WEST BENGALKolkata as the next IT hub West Bengal is the largest producer of rice in India. Chinsurah, Rice research station is declared to be the best All India Coordinated Research

For updated information, please visit www.ibef.org May 2018

WEST BENGAL CULTURALLY ARTISTIC

JOR BANGLA TEMPLE IN BISHNUPUR, WEST BENGAL

Table of Content

Executive Summary .…………….….…….....3

Economic Snapshot ….….…..…………..…...9

Introduction …….....…………………………..4

Physical Infrastructure ……………….……...15

Social Infrastructure ……………………….…24

Industrial Infrastructure ................................27

Key Sectors …………………..…………........29

Key Policies and Procedures …..…...……....38

Annexure ……………….….……….................46

For updated information, please visit www.ibef.org WEST BENGAL 3

EXECUTIVE SUMMARY

Source: Statistics of West Bengal, Government of West Bengal

West Bengal, India’s 6th largest economy, had a Gross State Domestic Product (GSDP) per capita of US$

1,681.49 in 2017-18. The state’s GSDP per capita grew at a CAGR of 8.83 per cent during 2011-12 to 2017-

18.

One of the largest state

economies

In 2016-17, West Bengal was the second 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 IT parks have been established in the state while 13 others are in the process of being set up Kolkata as the next IT

hub

West Bengal is the largest producer of rice in India. 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 ninth 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

WEST BENGAL

INTRODUCTION


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.

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 per cent 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

Note: T – Target


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


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


WEST BENGAL IN FIGURES

Parameter West Bengal India

GSDP as a percentage of all

states’ GSDP 6.30 100.00

GSDP growth rate (%) 12.47 9.8

Per capita GSDP (US$) 1,681.49 1,975.05

Odisha’s Contribution to Indian Economy (2017-18)


Installed power capacity

(MW) (May 2018) 10,517.59 343,898.39

Wireless subscribers (No)

(as of March 2018) 64,371,401 1,183,408,611

Internet subscribers (Mn)

(as of December 2017) 10,440,000 445,960,000

National highway length

(km) (as of February

2018)

3,004 122,432

Major and minor ports

(No) 2 13+187

Airports (No) 3 125

Physical Infrastructure in West Bengal


Literacy rate (%) 77.1 73.0

Birth rate (per 1,000

population) 15.4 20.4

Social Indicators


Operational PPP projects (No) 28 1,530

Operational SEZs (No) 7 221

Industrial Infrastructure


Cumulative FDI equity inflows

since April 2000 (US$ billion) 4.19* 368.05

Investments (as of December 2017)

Note: GSDP, per capita GSDP figures are taken at current prices, exchange rates used is average of 2017-18 i.e. 64.45, For sources refer to Annexure, Including Sikkim and Andaman

and Nicobar Islands

WEST BENGAL

ECONOMIC SNAPSHOT


ECONOMIC SNAPSHOT – GSDP

GSDP of West Bengal at current prices

At current prices, gross state domestic product (GSDP) of West

Bengal is estimated at US$ 163.87 billion in 2017-18.

The average annual GSDP growth rate from 2011-12 to 2017-

18 was about 12.47 per cent.

10

8.8

2

10

9.5

8

11

2.7

7

11

7.9

3

12

0.9

2

13

6.8

2 16

3.8

7

5.2

2

5.9

7

6.8

2

7.2

1

7.9

2 9.1

8

10

.56

0

2

4

6

8

10

12

0.00

20.00

40.00

60.00

80.00

100.00

120.00

140.00

160.00

180.00

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7P

E

201

7-1

8A

E

US$ billion Rs trillion

CAGR (in Rs) 12.47%

GSDP per capita of West Bengal at current prices

1,3

60

.42

1,3

58

.59

1,4

02

.51

1,5

71

.12

1,2

65

.67

1,4

17

.96

1,6

81

.49

65

,23

2.0

0

73

,97

5.0

0

84

,85

2.0

0

96

,07

4.0

0

82

,85

1.0

0

95

,13

1.0

0

10

8,3

72

.00

0

20000

40000

60000

80000

100000

120000

0

200

400

600

800

1000

1200

1400

1600

1800

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

US$ Rs

CAGR (in Rs) 8.83%

The state’s per capita GSDP^ in 2017-18 was US$ 1,681.49

as compared to US$ 1,360.42 in 2011-12.

The per capita GSDP increased at a compound annual growth

rate (CAGR) of 8.83 per cent between 2011-12 and 2017-18.

Note: PE – Provision Estimate, AE – Advance Estimate, Per Capita GSDP figures up to 2014-15 are from Economic Review 2016-17, Exchange Rates used are on page 68

Source: Economic Review 2017-18, Economic Review 2016-17


ECONOMIC SNAPSHOT – NSDP

NSDP of West Bengal at current prices (in US$ billion)

11

5.0

4

11

6.4

5

12

1.5

7

13

7.8

9

11

0.1

8

12

4.7

8 14

9.5

9

5.5

2

6.3

4 7.3

5 8.4

3

7.2

1 8.3

7 9.6

4

0

2

4

6

8

10

12

0

20

40

60

80

100

120

140

160

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7P

E

201

7-1

8A

E

US$ billion Rs trillion

CAGR (in Rs) 9.75%

At current prices, net state domestic product (NSDP) of West

Bengal was estimated at US$ 149.59 billion in 2017-18.

The average annual NSDP growth rate from 2011-12 to 2017-

18 was 9.75 per cent.

The state’s per capita NSDP in 2017-18 was US$1,534.96 as

compared to US$ 1,253.01 in 2011-12.

The per capita NSDP increased at a CAGR of 8.67 per cent

between 2011-12 and 2017-18.

NSDP per capita of West Bengal at current prices (in US$)

12

53

.01

12

55

.90

12

98

.03

14

57

.78

11

53

.25

12

93

.16

15

34

.96

60

,08

2.0

0

68

,38

4.0

0

78

,53

1.0

0

89

,14

3.0

0

75

,49

2.0

0

86

,75

8.0

0

98

,92

8.0

0

0

20000

40000

60000

80000

100000

120000

0

200

400

600

800

1000

1200

1400

1600

1800

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

US$ Rs

CAGR (in Rs) 8.67%


Note: PE – Provision Estimate, AE – Advance Estimate, Figures up to 2014-15 are from Economic Review 2016-17, Exchange Rates used are on page 68


ECONOMIC SNAPSHOT – PERCENTAGE

DISTRIBUTION OF GSVA

In 2017-18, the services sector contributed 57.15 per cent to the

state’s GSVA at basic prices, followed by the agriculture sector

(23.01 per cent) and industry sector (19.83 per cent).

At a CAGR of 11.05 per cent, agriculture sector has been the fastest

growing among the 3 sectors from 2011-12 to 2017-18.

The services sector grew at a CAGR of 8.98 per cent between 2011-

12 and 2017-18.

The industry sector grew at a CAGR of 8.68 per cent between 2011-

12 & 2017-18.

GSVA composition by sector

21.00% 23.01%

20.60% 19.83%

58.40% 57.15%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2011-12 2017-18

Agriculture Industry Services

11.05%

8.98%

8.68%

CAGR*

Note: *in Rs terms



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.

Cumulative FDI inflows in West Bengal1 (in US$ million)

1,2

77

.60

1,3

92

.91

1,4

88

.00

1,8

82

.00

2,3

06

.00

2,7

42

.00

2,9

81

.00

3,9

36

.00

3,9

85

.00

4,1

91

.00

0

500

1000

1500

2000

2500

3000

3500

4000

4500

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*

Source: Department of Industrial Policy & Promotion (DIPP)

Note: 1Includes West Bengal, Sikkim and Andaman & Nicobar Islands, *from April 2017 to Dec2017


ECONOMIC SNAPSHOT – EXPORT TRENDS

The total exports of West Bengal grew to US$ 8.25 billion in 2016-17

and the government is working towards increasing the value to Rs

75,000 crore (US$ 11.64 billion) by 2019-20.

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, floriculture exports from the state of West Bengal

stood at US$ 12.44 million. During the same period, exports of fruits

& vegetable seeds from West Bengal stood at US$ 9.52 million and

exports of non-basmati rice were recorded at US$ 868.01 million.

Source: India Economic Survey 2011-12, EXIM Bank India, West Bengal Economic Survey 2017-18, News Articles

Exports from West Bengal (in US$ billion)

7.1

1

9.0

0

7.4

7 8.2

5

11

.64

0

2

4

6

8

10

12

14

201

0-1

1

201

4-1

5E

201

5-1

6

201

6-1

7

201

9-2

0F

Note: E-Estimate, F-Forecast

WEST BENGAL

PHYSICAL

INFRASTRUCTURE


PHYSICAL INFRASTRUCTURE – ROADS

Source: Ministry of Road Transport & Highways, Budget 2016-17

West Bengal has a total road length of around 316,730 km#. The

national highways running through the state cover approximately

3,004 km, as of February 2018.

In the state budget 2018-19, the Government of West Bengal

allocated US$ 773.53 million to Public Works (Roads) Department.

Expenditure incurred for development of National Highways in the

state reached US$ 150.02 million during 2017-18*.

In March 2018, Government of India approved rehabilitation and

upgradation of an 11.9 km long stretch of NH-31 in West Bengal

which will entail an investment of Rs 254.30 crore (US$ 39.28

million).

Road type Length (in km)

Total road length 316,730#

National highways 3,004

State highways 4,505#

Development of National highways in West Bengal

13

8.0

0

20

2.9

0

38

5.8

0

16

3.0

7

46

.45

12

4.0

4

18

2.3

2

15

0.0

2

0

20

40

60

80

100

120

140

160

180

200

0

50

100

150

200

250

300

350

400

450

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*^

National Highways constructed (in km)Funds Released for development of national highways (in US$ million)

Note: #As of 2016-17, 2017-18* - Funds released are up to February 2018, 2017-18^ - National Highways constructed are up to December

Road Network in West Bengal (as of February 2018)


PHYSICAL INFRASTRUCTURE – RAILWAYS

West Bengal is well connected through the railway network. The

length of railways was around 4,135 km as of March 2017.

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. It

manufactured 292 BG 3-phase HHP electric locomotives in 2016-17.

Rail Vikas Nigam Limited (RVNL) is going to undertake construction

of a 4.38 km stretch of metro rail from Noapara to Dakshineshwar.

The work is expected to be completed by May 2019. It is estimated

that nearly 55,000 people will be travelling on this section by 2030.

The government is 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


PHYSICAL INFRASTRUCTURE – AIRPORTS … (1/2)

West Bengal is home to two domestic and one international airport.

The Netaji Subhash Chandra Bose International Airport located in

Kolkata is the largest airport in the state. A domestic airport, located

at Bagdogra, is maintained as a civil enclave and is operated by

Indian Air Force.

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. Passenger handling capacity of Kolkata

airport has reached 26 million passengers per annum (mppa).

Government of India has given its ‘in-principle approval’ for setting up

of a greenfield airport at Durgapur with an estimated investment of

Rs 670 crore (US$ 103.49 million).

Source: Airports Authority of India

International airport

Domestic airport

Kolkata

Bagdogra

Behala


PHYSICAL INFRASTRUCTURE – AIRPORTS … (2/2)

Source: Airports Authority of India,

Kolkata aircraft movement (nos.) 8

5,6

96

94

,37

5

99

,84

3

93

,60

5

92

,87

1

97

,12

8

10

2,4

85

12

4,1

54

14

8,8

02

12

,66

9

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

201

8-1

9*

Kolkata passenger traffic (million)

8.0

5

9.6

3

10

.30

10

.07

10

.10

10

.92

12

.42

15

.81

19

.89

1.7

7

0.00

5.00

10.00

15.00

20.00

25.00

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

201

8-1

9*

Note: 2018-19* - up to April 2018

In 2017-18, Kolkata airport handled 163,323 tonnes of freight.


PHYSICAL INFRASTRUCTURE – PORTS AND INLAND

WATERWAYS

West Bengal has two major ports located at Kolkata and Haldia. In 2017-18, the combined volume of goods handled by both the ports of Kolkata

and Haldia, was 57.89 million tonnes.

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. Traffic at the riverine jetty at outer terminal -1 is expected to be 3.90 MTPA in 2018-19 and

is forecasted to grow to 5.00 MTPA by 2025-26.

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.

Source: Ministry of Shipping, Government of India, Indian Port Association

Traffic handled at major ports (‘000 tonnes)

12

,87

5

15

,28

3

16

,78

2

16

,17

3

17

,39

0

2,9

01

28

,51

1

31

,01

0

33

,50

7

34

,14

1

40

,49

6

7,1

20

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

201

8-1

9

Kolkata Dock System Haldia Dock Complex

Commodity Kolkata Dock System Haldia Dock Complex

P.O.L 781 8,141

Other Liquids 768 4,955

Iron Ore (Incl pellets) - 1,576

Fertilizers (finished +

raw) 307 703

Coal 939 14,638

Containers 9,760 2,672

Others (Misc. Cargo) 4,835 7,811

Commodity-Wise traffic handled at major ports in 2017-18 (‘000

tonnes)


PHYSICAL INFRASTRUCTURE – POWER

As of May 2018, West Bengal had a total installed power generation

capacity of 10,517.59 MW, of which 6,697.95 MW was under state

utilities, 2,768.87 MW was under the private sector and 1,170.77 MW

was under central utilities.

Of the total installed power capacity, 8,805.77 MW was contributed

by thermal power, 1,396.00 MW by hydropower and 435.82 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.

Length of transmission lines in the state has increased from 11,095

CKM in March 2011 to 13,392 CKM in December 2017. During the

same period, capacity of transmission lines increased from 19,236

MVA to 30,271 MVA.

Source: Central Electricity Authority, West Bengal Economic Survey 2017-18

Installed power capacity (MW)

7,7

31

.69

8,1

49

.54

8,3

16

.89

8,5

67

.29

8,6

16

.29

9,2

24

.82

9,8

42

.04

10

,25

8.4

0

10

,38

2.7

8

10

,63

7.5

9

10

,51

7.5

9

0

2,000

4,000

6,000

8,000

10,000

12,000

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

201

8-1

9*

Note: *As of May 2018


PHYSICAL INFRASTRUCTURE – TELECOM

According to Telecom Regulatory Authority of India (TRAI), there were around 58.51 million wireless subscribers and 0.28 million wireline

subscribers in West Bengal as of March 2018.

By the end of March 2018, 19,762,291 subscribers had submitted requests for mobile number portability in West Bengal.

At Bengal Global Business Summit 2018, 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 58,507,306

Wire-line subscribers 277,267

Internet subscribers* 17,380,000

Teledensity (in%) 91.02

Mobile Number Portability requests 19,762,291

Source: TRAI

*Note: Âs of March 11, 2018, #As of January 28, 2018, *As of December 2017

Telecom Infrastructure (As of March 2018) Performance status of Bharat Net project (as of April 22, 2018)

Total GPs 3,354

Cable laid (kms.) 38,243

GPs for which cable laid 12,464

GPs connected^ 2,073

Service ready GPs#

2,020


PHYSICAL INFRASTRUCTURE – URBAN

As of April 2018, one smart city has been short listed in the state of

West Bengal to be developed as a smart city.

60 cities in the state were identified under Atal Mission for

Rejuvenation and Urban Transformation (AMRUT) as of April 2018.

In 2017-18, 2,260 urban beautification schemes for Green Space

Development Projects were undertaken under the Green City

Mission at an estimated cost of Rs 1,180.18 crore (US$ 183.12

million).

As per the state’s Economic Survey 2017-18, few of the

accomplishments of 2017-18 were:

• Seven flyovers and elevated corridors were constructed at an

estimated cost of Rs 1,909 crore (US$ 296.20 million)

• 108 water supply projects were implemented with an investment

of Rs 10,447 crore (US$ 1,620.95 million)

• Seven storm water drainage projects were undertaken at an

estimated cost of Rs 229 crore (US$ 35.53 million)

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

WEST BENGAL

SOCIAL

INFRASTRUCTURE


SOCIAL INFRASTRUCTURE – EDUCATION

West Bengal has a literacy rate of 77.1%; the male literacy rate is 81.7% and the female literacy rate is 70.5%.

The state has 41 universities^, 152 polytechnics, 248 Industrial Training Institutes (ITIs) and 2,747 Vocational Training Centres (VTCs), as of

December 2017.

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 2017-18, the state government constructed 37 primary schools buildings and 202 upper primary school buildings. The government also

undertook construction of 1,235 additional classrooms.

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

Literacy rate 77.1

Male literacy 81.7

Female literacy 70.5

Scheme 2014-15 2015-16 2016-17 2017-

18*

SSA Scheme 159.25 129.36 122.50 138.49

MDM scheme 166.80 117.31 170.41 102.76

Note: 2017-18* - up to February 28, 2018, âs of 2016-17, 2017-18* - up to December 31, 2017; ^ up to September 30, 2017

Literacy rates (%) (Census 2011)

Funds released under education schemes for West Bengal –

US$ million

West Bengal’s education statistics

Source: National Rural Health Mission, Census 2011, Ministry of Human Resource Development, Wsst Bengal Economic Survey 2017-18, State Report Card


SOCIAL INFRASTRUCTURE – HEALTH

The active health infrastructure of West Bengal comprises 98 sub district hospitals, 75 district hospitals, 1,455 primary health centres, 507

community health centres and 10,455 sub-centres as of June 15, 2018.

As per state budget 2018-19, US$ 1,354.67 million was allocated to the Health and Family Welfare department.

38 Critical Care Units (CCUs) and 22 High Dependency Units (HDUs) are functional in the state, as per the state’s Economic Survey 2017-18.

The state was allocated US$ 134.21 million worth of funds under National Rural Health Mission (NRHM), up to December 2017. Out of the

allocation the state has incurred expenditure of US$ 91.16 million under the scheme, up to September 2017.

Active sub-centres 10,426

Active primary health centres 1,455

Active community health centres 507

Active sub-district hospitals 98

Active district hospitals 75

Health infrastructure – (As of June 15, 2018)

Birth rate1

15.4

Death rate1

5.8

Infant mortality rate2

25

Health indicators (2016)

Source: West Bengal Budget 2016-17, Department of Finance, Government of West Bengal

Source: 1Per thousand persons, 2Per thousand live births, 2017-18* - up to December 31, 2017; ^ up to September 30, 2017

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* 134.21 145.49 91.16^

Funds allocated and released and expenditure under National

Rural Health Mission (NRHM)- US$ million

WEST BENGAL

INDUSTRIAL

INFRASTRUCTURE


INDUSTRIAL INFRASTRUCTURE

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.

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.

West Bengal’s major industrial areas are Haldia, Kolkata, Asansol-

Durgapur region, and Kharagpur.

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.

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 till 2020.

Source: West Bengal Industrial Development Corporation, State Budget 2018-19

Some of the industrial parks in West Bengal

Project name Industry

Food Park (Phase-I & II ) Food processing

Poly Park Polymer products

Rubber Park Rubber footwear, hoses, tubes,

automotive rubber products

Kolkata Biotech Park Biotechnology products

Plasto Steel Park (Phase-I & II) Iron and steel and plastic products

Vidyasagar Industrial Park Engineering and manufacturing

Shalboni Industrial Park Iron & steel

Panagarh Industrial Park Engineering and manufacturing

Raghunathpur Steel & Allied

Industrial Park Iron & steel, cement and power

Foundry Park (Phase-I & II ) Castings, forge and foundry

products

Rishi Bankim Industrial Park Multi-product

Garment Park Garments

Shilpangan (Light Engineer.

Park) Light engineering products

WEST BENGAL

KEY SECTORS

Tea

Petroleum and Petrochemicals

Information Technology

Agriculture and Allied Industries

Tourism


KEY INDUSTRIES – TEA … (1/2)

West Bengal is the second-largest tea growing state in India.

Total tea production in West Bengal stood at 387.86 million kgs in

2017-18, accounting for 29.27 per cent share of India’s total

production.

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.

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)

23

3.1

0

22

1.2

0

22

9.8

0

22

6.4

0

27

9.3

0

31

2.9

0

32

4.2

6

32

9.6

0

35

7.3

9

38

7.8

6

15

.73

0

50

100

150

200

250

300

350

400

450

200

8-0

9

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

201

8-1

9*

Note: 2018-19*- During April 2018


KEY INDUSTRIES – TEA … (2/2)

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.

Goodricke Group Ltd

(GGL)

Mcleod Russel India

Ltd

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.

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.

Tata Global Beverages

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.

Source: Company Websites, News Articles


KEY INDUSTRIES – PETROLEUM AND

PETROCHEMICALS … (1/2)

West Bengal accounted for around 3.13 per cent of the country’s

refinery crude throughput in 2016-17. The state accounts for about

4.99 per cent of the total onshore production of natural gas in India,

as of 2017-18.

Indian Oil Corporation is going to invest Rs 10,000 crore in its Haldia

refinery over a period of four years to comply with Bharat Stage VI. In

the first phase of investment, the company is going to set up a hydro

cracker unit which will increase its production capacity to 8 MTPA

from 7.5 MTPA.

Mitsubishi Chemicals and Corporation, a Japan based chemicals

major, has invested US$ 780 million in a Purified Terepthalic Acid

(PTA) plant at Haldia.

Source: Petroleum Planning and Analysis Cell, PNG Statistics 2016-17

Production of natural gas in West Bengal (million cubic meters)

15

6.4

9

22

3.6

8

38

9.4

2

55

5.0

7

53

1.0

7

62

.94

0.00

100.00

200.00

300.00

400.00

500.00

600.00

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8

201

8-1

9*^

Note: 2018-19* - up to April 2018, Încluding Madhya Pradesh and Jharkhand


KEY INDUSTRIES – PETROLEUM AND

PETROCHEMICALS … (2/2)

IOCL is India's largest company by sales and 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. Indian Oil Corp Ltd

(IOCL)

Oil India Ltd (OIL)

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.

Haldia Petrochemicals

Ltd (HPL)

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.



KEY INDUSTRIES – INFORMATION TECHNOLOGY …

(1/2)

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

per cent by 2030. Total export from IT sector of the state is estimated

to have crossed Rs. 19,000 crores (US$ 2.83 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.

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: State Budget 2018-19, State Economic Survey 2017-18

IT Exports from West Bengal (US$ billion)

1.8

6

2.1

9

2.0

6

2.0

7

2.2

4

2.2

9

2.8

3

0.00

0.50

1.00

1.50

2.00

2.50

3.00

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

Note: Exchange rates used are average for the year


KEY INDUSTRIES – INFORMATION TECHNOLOGY …

(2/2)

Genpact

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.

HCL

HCL Technologies 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.

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.

Tata Consultancy

Services (TCS)

Cognizant Technology

Solutions (CTS)

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.



KEY INDUSTRIES – AGRICULTURE AND ALLIED

INDUSTRIES

Source: Department of Animal Husbandry, Dairying & Fisheries, Department of agriculture cooperation and farmers welfare

West Bengal’s fish production (in million tonnes)

1.4

7

1.4

9

1.5

8

1.6

2

1.6

7

1.7

0

1.3

4

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

1.60

1.80

2.00

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8^

West Bengal has six agro-climatic zones & offers a diverse variety of environments for agriculture and horticulture production.

Horticulture production in the state stood at 30.67 million tonnes in 2017-18.

The state has a long coastline (over 150 km) & innumerable water bodies, reflecting the huge potential for inland fishing and fish cultivation.

Rice is the principal food crop of West Bengal. The state is the largest producer of rice in India. In 2017-18, rice production reached 14.99 million

tonnes.

West Bengal’s rice production (in ’000 tonnes)

14

,34

0.7

0

13

,04

5.9

0

14

,60

5.8

0

15

,02

3.7

0

15

,37

0.7

0

14

,67

7.2

0

15

,95

3.9

0

15

,30

2.5

0

14

,99

0.0

0

0

5000

10000

15000

20000

200

9-1

0

201

0-1

1

201

1-1

2

201

2-1

3

201

3-1

4

201

4-1

5

201

5-1

6

201

6-1

7

201

7-1

8*

Note: *As per second advance estimates, ûp to December 2017


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

Subhash 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 per cent 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 per cent of the overall

foreign tourists that visited India).

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

200

5

200

6

200

7

200

8

200

9

201

0

201

1

201

2

201

3

201

4

201

5

201

6

CAGR 16.26%

Source: Ministry of Tourism, Government of India

WEST BENGAL

KEY PROCEDURES

& POLICIES


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.


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.


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: [email protected] Website: http://www.wbidc.com/

West Bengal Industrial Infrastructure Development Corporation (WBIIDC) 5-Council House Street, Third floor, Kolkata – 700011

Phone: 22305804-08 Email: [email protected]

West Bengal Small Industries Development Corporation Limited (WBSIDC) Shilpa Bhawan, 31 Black Burn Lane, Kolkata-700 012,

Phone: 91-033-2237 3895 Email: [email protected]

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: [email protected]

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: [email protected] Website: www.wbfconline.org


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


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


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

Read more

Read more

Read more

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. Read more

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 Read more

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 Read more

http://bengalglobalsummit.com/pdf/policies/Start-up-Policy-2016-2021.pdf

http://bharatchamber.com/MSME-policy-2013-18.pdf

http://www.wbidc.com/images/pdf/Investment_Industrial_Policy_West_Bengal_2013.pdf

http://bengalglobalsummit.com/pdf/policies/West-Bengal-ICT-Policy-2012.pdf

http://bengalglobalsummit.com/pdf/policies/West-Bengal-ICT-Incentive-Scheme-2012.pdf

http://wbhed.gov.in/readwrite/uploads/biotechnology/Biotechnology Policy.Revised.PDF


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

Read more

Read more

http://wbtourism.gov.in/tourism_gb/files/document/Tourism_policy.pdf

http://www.sezindia.nic.in/writereaddata/statePolicies/west bengal policy.pdf

WEST BENGAL

ANNEXURE


ANNEXURE…(1/2)-SOURCES

Data Sources

GSDP (state) Economic Survey 2017-18

Per capita GSDP figures Economic Survey 2016-17, Economic Survey 2017-18

GSDP (India) Central Statistics Office

Installed power capacity (MW) Central Electricity Authority

Wireless subscribers (No) Telecom Regulatory Authority of India

Internet subscribers (Mn) Telecom Regulatory Authority of India

National highway length (km) NHAI, Roads and Building Department-Government of India

Airports (No) Airports Authority of India

Literacy rate (%) Census 2011

Birth rate (per 1,000 population) SRS Bulletin September 2017

Cumulative FDI equity inflows (US$ billion) Department of Industrial Policy & Promotion

Operational PPP projects (No) DEA , Ministry of Finance, Government of India

Operational SEZs (No) Notified as of December 2017, Ministry of Commerce & Industry, Department of Commerce,

December 2017


ANNEXURE…(2/2)-EXCHANGE RATES

Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)

Year INR INR Equivalent of one US$

2004–05 44.95

2005–06 44.28

2006–07 45.29

2007–08 40.24

2008–09 45.91

2009–10 47.42

2010–11 45.58

2011–12 47.95

2012–13 54.45

2013–14 60.50

2014-15 61.15

2015-16 65.46

2016-17 67.09

2017-18 64.45

Year INR Equivalent of one US$

2005 44.11

2006 45.33

2007 41.29

2008 43.42

2009 48.35

2010 45.74

2011 46.67

2012 53.49

2013 58.63

2014 61.03

2015 64.15

2016 67.21

2017 65.12

Source: Reserve bank of India, Average for the year


DISCLAIMER

India Brand Equity Foundation (IBEF) engaged Aranca to prepare this presentation and the same has been prepared by Aranca in consultation with

IBEF.

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WEST BENGALKolkata as the next IT hub West Bengal is the largest producer of rice in India. Chinsurah, Rice research station is declared to be the best All India Coordinated Research