sea Port
near Kolkata to increase marine fish and fish products export to over 25000 tons/annum.
Power
In power development, West Bengal has been a leader over the years.West Bengals power
infrastructure has been ranked high by NASSCOM. As of March 2011, the installed capacity of
power/electricity in the statewas 8316.9MW.
-
8/9/2019 West Bengal Positioning Bengal
26/60
-
8/9/2019 West Bengal Positioning Bengal
27/60
11
West Bengal Unfolding Growth Strategy
Industrial Infrastructure
Modernization of infrastructural facilities and creation of new clusters and growth centers have
already been initiated by the GoWB. As infrastructure creation depends on investments, the State
is attracting entrepreneurs in order to ensure private participation in this area and is successfully
laying the groundwork for state-of the art industrial facilities.Tax incentives and infrastructural
offerings in Growth Centers and SEZs boost the investment scenario of the state and will attract
more investors in the coming decade.
Growth Centers
The State is working in tandem with the West Bengal Industrial Infrastructure DevelopmentCorporation (WBIIDC) to develop Growth Centers. So far WBIIDC has been instrumental in
establishing 15 Growth centers in different locations such as Kalyani (Phase I, II, III), Falta(Phase
I, II), Uluberia, Bishnupur, Raninagar, Coochbehar, Malda (Phase I, II), Dabgram, Haldia,
Kharagpur and Bolpur.Developed land, industrial sheds, water and power supply, street lighting,
internal drainage and sewerage systems are some of the assured infrastructure facilities provided
in these Growth centres.
The Integrated Industrial Hub at Jalpaiguri and Industrial Auto Park at Jhargram are two upcoming
Industrial Parks for which the WBIIDC is working on a public-private partnership (PPP) model.
Infrastructural facilities like developed land, industrial shed, water and power supply, street
lighting, internal drainage and sewerage systems are integral offerings in a growth center.New
Growth Centers will also add facilities like telephone, banks, post offices, fire stations, police
outposts, and shopping centers, etc.
Special Economic Zones
In order to generate more employment, growth of specially designed SEZs in selected sectors are
required. These SEZs will enhance industrial infrastructure creation;these are entitled to several
concessions and special incentives nationally as well as within the state, such as- Tax exemption of 100 percent for the first 5 years, and then 50.0 percent for next 5 years.
License not necessary for import and custom duty exemption for raw materials, capital goods,
spares, etc.
Central excise duty exempted on procurement of capital goods, raw materials, and spares,
etc. from the domestic market.
Central Sales Tax exemption on domestic purchases.
Manufacturing sector offers 100 percent FDI.
-
8/9/2019 West Bengal Positioning Bengal
28/60
-
8/9/2019 West Bengal Positioning Bengal
29/60
13
West Bengal Unfolding Growth Strategy
Pasto Stee Park (Phase -
I ad II)
Iron and Steel and
Plastic products
Borjora, Bankura 423.2
Godapiasal Industrial
Park
Cement Godapiasal,
Pashchim
Medinipore
165.5
Rishi Bankim Industrial
Park
Multi product Naihati, 24
Parganas (N)
163.38
Rubber Park Rubber footwear, hoses,
tubes, automotive
rubber products
Sankrail, Howrah 90
Poly Park Polymer products Sankrail, Howrah 60
Kadua Food Park Food processing Sankrail, Howrah 52
Food Park (Phase I ad II)
(SudhaRas Food Park)
Food processing Sankrail, Howrah 49.98
Garmet Park (Paridha) Garments Kolkata 8.78
Maikacha SEZ (Phase
I ad II)
Gems andJewelry Salt Lake, Kolkata 5
Shipaga (light
Egieerig Park) (Phase
I ad II)
Light
EngineeringProducts
Salt Lake, Kolkata 2.25
Source: WBIDC and Frost & Sullivan Analysis
Intelligent Parks
-
8/9/2019 West Bengal Positioning Bengal
30/60
AN INVESTOR AWARE
CALCUTTA STOCK EXCHANGE
Courtesy : CALCUTTA STOCK EXCH
E-mail : bd@
Mobile No.:09830
Tel.: (033)
Website : ww
Ensure you have PAN card and Bank account.
Strike off all blank / irrelevant fields / clauses in the
agreement(s) executed.
Be aware that investor complaints against listed
companies are displayed on the websites of StockExchange (SE).
Deal only with SEBI registered brokers/ Depository
Participant (DP).
Provide your PAN card details in case of transfer /
transmission of shares in physical form.
Be alert to any public announcements on theshares of the companies that you have invested.
In case of any dispute / difference / grievance,
contact the compliance officer of broker / DP.
Be aware that all brokers/ DPs are required to have
a dedicated Email ID for registering your
complaints. Be aware that value of your investments is subject
to ups and downs of the market. They do not offer
guaranteed returns like bank deposits.
Read the Offer Document (OD) before investing.
INVEPROT
FU
-
8/9/2019 West Bengal Positioning Bengal
31/60
ESS INITIATIVE FROM
NVESTOR PROTECTION FUND
NGE INVESTOR PROTECTION FUND
e-india.com
836112625,0901
025 3000
se-india.com
Do not participate in unauthorised and illegal
trades outside the stock exchange mechanism
(dabba trading).
Do not give wrong / contradictory / incomplete
information in the client registration form. Do not be guided by astrological predictions on
share prices and market movements
Do not fall prey to market rumors/ 'hot tips'/
'opportunity knocks only once' kind of advice.
Be aware that Mutual Funds and Registrar and
Share Transfer Agent (RSTA) are required to have adedicated Email ID for registering your complaints.
Do not invest on any explicit / implicit promises
made by anyone.
Do not entrust management of your money /
securities with broker / sub broker.
Do not invest in any scheme just because ofincentives / gifts / inducements etc. offered.
Do not be influenced by advertisement/ advices/
rumors / unauthentic-news promising gains and
windfall profits in mass media.
Do not expect unrealistic / guaranteed returns.
TORTION
D
-
8/9/2019 West Bengal Positioning Bengal
32/60
West Bengal Unfolding Growth Strategy
16
Major Idustria Areas
Hadia
Oilgiants like the Indian Oil Corporation Ltd, Indian Oil Petronas Ltd., HindusthanFertilizer
Corporation, Tata Chemicals Ltd., Haldia Petrochemicals Ltd., Mitsubishi Chemical
Corporation, Hindustan Unilever Limited, Dhunseri Petrochem & Tea Ltd., ShamonIspat
Ltd., Ambo Agro Products Ltd., Exide Industries, etc are based here.
The area has location advantage andgood cargo handling facilities,
In a joint venture, the WBIDC and Tata Steel areon the verge ofsetting up a Merchant CokeOven Plant,which will generate 0.8 million tons of coke annually in Phase I and also 60MW
of power.
Kolkata
The strategic location of Kolkata is important for industrial development so the whole of
Eastern and North-Eastern India considers it the main commercial and financial hub..
Kolkata has Eastern India's only major International Airport. Kolkata port is also considered
one of the most well managed and promising ports in India.
Many industries like jute, leather units, chemicals, plastics, etc., havetheir base at Kolkata,
Howrah and the city suburbs.
Presence of numerous Industrial Parks and SEZs signifies Kolkata as an upcoming major
Electronics and IT Hub. National and international firms dealing inbanking, insurance, tea,
etc., are also setting up offices here.
"We all say that Kolkata is the cultural capital of the
country and Mumbai is the financial capital of the country.But this International Financial hub in Kolkata will
boost investments, employment, resources and the new
resurgence of Bengal. It is a collective package," said Ms.
Mamata Banerjee, CM of West Bengal, while addressing
the inaugural programme of the International Financial
Hub.
-
8/9/2019 West Bengal Positioning Bengal
33/60
17
West Bengal Unfolding Growth Strategy
Asansol-Durgapur Region
The Asansol - Durgapur region is situated at 150km from Kolkata.
Coal, iron ore, copper and bauxite like minerals are richly present in the region. There are
industrial units producing iron and steel, engineering goods, and electrical equipment, etc.
The Alloy Steel Plant at Durgapur and Railway Locomotive Plant at Chittaranjan are the
region's main industrial units.
In order to uplift the industrial development scenario, with modernised water supply, drainage
and sewerage provisions, there is a proposal for infrastructural investment of INR 15000
million in Asansol urban area under the Jawaharlal Nehru National Urban Renewal Mission
(JNNURM).
Durgapur Aerotropolis a project by Bengal Aerotropolis Projects Ltd. (BAPL) is in progress.
Kharagpur
Kharagpur, which boasts of the first IIT campus, is an ideal investment destination as it is at
a distance of just 120 km fromKolkata and railways connect it well to the rest of India.
The largest railway workshop in India and the world's longest railway platform is situated in
Kharagpur.
The town has a strategic location, which has encouraged the establishment of consumer goods,
plastic, chemical and engineering industries like Tata Metaliks, Flender McNeil, etc. Besides
the Diesel and EMU workshops have fuelled the growth of Micro and Small Enterprises and
other ancillary units.
-
8/9/2019 West Bengal Positioning Bengal
34/60
West Bengal Unfolding Growth Strategy
18
Industrial Policy Environment
Idustria Picy West Bega
West Bengal has implemented important policies to ensure increased flow of investment inindustries. Maximization of investments, output, growth and employment in the state arethe main aim of the policies. West Bengal has not been able to attract the high levels of desired
FDI and industrial policiesare undertaken to increase this. The policies cover various industries
such as Petrochemicals, Electronics andInformation Technology, Iron andSteel,micro, small and
medium enterprises, etc; a major thrust is given to the manufacturing sector.
The Associated Chamber of Commerce (ASSOCHAM) recently suggested that West Bengal
needs to build 17 inter-dependent clusters for small and medium enterprises (SMEs) through
publicprivate partnership (PPP) in order to have inclusive growth. The estimated cost of the
clusters will be around INR 400 crore.
Setting up these new clusters will increase the State's revenue by 10 percent while it is expected
to create direct employment for around five lakh people, Mr D.S. Rawat, national secretary
general of ASSOCHAMsaid while releasing a study paper, Cluster Development for Inclusive
Growth in West Bengal'.
ASSOCHAMhas proposed clusters at Barjora, Khejuri, Bargachia, Mansinghapur, Hantal,
Sahadatpur, Jagat, Udhaynarayanpur, Domjur, Alipurduar, Mogra, Nathungram, Metiabruz,
Tiljala, Topsia, Phoolbagan, Daspara, Ahiritola, Taltala, Lenin Sarani, Bowbazar, Kalighat,
Matiary, Nabadwip, Ranaghat, Jhalda, Purulia, Begunkodar, Tansi, Kalyanpur, Purandarpur and
Dhopagachi. Mr. Rawat said about 90 percent of industries in Bengal were micro- small- and
medium-enterprises, employing around 25 lakh. In order to sustain development, the clusters
should be connected through the internet. Cluster members, customers and entrepreneurs can
have easy coordination through this e-cluster model.
-
8/9/2019 West Bengal Positioning Bengal
35/60
19
West Bengal Unfolding Growth Strategy
FDI Ifws i Brad Bega
While Maharashtra leads the country in attracting FDI, West Bengal has turned out to be an
important hub for FDI as well.
Foreig Direct Ivestmet (FDI) Equity Ifows, Seected States, 2009-10-2011-12
State 2009-10 2010-11 2011-12
Maharashtra 39,409 27,669 44,664
Delhi 46,197 12184 37,403
Karnataka 4852 6133 7,235
Tamil Nadu 3,653 6,115 6,711
Gujarat 3876 3294 4,730Andhra Pradesh 5710 5753 4,039
West Bengal 531 426 1,817
Total 1,23,120 88,520 1,73,946
Source: Department of Industrial Policy and Promotion, India and Frost &Sullivan analysis
Note: The values are in INR Crore; Maharashtra includes Dadra and Nagar Haveli and Daman and Diu; Delhi includes part o f UttarPradesh and Haryana;Tamil Nadu includes Pondicherry; West Bengal includes Sikkim, Andaman and Nicobar Islands.
Export Snapshot of Brand Bengal
The export snapshot of the State is quite impressive. For many years, West Bengal has beenthe
country's leading exporter in:
Finished leather goods
Flower
Shrimp
Tea
Major State Idustria Poicies, West Bega, 2012
-
8/9/2019 West Bengal Positioning Bengal
36/60
West Bengal Unfolding Growth Strategy
20
Summary of the Key Idustria Poicies, West Bega: Recet Sceario
Policy Description& State Government Initiatives
Industrial Licensing
Policy
Atomic energy, five industries of environmental/strategic concern are
required to obtain an industrial license for manufacturing activity.
In addition, industries, which have the following specifications have
industrial licenses necessitated:
Reserved items for the small-scale sector, manufactured by non-
small-scale industrial units or units, with more than 24 percent
foreign equity.
Units not relating to Electronics, Printing, and Computer Softwareor any other notified non-polluting industry and located 25
km within Standard Urban Area Limits of cities with 1 million
population.
The five industries of strategic, social or environmental importance
are that of alcoholic drinks, tobacco and substitutes, electronic
aerospace and defense equipment, industrial explosives and
hazardous chemicals.
Micro & Small Scale
Enterprises (MSE) Policy
The State Government has formulated this policy in order to facilitate
investment and promotion of Small andMedium Enterprises.
Facilities and services adhering to industrial extension, provision
of sites for sheds construction, credit, training, machinery supply,
domestic marketing and exports, special incentives for enterprises
in backward area and technological up-gradation are key points of
this policy.
The GoWBs marketing policies for SMEshave some salient features
like price preference in purchases, exemption from payments of
Earnest money, product distribution through PDS, construction
and development of industrial estates, plots, commercial and tradeoffices; extension of credit support. Incentives are also provided as
per eligibility under West Bengal Incentive Scheme. Micro and small
industries in areas of handicrafts, handlooms, textiles, sericulture,
khadi and village industries are also highly being promoted by the
GoWB.
-
8/9/2019 West Bengal Positioning Bengal
37/60
-
8/9/2019 West Bengal Positioning Bengal
38/60
West Bengal Unfolding Growth Strategy
22
Key Industries and Key Players
The rare combination of natural resources, policy incentives and infrastructure in West Bengal,has made it an investors paradise in major sectors, such as Petroleum andPetrochemicals,IT and Electronics, Iron andSteel, Tea, Biotechnology, Jute products, Leather andLeather
Products and Food Processing.The States climate makes it an ideal destination for tea and
jute cultivation.
Some industry stalwarts are already finding Bengal the most attractive destination. Here are
some recent quotes from these eminent persons,
".there are some initial signs that the Government is putting inefforts to attract the
corporates, including some industry experts." Sunil Goel, Director, Global Hunt.
We have huge plans for India and West Bengal in coming years. Emerging technologies
and new business models will continue to accelerate growth and development in the
region. This is where all the action will be in the next decade. Frost & Sullivan was one
of the first companies to arrive in India and ever since we have grown our base and
relationships. Unlike most companies in our sector, we started by developing relationships
with local governments, investors and companies David Frigstad, Chairman, Frost &
Sullivan.
We have already invested over INR1,000 crore in West Bengal. We have come today to
see various other avenues, which could be of mutual benefit and interest. Some areas
we are looking at are deep sea port, hydro-electricity, IT parks, and construction of roads
both in the hills and plains, Cyrus P.Mistry, Managing Director, Shapoorji Pallonji &
Company.
West Bengal is taking greater initiative in developing micro and small scale enterprises. The state
has around 900,419 small scale enterprises, which account for 7.0percent of total units in the
country.
The metropolitan city of Kolkata has a comparative advantage over the other metropolitan cities
of India as the operating cost of business here is lower. Bengal has a large population fluent in
English, which is an advantage of the state workforce, especially in Kolkata.
-
8/9/2019 West Bengal Positioning Bengal
39/60
23
West Bengal Unfolding Growth Strategy
Key Industries Advantage Bengal Key Players
Petroleum &
Petrochemicals
4 percent of total petroleum production
and 13 percent of total polymer
production comes from WB.
Mitsubishi Chemicals and Corporation,
Japans major chemical firm has invested
in a Purified Terepthalic Acid (PTA) plant
at Haldia with an investment of US $780
million (phase I & II).
Indian Oil Corporation Ltd
(IOCL)
Oil India Ltd (OIL)
Oil and Natural Gas
Corporation Ltd (ONGC)
Haldia Petrochemicals
Ltd (HPL): Indias
second largest integrated
Petrochemical complex
IT and
Electronics
More than 50,000 professionals areemployed in the IT/ITeS companies in the
state.
Durgapur, Siliguri, Haldia have
appropriate infrastructure in the form of
Software Technology Parks (STP).
US $1.10 billion of software has been
exported from West Bengal in 2009-10.
Genpact Cognizant Technology
Solutions
HCL
Tata Consultancy Services
IBM
Iron & Steel
West Bengal has become a
favorabledestination for the steel industry.
Huge prevalence of iron ore deposits
have helped to attract new projects. The
Chota Nagpur plateau on the borders
of West Bengal is the key place of this
industry.
JSW Steel Ltd
SAIL
Shyam Steel
Super Forgings & Steel Ltd
(SFSL)
Tea
West Bengal ranks second in India in
tea growing, after Assam, and produces
around 23.7 percent of the total tea
produced in India
Around 115,095 hectares of land isunder tea cultivation.
The total tea production annually was
228.3 million kg in March 2011.
Tata Global Beverages
Goodricke Group Ltd
MacLeod Russell India Ltd
Duncan Industries Ltd
-
8/9/2019 West Bengal Positioning Bengal
40/60
West Bengal Unfolding Growth Strategy
24
Biotechnology
Biotechnology interventions can improve
the wide variety of commercial crops
grown in Bengal.
University of Calcutta and Strategic
Global Management (India) Private
Limited are jointly setting up the Kolkata
Biotech Park of 30 acres at Baruipur,
Kolkata.
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
Indian Institute OfTechnology, Kharagpur
Jute products
West Bengal is the leading Jute textile
manufacturing state in the country today.
It is the second important agro-based
industry after the cotton industry because
it provides:
(a) Employment to over 6 lakh people.
(b) Foreign exchange.
(c) Support to other industries.
The jute industry in West Bengal has the
following advantages:
(a) Ganga-Brahmaputra Delta provides the
raw materials.
(b) Coal is obtained from Raniganj and
Jharia close by.
(c) Good connectivity by roadways,
waterways and railways.
(d) Neighboring states of U.P., Bihar and
Orissa offer cheap labor.(e) Favorable humid climate for spinning of
the jute
(f) Kolkata provides easy port facilities.
West Bengal Agro Textile
Corporation Ltd. (Unit:
Bharat Jute Mills Ltd.)
Anglo-India Jute Mills Co.
Ltd
Auckland International Ltd.
(Auckland Jute Mill)
-
8/9/2019 West Bengal Positioning Bengal
41/60
25
West Bengal Unfolding Growth Strategy
Leather &
Leather
Products
West Bengal ledin finished leather goods
export with 13.5 percent of the country's
leather exports in 2009-10.
The state had around 538 leather goods
producing manufacturing units; most are
small scale units.
The Government of West Bengal has set
up an over 1000 acres integrated leather
complex near Kolkata.
Khadim India Ltd
Bata India Limited
Singhvi International
Balmer Lawrie and
Company Limited
Food Processing
Countrys largest producer of rice,
pineapple and other vegetables andfruits.
Ranks second in production of potatoes
and litchis.
Ranks 1stin total meat production
(including poultry) in the country.
Accounts for 10percent of the countrys
edible oil production.
Spices, coconut, cashew nut, areca nut,
betel vine and oilseeds are also produced
in good amount.
Ranks as one of the best in pisciculture
as well.
Ascon Agro PE & B Pvt.
Ltd. A Pailan Groupcompany
Dabur Limited
Frito-Lay a division of
PepsiCo
Arambagh Hatcheries
Unilever and Nestle are also
interested to set up food
processing units in the state
Source: Government of West Bengal and Frost & Sullivan analysis
-
8/9/2019 West Bengal Positioning Bengal
42/60
West Bengal Unfolding Growth Strategy
26
The Spectacuar Turism Idustry: HighPtetia, Higher Hpes
Aspecial mention of the tourism sector is also desirable here. Tourism in West Bengal is itself ahuge industry in all ways. The state attracts many tourists from all corners of the world everyyear because of the vast diversity ofits flora and fauna. Its natural beauty makes it a favourite
tourist spot. Tourism in West Bengal is a revenue earner for the local people as well. WB's
economic activities havebeen substantially enhanced by tourism. As the numbersof tourists are
increasing every year, the GoWB has initiated plans to further develop the Tourism Industry. Thenumber of health resorts and restaurants are also rising in the tourists spots of the state in order
to facilitate the tourists.
Ms Banerjee said We discussed measures to develop tourism in the state by promoting eco-
friendly projects, which will be of international standards, when she met Rachpal Singh, Tourism
Minister after inaugurating Digha Beach Festival in January 2012.
West Bengal is a perfect tourism blend of some of the most wonderful beaches, hill stations and
national parks. Darjeeling, a hill station in West Bengal is famous all over the world for its scenic
beauty.
West Bengal also provides a wonderful option for shopping with the option to buy some wonderful
cotton and silk sarees. The handicrafts of the rural people of the state are well appreciated all over
the world. The appointment of superstar Shah Rukh Khan as West Bengal's brand ambassador
will boost tourism in a big way.
-
8/9/2019 West Bengal Positioning Bengal
43/60
27
West Bengal Unfolding Growth Strategy
Key Agencies and their responsibilities
Agency Key Responsibility
West Bengal Industrial Development
Corporation (WBIDC)
Financing of medium and large scale industries.
Provides service assistance and facilitates investment
proposal through 'Shilpa Bandhu'.
Promotion of joint sector and assisted sector units in
important industry segments.West Bengal Industrial Infrastructure
Development Corporation (WBIIDC)
Sustainable industrial development in the state.
West Bengal Small Industries
Development Corporation Ltd
(WBSIDC)
The promotional agency for growth and
development of industries and commercial activities
in the small and medium sector in the state.
It has already developed 37 industrial and
commercial estates all over the state.
West Bengal Electronics Industry
Development Corporation Limited(WEBEL)
Development of IT/ITeS industries in the state.
Investors in new projects are assisted in getting
necessary approvals. Setting up of IT and electronics
industry is also facilitated.
West Bengal Finance Corporation
(WBFC)
For implementation of new/expansion or
modernization of MSMEs
Source: Government of West Bengal and Frost & Sullivan analysis
-
8/9/2019 West Bengal Positioning Bengal
44/60
West Bengal Unfolding Growth Strategy
28
Sustainable Security
The need of the hour is to reduce the vulnerability of a strategically located, high value statewith a good growth potential. Enhancement of sustainable security boosts the confidence ofits residents, investors, and national policy makers. The GoWB has also paid heed to this need
and is making significant and rapid improvements in this area.
nSG Hub
Former Union Home Minister P. Chidambaram inaugurated
infrastructure facilitiesfor the National Security Guards (NSG)
commando hub at Kolkata. National Buildings Construction
Corporation of India (NBCC) has constructed the hub,
which has permanent buildings, commando barracks as
well as an infrastructural framework for administration and
other works. The hub of 20 acres is located at Badu, near
Kolkata International Airport; a squad of 241 crack commandos for anti-terror and counter-
hijack operations are residing here for over a year.
The infrastructure facilities at the hub have now been made permanent and it will have fullfacilities for the commandos stationed here for special operations, NSG Director General Rajan
K Medhekar.
After the November 26, 2008 Mumbai attacks, decisions were taken to have National Security
Guard (NSG) commandos at the country's strategic locations to ensure reduction in terrorist
activities and quick anti-terror operations whenever required. Four NSG hubs have been
inaugurated in Mumbai, Hyderabad, Chennai and Kolkata.
Police Commissionerates In West Bengal
The law enforcement body in the urban locales of the state is called a Police Commissionerate.
The Commissioner of Police heads the commissionerate. Under West Bengal police, there are
four commissionerates atHowrah,Bidhanagar,BarrackporeandAsansol-Durgapur. Siliguri and
Haldia are gearing up to get to two more Police Commissionerates soon.
All-Women Police Stations
CM Mamata Banerjee recently announced that in order to curb the crime offenses against
women, which arealarmingly increasing in todays world, 65 all-women police stations will be
Photo Credit: Bengal Newz
-
8/9/2019 West Bengal Positioning Bengal
45/60
29
West Bengal Unfolding Growth Strategy
set up across districts.The purpose is to deal with crime against women in the state as well as to
encourage women to join the police service.
Gree Techgy: The Essece of Sustaiabiity
A major Problem in any modern state now is hazardous and biomedical waste management.
A fully operational Hazardous Waste Treatment Facility is already present in West Bengal. The
Environment Department is willing to set up more such facilities in the State through the PPP
model. Removal and treatment of solid wastes and hazardous wastes, including chemical wastes
and plastics, isalready permissible by the Environment Department.
During the 2012-13 Annual Plan of the Government, there are proposals to fund projects on wastemanagement in Tribal areas as well. State environment pollution levelsare strictly monitored.
Industrial emission levels in Kolkata and Howrah are closely monitored, too. Plans are there to
cover all industrial towns shortly.
In 2012-13, INR 50 lakh has been granted to curb state environmental pollution. The West
Bengal Pollution Control Board (WBPCB) is working in tandem with the GoWB in this regard
and in order to curb pollution in textile industries, it has proposed a treatment plant for Textile
Parks. To initiate this facility, the State Government has already granted a substantial sum of
money for the current plan period.
The proposal to hike Green Revolution allocation in the East from INR 400 to INR 1000 crore
under Rashtriya Krishi Vikas Yojana in 2012-13 budget will intensify the region's agricultural
research. A task force has been formed for this purpose. It has recommended promotion of
water management efficiency and innovative precision farming practices arealso encouraged in
consultation with the state governments of Bihar, Chhattisgarh, Uttar Pradesh, Orissa, Jharkhand
and West Bengal. Recommendations are made for rice productivity improvement in the Eastern
States, so appropriate infrastructure is being developed with a vision to bring stability to the rice
based cropping system in the Eastern states.
An expert committee has been formed by the GoWB for the management of municipal solidwaste and recycling in state urban areas. Waste management projects worth INR212 crore,
which should benefit nearly 35 lakh people across the state havealready been taken up by the
Government.
-
8/9/2019 West Bengal Positioning Bengal
46/60
West Bengal Unfolding Growth Strategy
30
Key Chaeges fr West BegasGrowth and Development
-
8/9/2019 West Bengal Positioning Bengal
47/60
31
West Bengal Unfolding Growth Strategy
Recommendations forSustaiig/Achievig Faster Grwth
In order to sustain faster growth a proactive and sustainable drive under the able guidance of the
GoWB is desired, which will attract investors across sectors.
The state should capitalize on its core competencies across all sectors. So more focus should
be given to industries, in which the State has a competitive advantage.
Improvement of rural productivity, capturing Indian as well as global consumer demand,
more revenue generation from the Tourism sector, etc.
The State should encash on its strategic location and build up a strong brand in the investors
mind by highlighting its core strengths, geographical and logistical advantages.
The pro-industry outlook of the Government would also come tothe forefront if the decision
making process becomes faster and has more transparency.
Land acquisition procedure should be more regulated. Procedures like auction can be usedto determine correct compensation price. Monetary as well as non-monetary compensation
can attract more landowners to donate their land.
More thrust on infrastructure strengthening is desired. Development of infrastructure can be
considered a direct poverty alleviation strategy as well.
There is need to create more industrial clusters, which will ensure common facilities, which in
turn will reduce operating costs, there will be an increase in competitiveness and development
ofskills of the concerned sector.
-
8/9/2019 West Bengal Positioning Bengal
48/60
-
8/9/2019 West Bengal Positioning Bengal
49/60
33
West Bengal Unfolding Growth Strategy
Conclusion
The above report firmly portrays that West Bengal has been able to keep pace with the industrial
development.
Mr. Sam Pitroda, an eminent Indian innovator, entrepreneur, policymaker and advisor to the
Indian Prime Minister, recently consulted with Ms. Mamata Banerjee as an advisor to Resurgent
Bengal.He suggested that We now need numerous energetic people across the fields of
education, technology, health and investments to join us for the states overall development.
Overall, the situation is encouraging and there is enormous scope for further development. Some
sectors based in the state hold great growth potential and in the coming years, these sectors couldcapture a large chunk of the investment coming in India. The availability of talent and cheap labor
further increases the development scope of the region. Presently, West Bengal is undergoing a
very exciting but challenging phase, with lots of opportunity ahead to take it to the top tier of
progress. The Government is already formulating the best plans through a long term multivariate
approach focussing on various potential sectors. MSME, form the largest cluster of industries
in the state. Realizing the ample opportunity of growth among the MSMEs, the Government
is focussing on the Public-private partnership (PPP) route. The upcoming sustainable security
measures and those thatare already prevalent in the state make it a preferred and potential
destination. West Bengals very own SHOBUJ BANGLA, SHONAR BANGLA is already well
positioned to become a leader again.
-
8/9/2019 West Bengal Positioning Bengal
50/60
West Bengal Unfolding Growth Strategy
34
West Bengal
The Growth Engine of Eastern India
Mr. U. K. Joshi
Director, ASSOCHAM
State Profile
On the North is the Kanchenjunga crowning the state, whereas at its foot is the Bay of Bengaland through its heart runs the holy Ganges. No other state in India has perhaps such avaried landscaping as the state of West Bengal.
West Bengal is a state in the eastern part of India. It is the thirteenth largest state of India and
is spread over 88,752 kilometers. On the north of West Bengal are the Himalayas whereas the
south is adorned by the Bay of Bengal. Bengal is one of those Indian states which have a
very rich cultural heritage and a glorious history. Abundant in natural and human resources,
West Bengal has evolved from an agrarian economy to well structured services based junction
offering Tourism, Education, IT/ITES, Skill development, HRD. A stable political status, beneficialeconomic policies, favorable demographics and impressive industrial development induce West
Bengal to turn into an investors destination.
-
8/9/2019 West Bengal Positioning Bengal
51/60
35
West Bengal Unfolding Growth Strategy
Economic Scenario of the State
Economic Snapshot- GSDP
At, Current Prices, the Gross State Domestic Product (GSDP) of West Bengal was about US$
84.4 billion in 2009-2010. The average annual GSDP growth rate from 2004-2005 to 2009-10,
was about 12.7 per cent.
Per Capita GSDP
The states per capita GSDP in 2009-10 was US$ 956.4 as compared to US$553.7 in 2004-05.
The per capita GSDP increased at a CAGR (Compound Annual Growth Rate) of 11.5 per cent
between 2004-05 and 2009-10. West Bengal has registered an increase in the per capita income
owing to investments in sectors such as steel, real estate, power, retail and IT.
-
8/9/2019 West Bengal Positioning Bengal
52/60
West Bengal Unfolding Growth Strategy
36
Percentage Distribution of GSDP
In 2009-10, the tertiary sector contributed 57.8 per cent to the states GSDP at current prices,
followed by primary sector (24.0 per cent) and secondary sector (18.2 per cent)
At a CAGR of 15.2 per cent, the tertiary sector has been the fastest growing among the three
sectors from 2004-05 to 2009-10. The growth has been driven by trade, hotels, real estate,
finance, insurance, transport, communications and other services. The primary sector grew at a
CAGR of 12.7 per cent between 2004-05 and 2009-10. The secondary Sector grew at a CAGR
of 11.5 per cent between 2004-05 and 2009-10. It was driven by manufacturing, construction
and electricity, gas and water supply.
Physical Infrastructure
Roadways
West Bengal has a total road length of 92,023 km, with a road density of 1.04 km per sq km.
there are 17 National Highways running through the state and covering 2,578 km. The Golden
Quadrilateral (GQ)
project undertaken by
the National Highway
Authority of India
(NHAI) passes through
major districts in north
-
8/9/2019 West Bengal Positioning Bengal
53/60
37
West Bengal Unfolding Growth Strategy
part of West Bengal. As of July 2011, four laning of Dhankuni-Kolaghat (54.4 km) and kharagpur-
Laxmanath (65.8 km) sections had been completed.
A number of road development projects have been taken up under Public Private Partnerships
(PPP). The berth 4A (Haldia) project, Kolkata- Durgapur expressway, Palsit-Dankuni road project
and Panagarh-Palsit road project are some of the PPP projects taken up in the state.
Two new underpasses are being planned- one near the Bidhannagar rail station to connect
Ghaznavi bridge with Kazi Nazrul Avenue in Northeast Kolkata and another to the south of New
Canal.
Railways
West Bengal is well connected through the railway
network. The railway route length in the state is
around 4,481 km. Howrah, Asansol, Sealdah, Bandel,
Bardhaman, Kharagpur and New Jalpaiguri are the
main junctions in West Bengal. The Indian Railways
has an electric locomotive production unit- Chittaranjan
Locomotives Works (CLW) located on the West Bengal-
Jharkhand border, with a production capacity of 230
engines. Indian Railways has already started work to setup an electric locomotive assembly and ancillary unit at Dankuni, West Bengal.
Airports
West Bengal has two domestic and international airports.
The Netaji Subhash Chandra Bose International Airport
is located in Dum Dum, 18 km from Kolkata; the domestic
airports are at Bagdogra (Siliguri) and at Bahala 16 km
from Kolkata.
In 2009-10 (April-December), the total commercial traffic
at Kolkata airport included about 5,980,895 passengers
flights and 78,927 tonnes of cargos. The government of
India has sanctioned US$ 680,000 to set up a perishable
cargo complex at the Bagdogra airport.
The Kolkata airport is being modernized at an estimated cost of US$ 435 million. It will include
a new terminal modern taxiways and extension of a runway. The upgrade will raise the airports
handling capacity to around 20 million passengers, annually, 8 million as of March 2010.
-
8/9/2019 West Bengal Positioning Bengal
54/60
West Bengal Unfolding Growth Strategy
38
Ports and Inland Waterways
West Bengal has two modern ports located at Kolkata and
Haldia; Kolkata is a major port. In 2008-09, the combined
volume of goods handled by both the ports was over 54.2
million tonnes. The West Bengal government plans to
construct a US$ 265 million container port at Kulpi and a
small port at the mouth of the Hooghly river. Government of
India has declared the entire stretch of the Ganges between
Haldia and Allahabad as National Waterway (NW-1). The
560 km Haldia-Frraka stretch of NW-1 has been developed
as a part of the multi-modal system for cargo tariff from Nepal, Bhutan, North Bengal and the
Northeastern states.
Power
As of March 2011, West Bengal had a total
installed power generation capacity of 8,316.9
MW, which comprised of 6,012.96 MW under
state utilities, 1,358.67 MW under the private
sector and 945.26 MW under the central sector.
Of the total installed power capacity, 7,039.54MW was contributed by hydro power and
renewable power contributed 161.05 MW of
capacity. The State Government is encouraging
setting up of renewable energy-based power
plants. West Bengal State Electricity Distribution Company Limited (WBSEDCL) has come into
effect from April1, 2007 after restructuring of erstwhile West Bengal State Electricity Board.
WBSEDCL is a major power utility of the state with consumer strength of over 8.4 million, 5
zones, 17 regional offices, 53 distribution divisions and 459 customer care centers.
Key Industries
The natural resources, policy incentives and infrastructure in the state support investments in
major sectors such as iron and steel, Biotechnology, coal, leather, jute products, tea, IT, gems and
jewellery. Climatic conditions suitable for cultivation of tea and jute have made West Bengal a
major centre for these products and related industries.
West Bengal occupies a predominant position in the development of micro and small scale
enterprises, the state has around 900,419 small scale enterprises, accounting for 7 per cent of
-
8/9/2019 West Bengal Positioning Bengal
55/60
39
West Bengal Unfolding Growth Strategy
total such units in the country. The growth rate of Index of industrial production of West Bengal
stands at 3.4 per cent in 2009-10.
Tea
West Bengal is the second largest tea growing state in India, after Assam, and Accounts for
around 23.7 per cent of the total tea produced in India. As of 2007, 115,095 hectares of land
was under tea cultivation. The total annual production of tea was 228.3 million kg (mkg), as of
March 2011. Tea gardens in the state are located in Darjeeling and Jalpaiguri, the two northern
districts of West Bengal. Darjeeling tea has a geographical Indicator (GI).
Petroleum and Petrochemicals
West Bengal accounts for around 4 per cent of the countrys production of petroleum products
and 13 per cent of polymer production. Haldia Petrochemicals Limited is one of the largest
integrated petrochemicals complexes. Mitsubishi chemicals and Corporation, Japans major
chemical firm has invested in a purified Terepthalic Acid (PTA) plant at Haldia at investment of
US$ 780 million.
Leather
West Bengal is one of the leading exporters of finished leather goods, accounting for almost
13.5 per cent of the countrys leather exports in 2009-10. As of 2008, the state had around
538 manufacturing units producing leather goods. West Bengal leather Industrial Development
Corporation provides market facilities for the leather products manufactured by small scale
industries located in the state. The government of West Bengal has set up an integrated leather
complex on the eastern fringe of Kolkata, spread over 1,100 acres.
Iron and Steel
West Bengal has emerged as a favored destination for the steel industry. Its deposits of Iron
ore have helped attract new projects. The Chota Nagpur plateau bordering West Bengal is the
nerve centre of this industry. The Joint plan committee (JPC) for steel has been constituted by
the Government of India for formulating the guidelines for production and distribution of steel
material in the country. Headquartered in Kolkata, it has regional offices in New Delhi, Mumbai
and Chennai.
Information Technology
Around 500 IT and ITes companies are operating in the state, employing more than 50,000
professionals. The state has identified IT as a priority focus sector to be developed into a
-
8/9/2019 West Bengal Positioning Bengal
56/60
West Bengal Unfolding Growth Strategy
40
growth engine for the future. West Bengal has 18 IT based SEZs with formal approval. A 16
acre SEZ by Tata Consultancy Services has been granted formal approval and is expected tobe operational by 2011. 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). Software worth of US$ 1.1 billion has been exported from West
Bengal in 2009-10.
Mineral Resources
The Raniganj coal belt accounts for over 30,147 million metric tonnes of quality coal. Reserves
of Coal Bed Methane (CBM), an alternative source of natural gas, in west Bengal is estimated
to 1.64million cubic feet. Rock phosphates deposits are found in Beldhi, Chirugora and Kutniregions of Purulia districts. Deposits of granite and Kaolinite are found in Purulia, Bankura
and the Birbhum districts. Good quality pegmetallic-quartz is available at Mirmi in the Purulia
district; deposits of basalttrap rocks used for preparing road metals are available in Birbhum
district.
Automobile and Auto Components
The automobile industry in West Bengal is dominated by Original Equipment Manufacturers
(OEM). 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.
Biotechnology
West Bengal has many attributes that favor the development of biotechnology industry. It has
rich natural resources based on a diversity of flora and fauna. A wide variety of commercial
crops are cultivated, which can be improved by biotechnology interventions. Examples of such
interventions are application of bio- fertilizers 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. A 30 acre biotechnology park is being set up
at Baruipur, Kolkata to be known as Kolkata Biotech Park. The park is a joint venture betweenthe University of Calcutta and Strategic Global Management (India) Private Limited.
Fishery
The state has a long coastline of over 150 km and innumerable water bodies, which generate a
huge potential for inland fishing and give it a prominent position in fish cultivation. West Bengal
is the largest producer of fish and shrimps in the country. It is also the largest supplier of fish
and supplies nearly 80 per cent of the carp seed demand of the country. The state produces
significant amount of fresh water fish.
-
8/9/2019 West Bengal Positioning Bengal
57/60
41
West Bengal Unfolding Growth Strategy
Agricuture ad Horticuture
West Bengal comprises of six agro climatic Zones and offers a diverse variety of environment for
agriculture and horticulture produce. It had produced 2,861,000 tones of fruits and over 21.9
million tones flowers in 2009-10. The state is among the leading producers of flowers (loose)
with a production of 55,200 tones flowers in 2009-10. West Bengal accounts for 70 per cent of
Indias dried flower exports. There is good potential for exporting flowers like gladiolus, gerbera,
tuberose and rose to countries in Holland, Middle-East, the UK and Japan. Indoor plants and
foliages such as asparagus, palms, cycads and ferns are also grown in the state.
Livestock and Dairy Products
The state has a favorable 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 has the second-highest indigenous cattle population in the country. The state is one
of the leading producers of meat. The total production of meat in 2008-09 was 527,000 tones.
___
-
8/9/2019 West Bengal Positioning Bengal
58/60
-
8/9/2019 West Bengal Positioning Bengal
59/60
-
8/9/2019 West Bengal Positioning Bengal
60/60
NOTES