WEST BENGAL November 2010
WEST BENGAL
November 2010
Investment climate of a state is determined by a mix of factors
• • • •
Skilled and cost-effective labour Labour market flexibility Labour relations Availability of raw materials and natural resources
Resources/Inputs Incentives to industry • • • • •
• • • •
Procedures for entry and exit of firms Industrial regulation, labour regulation, other government regulations Certainty about rules and regulations Security, law and order situation
Investment climate of a state •
Tax incentives and exemptions Investment subsidies and other incentives Availability of finance at cost-effective terms Incentives for foreign direct investment (FDI) Profitability of the industry
• •
2
Regulatory framework Physical and social infrastructure
Condition of physical infrastructure such as power, water, roads, etc. Information infrastructure such as telecom, IT, etc. Social infrastructure such as educational and medical facilities
WEST BENGAL
November 2010
Contents Advantage West Bengal State economy and socio-economic profile Infrastructure status State policies and incentives Business opportunities Doing business in West Bengal
3
ADVANTAGE WEST BENGAL West Bengal November 2010
West Bengal – State profile •
Covering an area of 88,752 sq km, West Bengal is situated in Eastern India. The state shares international borders with Bangladesh, Bhutan and Nepal.
•
West Bengal has 19 administrative districts. Kolkata is the state capital. Siliguri, Asansol, Durgapur, Raniganj, Haldia, Kharaghpur, Darjeeling, Malda, Midnapore, Cooch Behar and Howrah are the other key cities in the state.
•
The Ganges (and its main distributary, Hoogly) is the main river flowing through the state. The other important rivers in the state include Damodar, Ajay, Kangsabati, Teesta, Torsa, Jaldhaka and Mahananda.
•
West Bengal's climate varies from tropical savannah in the Southern portions to humid sub-tropical in the North.
•
Bengali is the official language of the state, though English and Hindi are also widely used. Nepali is spoken primarily in the Darjeeling district.
•
West Bengal has a rich culture and literature. The festivals celebrated in the state are Durga Puja, Saraswati Puja and Kali Puja. 4
Source: Maps of India
ADVANTAGE WEST BENGAL West Bengal November 2010
Advantage West Bengal … (1/2)
Geographical advantage Because of its location, West Bengal offers definite advantage as the traditional domestic market in Eastern India, the Northeast and the land-locked countries of Nepal and Bhutan, which are easily accessible. The state is also an entry point to markets in Southeast Asia, via the Northeastern states.
Competitive cost of operation Kolkata, which is a metropolitan city, has a comparatively lower cost of operating a business as compared to the other cities such as New Delhi, Bangalore, Chennai, Hyderabad and Mumbai.
Endowed with natural resources West Bengal has abundant natural resources of minerals and suitable agro-climatic conditions for agriculture, horticulture and fisheries. West Bengal also has a prosperous hinterland of some mineral rich states like Jharkhand, Bihar and Orissa.
Source: Maps of India
5
ADVANTAGE WEST BENGAL West Bengal November 2010
Advantage West Bengal … (2/2)
Educational infrastructure The state is home to a number of renowned educational institutions and higher learning centres. There are 18 universities in the state along with sizeable research institutes.
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.
Large English speaking population Knowledge of English is an advantage of the workforce of West Bengal, especially in Kolkata, which is one of the four metropolitan cities of India.
Source: Maps of India
6
ADVANTAGE WEST BENGAL West Bengal November 2010
West Bengal in figures … (1/2) Parameter
West Bengal
All-states
Source
GSDP as a percentage of all states‟ GSDP
7.8
100.0
CMIE, as of 2007-08, current prices
Average GSDP growth rate (%)*
11.5
11.8
CMIE, 2000-01 to 2007-08, current prices
Per capita GSDP (US$)
883.8
992.5
CMIE, as of 2007-08, current prices
Installed power capacity (MW)
8,149.5
159,398.5
GSM cellular subscribers (No)#
22,226,828
456,586,162
Broadband subscribers (No)
246,896
4,981,976
National highway length (km)
2,578
70,548
Major and minor ports (No)
1+1
12 + 187
2
133
Airport Authority of India
Literacy rate (%)
68.6
64.8
Census of India, 2001
Birth rate (per 1,000 population)
17.5
22.8
Ministry of Health and Family Welfare, RHS Bulletin, March 2008
Economy
Physical infrastructure
Airports (No)
Central Electricity Authority, as of March 2010 Cellular Operators Association of India, as of June 2010 As of October 2008 Ministry of Road Transport & Highways, Annual Report 2008-09 Ministry of Shipping
Social indicators
*Calculated in Indian rupee terms #Includes Andaman & Nicobar Islands
7
ADVANTAGE WEST BENGAL West Bengal November 2010
West Bengal in figures … (2/2) Parameter
West Bengal
All-states
Source
Ease of doing business
Department of Industrial Policy and Promotion, April 2000 to May 2010
FDI inflows (US$ billion)
1.4**
120.2
Outstanding investments (US$ billion)
120.0
1,972.6
PPP projects (No)
8
515
www.pppindiadatabase.com
SEZ (No)
11
363
Notified as of July 2010, www.sezindia.nic.in
CMIE, as of March 2010
Industrial infrastructure
** FDI inflows for Reserve Bank of India „s (RBI‟s) Kolkata region, which includes West Bengal, Sikkim, Andaman & Nicobar Islands PPP: public private partnership, SEZ: special economic zone
Parameter
West Bengal Government
Policy support Sectors with specific policies
Industry, IT, SEZ, exports, biotechnology
Availability of labour
Adequate skilled labour available
8
ADVANTAGE WEST BENGAL West Bengal November 2010
Key industries with policy thrust and factor advantages Industry attractiveness matrix
High
Policy thrust
Biotechnology
Medium
IT Iron and steel Jute products Agriculture and horticulture Locomotives
Low
Medium
Tea Pisciculture and aquaculture
Leather and leather products Livestock and dairy products High
Factor advantage *Factor advantages include benefits due to geographical location and availability of factors such as talent pool, natural resources and capital
9
WEST BENGAL
November 2010
Contents Advantage West Bengal State economy and socio-economic profile Infrastructure status State policies and incentives Business opportunities Doing business in West Bengal
10
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
Socio-economic snapshot of West Bengal Parameters
West Bengal
Capital
Kolkata
Geographical area (sq km)
88,752
Administrative districts (No)
19
Population density (persons per sq km)
904
Total population (million)*
80.2
Male population (million)
41.5
Female population (million)
38.7
Population growth rate 1991-2001 (%)
17.8
Sex ratio (females per 1,000 males)*
934
Literacy rate (%)*
68.6
Male (%)
77.0
Female (%)
59.6
*Census 2001 Source: Economic Survey of West Bengal, 2007-08, Directorate of Economics and Statistics
11
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
West Bengal‟s GSDP •
•
At current prices, the Gross State Domestic Product (GSDP) of West Bengal was about US$ 76.9 billion in 2008-09.
West Bengal‟s GSDP 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02 2000-01 1999-00
The average annual GSDP growth rate from 1999-2000 to 2008-09, was about 11.4 per cent.
76.9 76.6 63.0 51.0 46.3 43.3 36.8 32.7 29.8 29.1 0.0
20.0
40.0
60.0
US$ billion Source: CMIE
12
CAGR 11.4%
80.0
100.0
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
West Bengal‟s NSDP •
•
At current prices, the Net State Domestic Product (NSDP) of West Bengal was about US$ 69.1 billion in 2008-09.
West Bengal‟s NSDP 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02 2000-01 1999-00
The average annual NSDP growth rate from 1999-2000 to 2008-09, was about 11.1 per cent.
69.1 69.1 57.0 46.1 42.1 39.6 33.7 30.0 27.4 26.9 0.0
20.0
40.0 US$ billion
Source: CMIE
13
CAGR 11.1%
60.0
80.0
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
The tertiary sector has an increasing share in West Bengal‟s economy •
•
In 2008-09, the tertiary sector contributed 54.9 per cent to the state‟s GSDP at current prices, followed by primary sector (21.9 per cent).
Percentage distribution of GSDP
CAGR 52.1
The share of the secondary sector in GSDP was 23.3 per cent in 2008-09 vis-à-vis 16.5 per cent in 1999-2000, its growth being driven by registered and un-registered manufacturing.
54.9
16.5 31.5
•
Manufacturing registered the highest growth of 9.9 per cent between 1999-2000 and 2008-09. It was followed by the mining and quarrying at 7.1 per cent.
1999-2000 Primary Sector Source: CMIE
14
23.3
15.6%
21.9
6.9%
2008-09 Secondary Sector
11.9%
Tertiary Sector
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
Per capita GSDP •
The state‟s per capita GSDP in 2008-09 was US$ 879.4.
•
The per capita GSDP increased at a CAGR of 10.2 per cent between 1999-2000 and 2008-09.
•
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. Per capita GSDP 1,000.0 900.0 800.0
879.4
2007-08
2008-09
734.4
700.0 600.0 US$
883.8
500.0 368.4
372.7
1999-2000
2000-01
400.0
405.2
522.2
552.3
2003-04
2004-05
600.7
449.7
300.0 200.0 100.0 0.0 2001-02
2002-03
Source: CMIE
15
2005-06
2006-07
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
Consumer expenditure on household goods and services •
West Bengal is ahead compared to all-India in share of per capita expenditure on food and medical.
•
With regards to share of expenditure on education and durable goods, the state is comparable to the allIndia level. Share of average monthly per capita expenditure on household goods and other services 50.0% 40.0%
70.0%
Urban
39.6% 42.6%
60.0%
Rural
57.9% 52.3%
50.0% 30.0%
40.0%
20.0%
30.0% 7.1% 6.9%
10.0%
5.2%
6.9%
20.0% 4.2% 3.2%
10.0%
3.7% 4.0%
6.3% 6.5% 3.6%
2.5%
0.0%
0.0% Food
Education All-India
Medical
Food
Durable goods
Education All-India
West Bengal
Source: Household Consumer Expenditure in India, 2007-08 NSS 64th Round
16
Medical West Bengal
Durable goods
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
Socio-economic profile of key cities •
Kolkata, Siliguri, Asansol, Durgapur, Raniganj, Haldia, Kharaghpur, Darjeeling, Malda, Midnapore, Cooch Behar and Howrah are the key cities and towns in the state.
•
Kolkata is the capital and the largest city in West Bengal. It is the third-largest urban agglomeration and fourth-largest city in terms of area in India. It is the main business, commercial and financial hub of Eastern India and the Northeastern states.
•
Siliguri is the commercial nerve centre of North Bengal. It is also the transit point for air, road and rail traffic to the neighbouring countries of Nepal, Bhutan and Bangladesh.
•
Asansol, a coal mining and industrial metropolis and, one of the busiest commercial centres in India, is the second-largest city in West Bengal, after Kolkata.
•
Durgapur is an industrial city and, is West Bengal‟s third-largest city after Kolkata and Asansol. The city houses a number of power plants, chemical and engineering industries.
•
Raniganj, located in the Bardhaman district is known for its coalfields.
•
Darjeeling is internationally famous for its tea industry and the Darjeeling Himalayan Railway is a world heritage site.
•
Cooch Behar is a planned town in North Bengal region with remnants of royal heritage; it is a tourist destination. 17
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
Key industries in West Bengal •
•
•
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. As of 2007, there were 900,419 small scale enterprises, accounting for 7 per cent of total such units in the country.
Key industries in West Bengal •
• • • • • • • • • • • • • • • •
•
The index of industrial production (IIP) in the state stood at 216.9 in May 2010, registering a growth of 1.9 per cent over May 2009.
18
Tea Petroleum and petrochemicals Leather Iron and steel IT Mineral resources Automobile and auto components Biotechnology Fisheries Agriculture and horticulture Livestock and dairy products Chemicals Textiles Jute products Vegetable oils Electronics Engineering goods
Source: West Bengal Government website
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
District-wise key industries District
Key industries
Burdwan
Iron and steel, fertiliser, mining, equipment manufacturing and cement.
North 24-Parganas
Printing and bookbinding, cement, oilseed milling and general electrical works.
South 24-Parganas
Cement, agro-based industry, chemicals and equipment manufacturing.
Hooghly
Rice mills, rubber and chemicals.
Howrah
Foundry, re-rolling mills, basic metal and products, electrical and electronics, transport equipment and spares, and moulded rubber goods.
Bardhaman
Rice and oilseed mills, cutlery, tool manufacturing, iron and steel, fertilisers, mining, equipment manufacturing and cement.
Darjeeling
Tea and tourism.
Bankura
Food processing, textiles, plywood, veneer mills, paper and particle board.
Nadia
Food processing, jute, pipes and tubes, electronics and computer peripherals.
North Dinajpur
Food products, hosiery, garments, chemicals, engineering and fabrication.
Purulia
Sponge iron and non-metallic products.
Cooch Behar
Fertiliser, jute, electrical casing, mustard-oil mill and food processing.
South Dinajpur
Agro- and food-based units, mineral- and forest-based industry, chemicals, handicrafts, engineering and IT.
19
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
Rice, vegetables, sugarcane and wheat are the key agricultural products of West Bengal •
•
•
•
•
•
Agriculture is the chief occupation of the people of West Bengal. It contributed 16.9 per cent to the state‟s GSDP in 2008-09.
Rice, potato, jute, sugarcane and wheat are the top five crops of the state. In 2008-09, the total production of these major crops was over 34.9 million tonnes, accounting for over 80 per cent of the total crop production of the state. Rice is the principal food crop of West Bengal. The state is the largest producer of rice in India with an annual output of 15.0 million tonnes. Other major food crops include maize, pulses, oil seeds, coconut and tea. The state supplies nearly 66 per cent of the jute requirements of India and stands first in the country in jute production.The districts of Jalpaiguri and Cooch Behar are the key production centres of jute.
Tea is another important cash crop. Tea gardens in the state are located in Darjeeling and Jalpaiguri, the two Northern districts of West Bengal. 20
Crop
Annual production as of 2008-09 („ooo tonnes)
Rice
15,037.3
Potato
9,900.3
Jute
7,872.6
Sugarcane
1,405.0
Wheat
764.5
Maize
343.4
Rapeseed & mustard
315.3
Onion
273.8
Coconut
245.4
Tea
233.1
Source: CMIE
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
West Bengal‟s exports trends •
•
•
West Bengal is one of the country‟s leading exporters of finished leather goods. In 2008-09, the state accounted for around 15.7 per cent of the country‟s exports of leather and leather products.
Exports of leather and leather products (US$ million) Leather gloves
•
West Bengal is also a leading tea exporter.
315.4 287.9 14.4 9.5 2.0 2.8 28.2 35.1 3.4 4.9
Leather garments Footwear components Finished leather Leather footwear 0.0
Flower exports of the state amounted to US$ 14 million in 2008-09 (April to February), as against US$ 10 million in 2007-08. The state has the country‟s largest brackishwater resources for shrimp farming and, has been a leading exporter of shrimps from India, which is the largest exporter of shrimps in the world.
205.5
Leather goods
West Bengal is also the country‟s leading exporter of flowers. The state accounted for around 70 per cent of India‟s dried flower exports in 2008.
•
145.3
100.0
200.0
2008-09 Source: CLE
21
300.0
2007-08
400.0
STATE ECONOMY AND SOCIO-ECONOMIC PROFILE West Bengal November 2010
Investments and FDI inflows •
•
•
According to the RBI, FDI inflows from April 2000 to May 2010 amounted to US$ 1.4 billion*.
Break up of investments by sector 1% 4%
As of March 2010, outstanding investments in the state were US$ 120 billion.
Manufacturing 21%
32%
Mining Electricity
Manufacturing and electricity sectors accounted for about 64 per cent of the state‟s total outstanding investments.
Services Irrigation 32%
*FDI inflows for RBI‟s Kolkata region, which includes West Bengal, Sikkim, and Andaman and Nicobar Islands.
As of March 31, 2010 Source: CMIE
22
10%
Construction
WEST BENGAL
November 2010
Contents Advantage West Bengal State economy and socio-economic profile Infrastructure status State policies and incentives Business opportunities Doing business in West Bengal
23
INFRASTRUCTURE STATUS West Bengal November 2010
Road network … (1/2) •
•
West Bengal has a total road length of 92,023 km, with a road density of 1.04 km per sq km. There are 14 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 Bengal. As of December 2009, four-laning of Dhankuni-Kolaghat (54.4 km) KolaghatKharagpur (60.5 km) and Kharagpur-Laxmanath (65.8 km) sections had been completed. Almost 40 per cent of the GQ‟s Kolkata-Chennai link and 96 per cent of the Delhi-Kolkata link had also been completed.
24
Road type
Road length (km) as of 2009
Total road length
92,023
National Highways
2,578
State Highways
3,533
Source: Ministry of Road Transport & Highways
INFRASTRUCTURE STATUS West Bengal November 2010
Road network … (2/2) •
A number of road development projects have been taken up under public private partnerships (PPP).The berth 4A (Haldia) project, KolkataDurgapur 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.
Source: Maps of India
25
INFRASTRUCTURE STATUS West Bengal November 2010
Railways •
West Bengal is well connected through the railway network. The railway route length in the state is around 4,500 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 Locomotive Works (LCW) located on the West BengalJharkhand border, with a production capacity of 230 engines.
•
Indian Railways has also proposed to set up an electric locomotive assembly and ancillary unit at Dankuni,West Bengal.
Source: Maps of India
26
INFRASTRUCTURE STATUS West Bengal November 2010
Airports •
West Bengal has a domestic and an international airport.
•
The Netaji Subhash Chandra Bose International Airport is located in Dum Dum, 18 km from Kolkata; the domestic airport is at Bagdogra (Siliguri).
•
In 2008-09, the total commercial traffic at Kolkata airport included about seven million passengers and 88,040 tonnes of freight.
•
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 modernised at a cost of US$ 435 million. The project is expected to be completed by August 2011. It will include a new terminal, modern taxiways and extension of a runway. The upgrade will raise the airport‟s handling capacity to around 20 million passengers, annually, from five million as of 2009.
•
Bengal Aerotropolis Projects Limited (BAPL) is developing India‟s first set of airport cities – „Aerotropolis‟ near the Durgapur-Asansol region at a cost of US$ 2.2 billion. 27
Bagdogra
Kolkata
International airport
Domestic airport
INFRASTRUCTURE STATUS West Bengal November 2010
Ports
Inland waterways
•
West Bengal has two modern ports located at Kolkata and Haldia; Kolkata is a major port.
•
In 2007-08, the combined volume of goods handled by both the ports was over 53.3 million tonnes.
•
•
Government of India has declared the entire stretch of the Ganges between Haldia and Allahabad as National Waterway (NW)-1
•
The 560 km Haldia-Farakka 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.
•
The State Government has initiated plans to reclaim the 43 km north-canal system that stretches from the river Hoogly to river Raimangal on the Bangladesh border.
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.
Kolkata Haldia 28
INFRASTRUCTURE STATUS West Bengal November 2010
Power •
As of March 2010, West Bengal had a total installed power generation capacity of 8,149.5 MW, which comprised 6,013.6 MW under state utilities,1,361.7 MW under the private sector and 774.3 MW under the central sector.
Installed power capacity (MW) 9,000.0
7,431.7
8,000.0
7,731.7
8,149.5
7,000.0
•
As of March 2010, West Bengal had 6,233.6 MW of thermal power, 977.0 MW of hydro power and 164.7 MW of renewable energy sources.
6,000.0
5,564.7
5,300.4
2005-06
2006-07
5,000.0 4,000.0
3,000.0
•
•
The State Government is encouraging setting up of renewable energy-based power plants.
2,000.0 1,000.0 -
West Bengal State Electricity Distribution Company Limited (WBSEDCL) has come into effect from April 1, 2007 after restructuring of erstwhile West Bengal State Electricity Board. WBSEDCL is a major power utility of the state with consumer strength over 7.4 million, five zones, 17 circles, 52 distribution divisions and 478 electric supply offices.
2007-08
Source: Central Electricity Authority
29
2008-09
2009-10
INFRASTRUCTURE STATUS West Bengal November 2010
Telecom •
•
•
According to estimates by the Telecom Regulatory Authority of India, there were 25.2 million wireless connections and 905,816 wireline subscribers in West Bengal as of March 2010.
Telecom infrastructure GSM cellular subscribers: 22,226,828 Internet subscribers: 929,192 Post offices: 9,028
Kolkata offers about 580 Mbps of international satellite connectivity through Tata-owned Videsh Sanchar Nigam Limited (VSNL) and Software Technology Parks of India (STPI).
Telephone exchanges: 269 Wireless subscribers: 25,165,389
Wire-line subscribers: 905,816
The state has two satellite earth stations at Kharagpur and Durgapur.The Department of Telecommunications has selected Digha in the East Midnapore district as the cable landing station for the submarine-cable laying project connecting India and Southeast Asia.
Sources: Cellular Operators Association of India, Ministry of Communications & Information Technology, Telecom Regulatory Authority of India As of 2010
Telecom operators in West Bengal • •
Source: Cellular Operators Association of India
• • • • •
30
Dishnet Wireless Bharti Airtel BSNL IDEA Cellular Reliance Telecom Vodafone Essar Tata Docomo
INFRASTRUCTURE STATUS West Bengal November 2010
Urban infrastructure … (1/2) •
Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), 50 projects costing US$ 1.1 billion have been sanctioned for West Bengal. The projects have been sanctioned for completion between 2006-07 and 2009-2010. Key areas of development are water supply, sewerage, solid-waste management, construction of flyovers and water treatment.
•
Under the JNNURM, the schemes for all urban areas of the state, except the Kolkata Metropolitan Area and Asansol Urban Area, have been included the schemes of Urban Infrastructure Development Scheme for Small & Medium Towns (UIDSSMT) and Integrated Housing & Slum Development Programme (IHSDP).
•
Under the UIDSSMT scheme, projects for 26 small and medium towns have been sanctioned at an estimated cost of US$ 81.4 million. Under the IHSDP scheme, projects for 56 towns have been sanctioned at the cost of US$ 112 million.
31
INFRASTRUCTURE STATUS West Bengal November 2010
Urban infrastructure … (2/2) Externally aided programmes are as follows: Project
Description
Kolkata Urban Services for the Poor (KUSP)
Programme for 40 urban local bodies (ULBs) within Kolkata Metropolitan Area, excluding Kolkata Municipal Corporation, at a cost of US$ 155 million.
Kolkata Environment Improvement Project (KEIP)
Project with the assistance from the Asian Development Bank and the Department for International Development (DFID), at a cost of US$ 1.7 billion.
Italian Assisted Solid Waste Management & Water Supply Projects
Project for water supply and solid-waste management in selected towns of West Bengal, at a cost of US$ 34 million.
32
INFRASTRUCTURE STATUS West Bengal November 2010
Key public private partnership projects Project cost
Project name
Sector
PPP type
Berth 4A (Haldia) project
Ports
BOT-Toll
43.4
In operation
Kolkata-Durgapur expressway
Roads
BOT-annuity
93.9
In operation
Palsit-Dankuni
Roads
BOT-annuity
93.9
In operation
Panagarh-Palsit
Roads
BOT-annuity
76.1
In operation
Vivekananda bridge and approach
Roads
BOT-Toll
140.0
Pipeline
Baharampore-Farakka
Roads
BOT-Toll
210.0
Construction
Farakka-Raiganj
Roads
BOT-Toll
227.6
Construction
Raiganj-Dalkhola
Roads
BOT-Toll
122.4
Construction
Source: pppindiadatabase.com BOT: Build-operate-transfer
33
(US$ million)
Stage
INFRASTRUCTURE STATUS West Bengal November 2010
Education sector … (1/2) •
•
According to Census 2001, West Bengal‟s literacy rate was 68.6 per cent; the male literacy rate was 77.0 per cent and the female literacy rate was 59.6 per cent.
West Bengal‟s education statistics*
As of 2008-09, the state had 49,893 primary schools, 980 upper primary schools, 4,582 secondary schools and 9,659 high and higher secondary schools.
Literacy rates (%) Literacy rate
68.6
Male literacy
77.0
Female literacy
59.6
Number of schools
Primary: 49,893 Upper primary: 980 Secondary: 4,582 High and higher secondary: 9,659
Pupil-teacher ratio
All schools: 47 Primary: 44 Upper primary: 57
Net-enrolment ratio
Primary: 84.5 Upper primary: 54.6
Number of teachers
272,923
*As of 2008-09 Source: West Bengal District Information System For Education (DISE), 2008-09
Source: Census of India, 2001
34
INFRASTRUCTURE STATUS West Bengal November 2010
Education sector … (2/2) •
•
West Bengal has 18 universities, 53 engineering colleges, 450 degree colleges, 43 polytechnics, 50 industrial training institutes, 29 management institutes and nine medical colleges. The West Bengal government merit-cum-means scholarship scheme has been instituted for providing financial assistance to the poor and meritorious students of the state for pursuing higher education. The scholarship amount varies from US$ 10 to US$ 33 per month.
Premier institutions in West Bengal • • • • • • • • •
• • •
Educational infrastructure* • • • • •
• •
•
Universities: 13 Engineering colleges: 67 Degree colleges: 450 Polytechnics: 43 Industrial training institutes and industrial training centres: 50 Management institutes: 29 Medical colleges: 9
* As of 2007-08 Source: Economic Survey of West Bengal, 2007-08
35
•
University of Calcutta Jadavpur University National Institute of Technology Rabindra Bharati University Vidyasagar University Burdwan University West Bengal University of Health Sciences Indian Statistical Institute Indian Institute of Technology Indian Institute of Management Bengal Engineering & Science University Indian Institute of Foreign Trade Indian Association for Cultivation of Science Indian Institute of Chemical Biology
INFRASTRUCTURE STATUS West Bengal November 2010
Health infrastructure … (1/2) •
The health infrastructure of West Bengal comprised 2,081 hospitals, 1,269 health centres and 10,356 sub-centres, as of 2007-08.
Health indicators as of 2008
•
Bardhaman health city, the first health project in West Bengal is being set up near the Durgapur Expressway, at a cost of US$ 217 million.
•
The health city, which is expected to be ready by 2012, will have facilities such as medical colleges, blood banks, ambulance pool, pharmacy and others.
Birth rate (per 1,000 persons)
17.5
Death rate (per 1,000 persons)
6.2
Infant mortality rate (per 1,000 live births)
35.0
Source: Ministry of Health and Family Welfare, Sample Registration System 2008
Health infrastructure ^ • • • •
Hospitals: 2,081 Beds: 82,160 Health centres: 1,269 Sub-centres: 10,356
^As of 2007-08 Source: West Bengal Economic Survey, 2007-08
36
INFRASTRUCTURE STATUS West Bengal November 2010
Health infrastructure … (2/2) •
The state has launched the Antoyadaya Anna Yojana (AAY) scheme to ensure that families get food grains; 200,000 family cards for getting food grains have been given under the AAY scheme, which targets 320,000 people.
•
The mid-day-meal programme is being run in various urban local bodies; 4,582 primary schools including Swayam Shikshan Prayog (SSP) centres are running the programme with 800,000 beneficiary students.
•
The Sishu Shiksha Prakalpa centres have been constituted to bring all children in the age between five and nine years in the municipal areas under primary education. These centres are funded by the State Government. As of 2009, there were1,032 Sishu Shiksha Prakalpa centres in the state.
•
The community-based primary healthcare service has been formulated with the objective of bringing an overall improvement in the urban health scenario in West Bengal; 62 urban local bodies have completed training of honorary health workers. The programme budget for three years (2006-07 to 2008-09) was US$ 12.7 million.
37
INFRASTRUCTURE STATUS West Bengal November 2010
Cultural infrastructure •
Cricket and football (soccer) are popular sports in the state. Kolkata is one of the major centres for football in India and, is home to top national clubs such as East Bengal, Mohun Bagan and Mohammedan Sporting Club.
•
Eden Gardens, Salt Lake Stadium and Netaji Indoor Stadium are some of the well known sports stadiums in the state. West Bengal is known for its premier sports clubs viz., Royal Calcutta Golf Club, Tollygunge Club, Royal Calcutta Turf Club, Calcutta Rowing Club and Calcutta Cricket and Football Club.
•
Bengal had been the harbinger of modernism in fine arts. Birla Academy of Art and Culture Museum, Rashtriya Lalit Kala Academy, Academy of Fine Arts, Asiatic Society and Ashutosh Museum of Indian Arts are some of the art establishments in the state.
•
West Bengal has a rich culture and literature. Music forms in West Bengal include Rabindra Sangeet, Nazrul Geeti, Adhunik, Shyamashangeet, Jibonmukhi, Baul, Gombhira and Bhawaiya,
•
Dance forms include Gouriyo Nrityo, Rabindra Nritya, Chhau, Raibense dance, Jhumar and Adhunik Nritya. Jatra is the traditional theatre form of Bengal.
38
INFRASTRUCTURE STATUS West Bengal November 2010
Industrial infrastructure … (1/5) •
•
•
•
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.
List of IT projects in Kolkata Project name
Location
Technopolis
Sector V, Salt Lake City
Globsyn Crystals
Sector V, Salt Lake City
Infinity-Benchmark
Sector V, Salt Lake City
Infinity-Waterside
Sector V, Salt Lake City
Millennium City
Sector V, Salt Lake City
The Hub
Sector V, Salt Lake City
West Bengal‟s major industrial areas are Haldia, Kolkata, Asansol-Durgapur region, and Kharghpur.
Infinity (Tower-II)
Sector V, Salt Lake City
Videocon-Salarpuria
Sector V, Salt Lake City
Bengal Intelligent Park
Sector V, Salt Lake City
WBIDC helps get clearances required for setting up industry. It also focuses on sector-specific infrastructure for industries such as food, apparel, biotechnology, IT and electronics.
Ascendas
Rajarhat
Keepeland
Rajarhat
DLF
Rajarhat
Unitech Group
Rajarhat
Sunrise City
EM Bypass
The Naba Diganta Industrial Township was set up in January 2006, in the Kolkata‟s Salt Lake township, to encourage IT and related industries.
Source: West Bengal Industrial Development Corporation
39
INFRASTRUCTURE STATUS West Bengal November 2010
Industrial infrastructure … (2/5) Notified SEZs in West Bengal
Uttarpara: IT/ITeS Park
24 Parganas: IT/ITeS Park, electronic and hardware park Rajarhat, Kolkata: IT/ITeS Parks (3)
Durgapur: IT/ITeS Park
Burdwan: IT/ITeS Park, nonconventional energy park
40
INFRASTRUCTURE STATUS West Bengal November 2010
Industrial infrastructure … (3/5) Industrial parks in West Bengal
Borjora, Bankura district: Plasto Steel Park (Phase-I & II)
Kolkata: Garment Park, Shilpangan (Light Engineering Park)
Howrah: Food Park Poly Park, Rubber Park, Apparel Export Park, Foundry Park
West Midnapore district: Biotech Park, Iron & Steel Parks (2)
41
INFRASTRUCTURE STATUS West Bengal November 2010
Industrial infrastructure … (4/5) Industrial parks in West Bengal Name
Products/services
Location
Food Park (Phase-I & II )
Food processing
Sankrail, (Howrah district)
Poly Park
Polymer products
Sankrail, (Howrah district)
Rubber Park
Rubber footwear, hoses, tubes, automotive rubber Sankrail, (Howrah district) products
Biotech Park
Biotechnology projects
Dewanmara (West Midnapore district)
Plasto Steel Park (Phase-I & II)
Iron and steel and plastic products
Borjora (Bankurna district)
Iron & Steel Park
Steel products
Kharagpur (West Midnapore district)
Iron & Steel Park
Steel products
Jhargram ( West Midnapore district)
Foundry Park
Castings, forge and foundry products Garments, buttons, accessories, washing/ processing Garments
Howrah
Light engineering products
Kolkata
Apparel Export Park Garment Park Shilpangan (Light Engineering Park)
Source: West Bengal Industrial Development Corporation
42
Uluberia, (Howrah district) Kolkata
INFRASTRUCTURE STATUS West Bengal November 2010
Industrial infrastructure … (5/5) Formally approved SEZs* Industry
Locations
IT/ITeS
SEZs with in-principal approval No of SEZs
Industry
Locations
Kolkata, Rajarhat, 24 South Paraganas, Burdwan, Asansol, Uttarpura, Jalpaiguri,
17
IT/ITeS
Siliguri
1
Electronic hardware and software
Mouza Karaidanga, North 24 Paraganas
3
Electronic hardware and software
Barsat (North 24 Paraganas)
1
Engineering
Howrah, North 24 Paraganas
3
Leather products
Bantola (Kolkata)
1
Biotechnology
Siliguri
1
Biotechnology
Panargarh (Burdwan)
1
Iron and steel
Durgapur, Howrah
2
Steel and allied products
West Medinipur
1
Textiles
Dankuni township
1
Free trade warehousing zone
Haldia
1
Multi-products
Kharagpur, Haldia
2
Metal
Mednipur
1
Non-conventional energy
Burdwan
1
*As of July 2010
*As of July 2010
Source: sezindia.nic.in
43
No of SEZs
INFRASTRUCTURE STATUS West Bengal November 2010
Major investments in the infrastructure sector •
•
•
As of March 2010, over US$ 22.2 billion of investments have been made in ramping up West Bengal‟s infrastructure.
Infrastructure type
About 54 per cent of the investments made in infrastructure have been in the area of power generation and distribution. Airport and railways are the other key infrastructure sectors attracting investments.
Power*
12,107.8
Airport
2,797.7
Railways
2,780.3
Roads
1,874.8
Shipping
1,862.5
Source: CMIE, as of March 2010 *Generation and distribution
44
Investments (US$ million)
WEST BENGAL
November 2010
Contents Advantage West Bengal State economy and socio-economic profile Infrastructure status State policies and incentives Business opportunities Doing business in West Bengal
45
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (1/11) West Bengal Biotech Policy, 2008 Aim: To facilitate the growth of biotech industries and the development of clean biotechnologies. Key initiatives: •
Conserving bio-diversity through mapping and sustainable use of bio-resources.
•
Spreading general awareness for optimum utilisation of biotechnology in the agriculture sector.
•
Creating a „centre of excellence for biotechnology‟ as a high quality support service to the biotech industry.
•
Facilitating the flow of venture capital funds and bank credit to biotech companies.
•
Creating research and development institutions of expertise and manpower quality in the state.
46
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (2/11) West Bengal Biotech Policy, 2008 (continued) Aim: To facilitate the growth of biotech industries and the development of clean biotechnologies. Incentives and concessions: •
State capital investment subsidy at 15 per cent of the fixed capital investment, subject to a limit of US$ 300,000.
•
Interest subsidy to the extent of 50 per cent of the annual interest liability on the loan borrowed from a commercial bank/financial institution/non-banking financial corporation approved by RBI, for implementation of an approved project, subject to a limit of US$ 200,000 per year.
•
Government will create opportunities for starting new biotechnology-based businesses by entrepreneurs and stimulate technological innovations. The government will aim to increase product commercialisation in public private sector for products acquired from government-funded R&D.
•
Other incentives as per the West Bengal Incentive Scheme for micro and small scale enterprises, 2007.
47
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (3/11) The West Bengal incentive scheme for micro- and small-scale enterprises (MSE), 2007 Aim: To provide incentives to the micro and small enterprises in the state. •
Applicable for all MSEs set up in the manufacturing sectors and, also the expansion projects of existing units/enterprises, on or after April 1, 2007.
•
The units may be in the private sector, cooperative sector, joint sector as also companies/undertakings owned and managed by the State Government and industrial self-help groups.
•
This scheme is applicable from April 1, 2007 for a period of five years, i.e., ending on March 31, 2012.
Incentives and concessions: •
State capital investment subsidy, ranging from 15 to 35 per cent of fixed capital investment.
•
Interest subsidy to the extent of 30 per cent of the annual interest liability on the term loan borrowed from a commercial bank or financial institution for implementation of the approved project.
•
Waiver of electricity duty on the electricity consumed for the production and/or operation, for a period of five years from the date of commercial production or operation.
•
Reimbursement of 80 per cent expenditure incurred by enterprise for paying its contribution towards employees state insurance and employees provident fund, depending on the location of the unit.
48
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (4/11) The West Bengal incentive scheme for micro- and small-scale enterprises (MSE), 2007 (continued) Incentives and concessions: •
Refund of stamp duty and registration fee paid for the purpose of registration of documents within the state, relating to purchase and/or acquisition of land and buildings for setting up of the approved project.
•
An eligible MSE of women or person belonging to the scheduled castes (SC) or scheduled tribes (ST) entrepreneur or selfhelp group will be entitled to 10 per cent additional incentives.
•
An existing leather MSE, which relocates to the Kolkata Leather Complex, will be entitled to fixed capital investment subsidy. If the relocation is accompanied by modernisation, the quantum of subsidy will be 25 per cent of fresh investment in plant and machinery.
•
Reimbursement of expenditure for modernisation up to 75 per cent for micro units and 50 per cent for small scale units, subject to a cap of US$ 10,000.
49
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (5/11) IT Policy of West Bengal, 2003 Aim: To utilise the potential benefits offered by IT for the development of the state. Key initiatives: •
Procedures under existing labour laws simplified to ensure smooth operations. In IT, where human resource inputs are highly flexible and mobile, the Government of West Bengal has committed to move from a regulated administration framework to a promotional framework to facilitate smooth functioning of the business.
•
The government permits self-certification to IT companies on various acts such as Payment of Wages Act, Minimum Wages Act, Contract Labour (Regulations & Abolition Act), Workmen‟s Compensation Act, Payment of Gratuity Act, Maternity Benefits Act, Employees State Insurance Act and Water and Air Pollution Act.
•
IT companies are awarded special status under various acts to improve infrastructure availability, enabling: •
Automatic clearances under the West Bengal Pollution Control Act.
•
Exemption from statutory power cuts.
•
Exemption from zoning regulations on application of company.
50
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (6/11) IT Policy of West Bengal, 2003 (continued) Incentives and concessions: Fiscal incentives: •
Exemption from consumption tax on computer hardware, computer peripherals and other capital goods including captive power generation sets, during the implementation stage.
•
Price preference for all West Bengal Government e-governance projects up to 5 per cent for an IT company with office in West Bengal and, employing a minimum of 20 per cent of its total workforce in its West Bengal operations.
•
For mega-projects that require investments exceeding US$ 5 million and employ more than 750 people in their first year of operation, the government may consider a special package of incentives on a case-to-case basis.
•
Exemptions from stamp duty and registration fee.
•
Exemptions from all state and local taxes on transaction with the SEZs; this also applies to supply from domestic tariff areas to the SEZ.
51
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (7/11) IT Policy of West Bengal, 2003 (continued) Incentives and concessions: Other incentives: •
State Government will assist IT companies in obtaining any academic/R&D support they require from the appropriate institutions.
•
The State Government has set up a regulatory authority to ensure enforcement, declare penalties (for violation, etc.) to help IT and ITeS companies provide additional comfort to their customers.
•
IT companies in the small scale sector will be reimbursed 50 per cent of the expenditure incurred by them to obtain ISO 9000 certificate or SEI-CMMi Level 5 or COPC-2000 or eSCM level 3, with a ceiling of US$ 0.01 million.
52
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (8/11) Special Economic Zone Act (SEZ), 2003 Aim: To develop the export potential of the state Key initiatives: •
SEZ units are permitted to take job work abroad and export goods from there, while continuing to be eligible for the benefits entitled to an SEZ.
•
SEZ units will have access to international finance at international rates through offshore banking units (OBU) to be set up within the SEZ.
•
Exemption from customs duty on import of capital goods, raw material, consumables and spares.
•
Entitlement of duty-free imports of samples upto US$ 6,000.
53
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (9/11) West Bengal Export Policy, 2003 Aim: To make exports a priority area, recognising the enormous export potential of the state. Key initiatives: •
The State Government has constituted three export awards viz., Best Exporter Award, Award for Quality and Best Small Scale Industry Exporter Award.
•
A commerce cell has been set up in the Directorate of Industries to look after all aspects of export promotion.
•
A state export promotion council has been set up in the Directorate of Industries, with the participation of commodity boards and export promotion councils located in Kolkata and the chambers of commerce and industry, in order to provide a forum for exchange of views, information sharing and removing hindrances and obstacles faced by exporters.
•
Round-the-clock movement of export cargo within Kolkata will be allowed on specified roads, in relaxation of existing orders prohibiting movement of trucks within the city during daytime.
•
The State Government will take steps to set up inland container depots and/or dry port facilities at the export centres to prevent difficulties in cargo storage, customs clearance and container availability at these locations.
•
The State Government will support and facilitate the setting up of export parks for various products, so that all the necessary infrastructure facilities are available at one place and regular monitoring is possible.
54
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (10/11) West Bengal Export Policy, 2003 (continued) Aim: To make exports a priority area, recognising the enormous export potential of the state. Incentives and concessions: •
Exemption from sales tax on proceeds from transfer of licenses, such as exim-scrip, replenishment license, advance license and duty entitlement passbook (DEPB) license.
55
STATE POLICIES AND INCENTIVES West Bengal November 2010
Sector-specific policies … (11/11) Industrial Policy of West Bengal, 1994 Aim: To generate industrial promotion and economic development in the state Key objectives: •
To attract foreign technology and investment, as may be appropriate.
•
To encourage private sector to accelerate growth.
•
To improve and upgrade industrial infrastructure, which is indispensable for accelerated growth of industries.
•
To improve social infrastructure facilities such as development of satellite township, housing, healthcare, education, water supply, hotels, etc.
•
To look at the joint and assisted sectors as effective instrument for mobilising necessary resources and expertise in important areas of economic activities.
56
WEST BENGAL
November 2010
Contents Advantage West Bengal State economy and socio-economic profile Infrastructure status State policies and incentives Business opportunities Doing business in West Bengal
Logos used in this section are registered trademarks of the respective companies
57
BUSINESS OPPORTUNITIES West Bengal November 2010
Tea •
West Bengal is the second-largest tea growing state in India, after Assam, and accounts for around 24 per cent of the total tea produced in India.
Key players • • •
•
•
As of 2007, 115,095 hectares of land was under tea cultivation.
• • • •
The total annual production of tea was 226.8 million kg (mkg), as of 2008.
• • •
•
•
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).
58
Tata Tea Limited Goodricke Group Limited Mcleod Russel India Limited Bagaria Group T&I Global Limited Williamson Magor Group Andrew Yule Group Teesta Valley Exports Limited Duncans Tea Limited Diana Tea Company Limited Hanuman Tea Company Limited Kamala Tea Company Norban Tea & Exports Limited
BUSINESS OPPORTUNITIES West Bengal November 2010
Tea – company profiles … (1/4) Tata Tea Limited
Goodricke Group Limited (GGL)
Mcleod Russel India Limited
Bagaria Group
•
Tata Tea Limited is the largest brand of tea in India. It acquired the UK-based Tetley Group in 2000.
•
The company has five major brands in the Indian market, viz.,Tata Tea, Tetley, Kannan Devan, Chakra Gold and Gemini.
•
It has its headquarters and six tea estates in West Bengal.
•
GGL, a part of Camellia plc. UK, is engaged in the cultivation, manufacture, and sale of tea in India.
•
It has 17 gardens, including three gardens in Darjeeling, two in Assam and 12 in Jalpaiguri.
•
Its turnover in 2009 stood at US$ 85.1 million on a total crop production of 20 million kg.
•
It launched cold tea and has entered the ready-to-drink products market in 2009.
•
Mcleod Russel India Limited produces around 80 million kg of tea every year from tea estates in Assam, West Bengal and Vietnam, employing 80,000 people.
•
The company has its registered office in Kolkata.
•
The six tea estates in Jalpaiguri district produce 6.5 million kg of tea, annually.
•
The Bagaria Group has operations in steel product manufacturing, tea estates and wind farms, with a group turnover of about US$ 112 million during 2009-2010.
•
The group has three tea estates in West Bengal. The Gyabaree and Millikthong tea estate is one of the biggest tea estates in Darjeeling with an annual production of 280,000 kg.
•
There are two other tea estates in Phuguri and Orange Valley in Darjeeling with a combined production of 300,000 kg.
59
BUSINESS OPPORTUNITIES West Bengal November 2010
Tea – company profiles … (2/4) T&I Global Limited (TIGL)
•
TIGL is among the leading manufacturers and exporters of tea processing machinery in the world, headquartered in Kolkata.
•
It is a government recognised export house, with a global market share of over 40 per cent. The company has a full-fledged manufacturing unit at Kolkata.
•
TIGL has set up a1,000 acre Mainak Hills Tea Estate and Green Tea factory in North Bengal. Mainak produces over 800,000 kg of tea per annum.
Williamson Magor Group
•
Williamson Magor Group, established in 1868, produces around 35 million kg of tea every year.
•
The Group has 28 tea estates, in Assam and West Bengal, including six tea estates in Dooars.
Andrew Yule Group
•
Andrew Yule Group, headquartered in Kolkata, is a US$ 124 million multi-product, multi-unit conglomerate.
•
The group has 15 tea gardens in Darjeeling, Dooars and Assam, producing around 10 million kg of tea, annually.
•
Teesta Valley Exports Limited, established in 1841, has tea estates in Darjeeling, Assam and Dooars. The Group has two tea estates in Darjeeling.
•
The group exports tea to Japan, Russia, Germany, Holland, France, UK, USA, Singapore, Hawaii and other East European countries.
Teesta Valley Exports Limited
60
BUSINESS OPPORTUNITIES West Bengal November 2010
Tea – company profiles … (3/4) Duncans Tea Limited
Diana Tea Company Limited
Hanuman Tea Company Limited
•
Duncans Tea Limited, headquartered in Kolkata, is a part of the diversified Duncan-Goenka Group, established in 1859.
•
The company has 13 tea estates, located in the Doors, Terai and Darjeeling.
•
The company markets tea under the brands namely Runglee Rungliot, Double Diamond, Super, Shakthi, Sargam, No1, Kings Cup and Aag.
•
Diana Tea Company Limited is a tea-producing company, which was promoted by Late Radheshyam Singhania in 1976. The company is among top five producers of tea in the Dooars region.
•
It has four tea garden viz., namely Baintgoorie tea estate, Goodhope tea estate, Ambari tea estate and Diana tea estate, all located in Jalpaiguri. The total capacity of the company is 5 million kg of tea per annum.
•
The company has entered the packed tea segment to be sold throughout North India through its distributor network. It has also entered the dipping-tea bag segment and has installed vending machines in corporate houses of Kolkata.
•
The company incorporated in 1961, is mainly engaged in the cultivation, production and sale of tea and power generation.
•
The company has its tea gardens and processing unit at Sonitpur in Assam and Jalpaiguri in West Bengal. The registered office is located at Kolkata.
61
BUSINESS OPPORTUNITIES West Bengal November 2010
Tea – company profiles … (4/4) Kamala Tea Company
Norban Tea & Exports Limited
•
Kamala Tea Company was incorporated in 1914.
•
The company owns the Kamala Tea Estate with a grant area of around 750 hectares located in the Terai region in the Darjeeling district of West Bengal.
•
Norben Tea & Exports Limited was originally incorporated as Daga Plantations Limited in the early 1990s.
•
Norben has established new tea plantations and a new factory in Berubari in Jalpaiguri district of West Bengal, to manufacture tea with an installed capacity of 1.2 million kg of processed tea per annum.
•
The company has three divisions, namely Berubari, Pareshnagar and Sakati.
62
BUSINESS OPPORTUNITIES West Bengal November 2010
Petroleum and petrochemicals •
•
•
West Bengal accounts for around 4 per cent of the country‟s production of petroleum products and 13 per cent of polymer production. Haldia Petrochemicals Limited is one of India‟s largest integrated petrochemical complexes. Mitsubishi Chemicals and Corporation, Japan‟s major chemical firm has invested in a Purified Terepthalic Acid (PTA) plant at Haldia at an estimated cost of US$ 355 million.
63
Key players •
Indian Oil Corporation Limited (IOCL)
•
Oil India Limited (OIL)
•
Oil and Natural Gas Corporation Limited (ONGC)
•
Haldia Petrochemicals Limited (HPL)
BUSINESS OPPORTUNITIES West Bengal November 2010
Petroleum and petrochemicals – company profiles … (1/2) Indian Oil Corporation Limited (IOCL)
Oil and Natural Gas Corporation Limited (ONGC)
•
IOCL is India's largest company by sales with a turnover of US$ 54 billion in 2009-2010. It is the eighteenth largest petroleum company in the world.
•
It owns and operates 10 of India‟s 19 refineries, as of 2009-2010, the company had a refining capacity of 60.2 MTPA (1.3 million barrels per day).
•
It has a refinery at Haldia, with an installed capacity of 6 MTPA.
•
IOCL has invested US$ 623.7 million for improvement of diesel quality and distillate yield (hydrocracker) at Haldia and, for capacity expansion of the refinery from 6 MTPA to 7.5 MTPA, the project was commissioned in December 2009.
•
IOCL has signed a memorandum of agreement (MoA) with the WBIDC for setting up a chemical hub in Haldia, at an investment of around US$ 3.2 billion.
•
ONGC is India‟s leading oil and gas exploration and production company. The company has 240 onshore production installations, 70 drilling rigs and 15,800 km pipeline network. ONGC has acquired five onshore blocks, spreading over 16,500 sq km in West Bengal for US$ 2 billion, as of December 2009.
• •
64
BUSINESS OPPORTUNITIES West Bengal November 2010
Petroleum and petrochemicals – company profiles … (2/2) Oil India Limited (OIL)
Haldia Petrochemicals Limited (HPL)
•
OIL, established in 1959, is primarily engaged in exploration, development, production and transportation of crude oil and natural gas in India.
•
OIL owns 10 crude oil pumping stations and 17 repeater stations spread across Assam, West Bengal and Bihar.
•
The company also owns and operates a 660 km petroleum product pipeline, connecting Numaligarh Refinery Limited in Assam to Siliguri in West Bengal.
•
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 a total capacity of 520,000 tonnes per annum of ethylene.
•
The company is expanding capacity by about 30 per cent, which will take ethylene production capacity to 670 kilo tonnes per annum (KTPA) from 520 KTPA.
65
BUSINESS OPPORTUNITIES West Bengal November 2010
Leather •
•
West Bengal is one of the leading exporters of finished leather goods, accounting for almost 15.7 per cent of the country's leather exports.
Key players
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.
66
•
Khadim‟s
•
Bata India Limited
•
Singhvi International
•
Balmer Lawrie and Company Limited
BUSINESS OPPORTUNITIES West Bengal November 2010
Leather – company profiles Khadim‟s
Bata India Limited
Singhvi International
Balmer Lawrie and Company Limited
•
The Khadim group has a significant presence in the footwear segment, especially in the East and South of India.
•
It has a manufacturing unit at Kasba Industrial Estate, Kolkata.
•
The company has multi-brand retail outlets in 21 states and has 540 exclusive retail outlets across the country.
•
Its sales stood at US$ 53 million in 2009-2010.
•
Bata India Limited, incorporated in Kolkata, is the largest shoe manufacturer in India.
•
The company has 35 per cent share of the organised footwear market and its retail footprint spans more than 1,250 stores; it sells over 45 million pairs, annually.
•
Bata has a manufacturing unit in West Bengal.
•
The company plans to open 240 stores in a span of next two years, with an investment of US$ 87 million.
•
Singhvi International, established in 1974, is engaged in the export of leather hand gloves and safety garments world-wide.
•
The company had a turnover of US$ 8 million in 2008-09.
•
It has its registered office in Kolkata.
•
Balmer Lawrie is a Government of India enterprise, headquartered at Kolkata.
•
The company manufactures leather chemicals.
•
It has manufacturing operations at Kolkata, Mumbai, Chennai, Mathura, Silvassa and offices at many locations in India.
67
BUSINESS OPPORTUNITIES West Bengal November 2010
Iron and steel •
•
•
With more than US$ 22.2 billion worth of investments in pipeline, West Bengal has emerged as a favoured destination for the steel industry.
Key players
Its deposits of iron ore have helped attract new projects. The Chotanagpur plateau bordering West Bengal is the nerve-centre of this industry. The Joint Plant Committee (JPC) for steel has been constituted by the Government of India for formulating the guidelines for production and distribution of steel materials in the country. Headquartered in Kolkata, it has regional offices in New Delhi, Mumbai, Chennai, Kanpur and Hyderabad.
68
•
JSW Steel Limited
•
SAIL
•
Shyam Steel
•
Jai Balaji Industries
•
Bhushan Power and Steel Limited
•
Arcelor Mittal
•
UIC Udyog Limited
•
Gonterman-Peipers (India) Limited
•
Super Forgings & Steel Limited (SFSL)
BUSINESS OPPORTUNITIES West Bengal November 2010
Iron and steel – company profiles … (1/3) JSW Steel Limited (JSL)
Steel Authority of India (SAIL)
Shyam Steel
Jai Balaji Group
•
JSW Steel Limited is among the largest private steel companies in India, with a capacity of 7.8 million tonnes per annum (MTPA).
•
The company is setting up a 10 million MTPA steel plant at Salboni in West Bengal.
•
SAIL is the leading steel maker in India, with a turnover of US$ 10.4 billion in 2009-2010.
•
Indian Iron & Steel Company (IISCO), which was a 100 per cent subsidiary of SAIL, has been amalgamated with the parent company.
•
The company has an integrated steel plant in Durgapur.
•
Shyam Steel, established in 1953 in Howrah, is a leading manufacturer of steel re-bars and structures.
•
The company achieved a turnover of over US$ 220 million in 2009-2010.
•
It has a plant at Durgapur comprising steel melting furnace, billet casting plant and rolling mill.
•
Jai Balaji Group is among the leading manufacturers of steel in Eastern India, headquartered in Kolkata.
•
The company has integrated steel production facilities in nine manufacturing units, spread across the states of West Bengal (three plants), Chhattisgarh, Orissa and Jharkhand.
•
The company is setting up a 5 million tonne steel plant in West Bengal‟s Purulia district,
69
BUSINESS OPPORTUNITIES West Bengal November 2010
Iron and steel – company profiles … (2/3) Bhushan Power and Steel Limited
Arcelor Mittal
•
Bhushan Power and Steel Limited is a fully integrated 1.5 MTPA steel making company, with a turnover of US$ 938 million in 2009.
•
The company has seven plants, in Chandigarh, Derabassi, Kolkata and Orissa.
•
The company is planning to set up a 2 MTPA capacity integrated steel plant with a captive power plant in Burdwan district of West Bengal.
•
It has also planned a 6 MTPA plant in Asansol, West Bengal. The first phase is scheduled to have a 3 MTPA and a 1,000-MW power plant.
•
Arcelor Mittal is world's number one steel company, with operations in more than 60 countries.
•
The company has its design and engineering centre in Kolkata.
•
The facility, which started operations in May 2008, serves the entire design needs of Arcelor Mittal, globally. The headcount at the centre is expected to go up to 250 over the next five years from over 60, as of 2007-08.
•
The company has approached the West Bengal Government for setting up a steel unit in the state.
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BUSINESS OPPORTUNITIES West Bengal November 2010
Iron and steel – company profiles … (3/3) UIC Udyog Limited
Gonterman-Peipers (India) Limited
Super Forgings & Steel Limited (SFSL)
•
UIC is an ISO 9001:2000 certified business house in steel wire industry, incorporated in 1999.
•
In West Bengal, the company‟s multi-product plant is at Kalyani, wire division is located at Nadia Industrial Growth Centre and the pin division is located at Hooghly.
•
The company had a revenue of US$ 70 million in 2008-09.
•
An ISO 9001:2000 company, promoted in collaboration with Gontermann-Peipers Siegen, Germany, a leading European manufacturer of rolling mill rolls since 1825.
•
In 1981, the company was taken over by the ISPAT Group.
•
Its products include cast rolls and forged rolls. The company has registered office in Kolkata.
•
Incorporated in 1968, SFSL manufactures and processes value-added mild steel.
•
The company was initially a trading unit in alloy steels, started in 1960.
•
The product line of SFSL includes tools steel, stainless steel (including corrosion resistant steel), high value alloy steel and carbon steel.
•
The products find applications in defence, general engineering, power generating industries, automobiles, aeronautics, etc.
•
A multilocational company, SFSL has four units in West Bengal, three in Howrah and one in Dankuni.
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BUSINESS OPPORTUNITIES West Bengal November 2010
Information technology •
•
•
•
Around 500 IT and ITeS companies are operating in the state, employing more than 60,000 professionals.
Key players
The state has identified IT as a priority focus sector to be developed into a growth engine for the future. The IT and ITeS sector is projected to contribute 15 to 20 per cent to the state‟s economy by 2010. West Bengal has 14 IT parks. A 16-acre SEZ by Tata Consultancy Services has been granted formal approval and is expected to be operational by 2011.
72
•
Genpact
•
Cognizant Technology Solutions
•
Patni Computer Systems
•
HCL
•
Microtech Software
•
Tata Consultancy Services
•
CMC Limited
•
IBM Global Services
•
Siemens Information Systems Limited
•
Wipro
•
ITC Infotech
•
Diadem Technologies
BUSINESS OPPORTUNITIES West Bengal November 2010
IT – company profiles … (1/3) Genpact
Cognizant Technology Solutions (CTS)
Patni Computer Systems
•
Genpact is a global remote processing operations company that services clients across the world with its IT-enabled services.
•
It has an 80,000 sq ft facility in Kolkata and another new facility is being constructed on a three acre area at Salt Lake, which would employ up to 1,500 people.
•
It has also signed to acquire 700,000 sq ft at InfoSpace, an IT/ITeS SEZ developed by Unitech Hitech Structures,which will house 7,000 professionals.
•
The company has approached the West Bengal Government to set up an IT SEZ in Kolkata with an investment of over US$ 22.2 million.
•
CTS is a global e-business and application development company.
•
CTS, Kolkata services several large clients from the banking, hospitality (restaurant), healthcare, financial, airline and information-driven sectors of the global market.
•
It has signed a memorandum of understanding with Calcutta University, wherein the university will provide management and software training to a batch of 400 professionals hired by CTS, Kolkata.
•
The company is investing around US$ 46 million to expand its facility at Kolkata.
•
Patni Computers is one of the leading global providers of IT services and business solutions.
•
Patni has 28 international offices across the America, Europe and Asia-Pacific, and 23 global delivery centres in strategic locations across the world.
•
Of the total 23 global delivery centres, one is located in Kolkata.
73
BUSINESS OPPORTUNITIES West Bengal November 2010
IT – company profiles … (2/3) HCL
Microtech Software
Tata Consultancy Services (TCS)
CMC Limited IBM Global Services
•
Incorporated in 1976, HCL is a leading global technology and IT enterprise with annual revenues of US$ 5 billion. The company‟s operations span across 26 countries. It has delivery facilities in the US, the UK, Finland, Poland, Puerto Rico, Brazil, China, Malaysia, Singapore, Australia, Czech and India.
•
In India, the company has offices in 170 cities and 500 points of presence reaching 4,000 towns. In West Bengal, HCL has two offices in Salt Lake City, Kolkata.
•
Microtech Software, headquartered at Kolkata, started its operations in1992.
•
The company is in the business of integrating different parts of IT operations.
•
It is a Microsoft Gold Certified Partner and a Microsoft Small Business Specialist.
•
A company of the TATA group, TCS is a well recognised global service provider for a wide range of IT solutions, consulting, BPO, engineering services and IT infrastructure.
•
The company has offices across the world at more than 40 countries, including 78 locations in India.
•
It has two offices in Kolkata.
•
CMC Limited, an IT solutions company and a subsidiary of TCS, was incorporated in 1975.
•
The company‟s service offerings include enterprise resource planning (ERP), data warehousing, networking, embedded product development services, systems study and systems integration.
•
It has 18 offices worldwide, including one office in Kolkata.
•
IBM is a leading global IT services and solution provider with offices across the world, including India.
•
IBM has been present in India since 1992. The company‟s Indian operations offer software, storage, systems and servers, semiconductors, etc.
•
Since inception, IBM India has expanded its operations considerably with regional headquarters in Bangalore and offices in 14 cities, including a global delivery centre in Kolkata.
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BUSINESS OPPORTUNITIES West Bengal November 2010
IT – company profiles … (3/3) Siemens Information Systems Limited (SISL)
Wipro
ITC Infotech
Diadem Technologies
•
SISL is a leading systems integrator and total solutions provider offering high-end consultancy in areas such as healthcare, telecommunications, manufacturing, utilities, public sector and government.
•
The company‟s services include enterprise solutions, management consulting, security solutions and operation related services.
•
Its registered office is located at Mumbai; the company also has one office at Kolkata.
•
Wipro is a global IT services company providing consulting, business process outsourcing, business technology services, enterprise application services, infrastructure management, testing, product engineering, engineering design and product support.
•
The company is headquartered at Bangalore; it has one office at Kolkata.
•
ITC Infotech, a global IT services company, is a fully-owned subsidiary of ITC Limited, the US$ 5 billion diversified conglomerate.
•
Headquartered in Bangalore with wholly-owned subsidiaries in the UK and the US, ITC Infotech provides comprehensive solutions through development centres, offices, and delivery centres in North America, Europe and Asia Pacific, in addition to two delivery hubs in Bangalore and Kolkata.
•
Diadem Technologies started operations in 1998.
•
The company is a web services provider offering web hosting, reseller hosting and domain services.
•
It is headquartered at Kolkata.
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BUSINESS OPPORTUNITIES West Bengal November 2010
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 as 1.64 million cu ft.
•
Rock phosphates deposits are found in Beldhi, Chirugora and Kutni regions 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 basalt-trap rocks used for preparing road metals are available in the 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.
•
Hindustan Motors is a leading player in West Bengal. The company is engaged in the manufacturing of passenger cars (Ambassador and Contessa) and multi-utility vehicles (Trekker, Porter and Pushpak) in the state. The company is developing 314 acres of land near its Uttarpara plant to set up a township with a residential complex, an IT park and an auto ancillary park. 76
BUSINESS OPPORTUNITIES West Bengal November 2010
Biotechnology •
West Bengal has many attributes that favour 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-fertilisers for soil fertility, bio-pesticides for environment friendly integrated pest management, genetic modification to produce golden rice, tissue culture for horticulture, floriculture and medicinal plants.
•
Research institutes such as Bose Institute, Indian Institute of Chemical Biology, Indian Association for the Cultivation of Science, National Institute of Cholera and Enteric Diseases, Jadavpur University and Indian Institute of Technology, Kharaghpur are engaged in high quality research in various areas of biotechnology.
•
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 between the University of Calcutta and Strategic Global Management (India) Private Limited.
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BUSINESS OPPORTUNITIES West Bengal November 2010
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 ranks first in freshwater fish production and second in shrimp aquaculture.The export market for shrimps, prawns and processed fish produced in the state have increased over the years.
78
BUSINESS OPPORTUNITIES West Bengal November 2010
Agriculture and horticulture •
West Bengal comprises of six agro-climatic zones and offers a diverse variety of environment for agriculture and horticulture produce. It produces 250,000 tonnes of fruits and over 10 million tonnes of vegetables.
•
The state ranks third in India in flower production after Karnataka and Tamil Nadu with an annual turnover of US$ 14 million. West Bengal accounts for 70 per cent of India‟s dried flower exports.
•
There is good potential for exporting flowers like gladioli, gerbera, tuberose, rose and orchids to countries in the Netherlands, 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 favourable climate for poultry breeding and is considered as one of the most attractive poultry markets in India. It has enormous export potential in poultry and duck meat.
•
West Bengal has the second-highest indigenous cattle population in the country and the second-highest poultry population in the country.
•
The state is one of the leading producers of meat. The total production of meat in 2007-08 was 500,000 tonnes. 79
BUSINESS OPPORTUNITIES West Bengal November 2010
Major projects being implemented Cost (US$ million)
Name of the project
Promoter
Assam border-Gairkatta NH31C road project
National Highways Authority of India
46.7
Roadways
Central Government
Coal mining Satgram UG project
Eastern Coalfields Limited
46.1
Coal
Central Government
Cement (Murshidabad) project
Century Textiles & Industries Limited
43.5
Cement
Birla BK Group
Material handling equipment (West Bengal) project
TIL Limited
43.4
Material handling equipment
Private (Indian)
Commercial complex (Kolkata)
Kolkata Metropolitan Development Authority
43.4
Commercial complexes
State Government
Cement (Durgapur) project expansion
Birla Corporation Limited
42.1
Cement
Birla MP Group
Bandel-Naihati river bridge project
Eastern Railway
41.3
Railways
Central Government
Paper (Ballavpur Ranigunj) project
Ballavpur Paper Manufacturing Limited
41.3
Paper and paper products
Private (Indian)
13.6
Aerated drinks
Private (Indian)
8.9
TMT rods
Private (Indian)
Aerated drinks unit Re-rolling mill unit
Bengal Beverages Amit Metaliks
Source: projectstoday.com
80
Industry
Project ownership
BUSINESS OPPORTUNITIES West Bengal November 2010
Key projects being planned Cost (US$ million)
Project name
Promoter
Vegetable oils (Haldia) project
Suman Agritech Private Limited
Consumer electronics (Siliguri) project
Videocon International Limited
Integrated steel (Durgapur) project
Jagdamba Fiscal Services Private Limited
43.4
Primary steel
Private (Indian)
Integrated educational complex (Debrupayan Nagar)
JIS Group
43.4
Other community services
Private (Indian)
Fabrication (Madhavpur) project
Bansal Poles & Towers Limited
40.2
Iron and steel products
Private (Indian)
Rammam hydro-power project Stage-I
West Bengal State Electricity Board
38.4
Hydel-based power
Hospital (Kolkata) project
Global Sunrise
38.0
Hospitals
Private (Indian)
Cement grinding (Sagardighi) project
Century Textiles & Industries Limited
38.0
Cement
BK Birla Group
Integrated steel unit
Adhunik Corporation
1.6
Steel
Private (Indian)
1.1
Readymade garments
Private (Indian)
Garment factory
43.4 43.4
Amrit Exports
Source: projectstoday.com
81
Industry Vegetable oils Consumer electronics
Project ownership Private (Indian) Videocon Group
State Government
WEST BENGAL
November 2010
Contents Advantage West Bengal State economy and socio-economic profile Infrastructure status State policies and incentives Business opportunities Doing business in West Bengal
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DOING BUSINESS IN WEST BENGAL West Bengal November 2010
Key approvals required List of approvals and clearances required
Department
Incorporation of company
Registrar of companies
Registration, IEM, industrial licenses Permission for land use Allotment of land
Department of Industries, West Bengal State Government West Bengal Industrial Development Corporation (WBIDC), West Bengal Industrial Infrastructure Development Corporation, West Bengal Small Scale Industries Development Corporation
Site environmental approval No-objection certificate and consent under Water and Pollution Control Act Registration under States Sales Tax Act and Central and State Excise Act
West Bengal Pollution Control Board (WBPCB)
Excise Department, Government of West Bengal
Commercial taxes Sanction of power Power feasibility Power connection
West Bengal State Electricity Board, Kolkata Electric Supply Corporation, Damodar Valley Corporation, Durgapur Projects Limited, Dishegarh Power Supply Company Limited, according to area demarcated.
Approval for construction activity and building plan Water and sewerage clearance
Public Works Department, Government of West Bengal, State Water Investigation Department
Water connection
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DOING BUSINESS IN WEST BENGAL West Bengal November 2010
Cost of doing business in West Bengal Cost parameter
Cost estimates
Source
Cost of land (per sq ft)
US$ 4 to US$ 100
Industry sources
Hotel room cost (per night)
US$ 108 to US$ 152
Indian hotel survey
Cost of office space (rent per sq ft)
US$ 4 to US$ 12
Industry sources
Cost of residential space (rent per sq ft)
US$ 2.6 to US$ 6.3
Industry sources
Power
Commercial: 22 cents per kWh Industrial: 33 cents per kWh
West Bengal State Electricity Distribution Company Limited
Water
Commercial and industrial: US$ 11 to US$ 15 per month
Kolkata Municipal Corporation
Labour cost in West Bengal Industry
Category of workers
Agriculture
Un-skilled Skilled Un-skilled Skilled Un-skilled Skilled
Construction of roads and building
Transport Industries Source: Labour Department, Government of West Bengal
84
Minimum wages (US$ per day) 1.8 2.5 2.8 1.8 2.8 3.0 3.3
DOING BUSINESS IN WEST BENGAL West Bengal November 2010
Single-window approval mechanism „Shilpa Bandhu‟ or the State Investment Facilitation Centre (SIFC) is the state-level nodal agency for singlewindow 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, Superintending Engineer/Executive Engineer of West Bengal State Electricity Board, District Officer of Housing and Urban Development Authority and the Assistant Director of Factories.
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DOING BUSINESS IN WEST BENGAL West Bengal November 2010
Key nodal agencies in West Bengal West Bengal Industrial Development Corporation (WBIDC)
•
The WBIDC focuses on financing of medium and large scale industries.
•
It provides assistance service and facilitates investment proposal through “Shilpa Bandhu”.
West Bengal Industrial Infrastructure Development Corporation (WBIIDC)
•
The WBIIDC is responsible for balanced and well-planned industrial development in the state.
•
It promotes joint sector and assisted sector units in important industry segments.
•
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 35 industrial and commercial estates all over the state.
•
WEBEL is responsible for the development of 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.
•
WBFC provides loans to small and medium scale industries.
•
It focuses on the development of export-oriented units.
•
It has special schemes such as the National Equity Fund scheme for setting up of nursing homes and for acquisition of electro-medical equipment.
West Bengal Small Industries Development Corporation Ltd (WBSIDC)
West Bengal Electronics Industry Development Corporation Limited (WEBEL)
West Bengal Finance Corporation (WBFC)
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DOING BUSINESS IN WEST BENGAL West Bengal November 2010
Contact list Key agency
Contact information
West Bengal Industrial Development Corporation (WBIDC)
"Protiti", 23, AbanindranathTagore Sarani, (Camac Street) Kolkata - 700017, Phone: 91-33-2210 5361-65 Fax: 91-33-2248 3737 Email:
[email protected] Website: http://www.wbidc.com/
West Bengal Industrial Infrastructure Development Corporation (WBIIDC)
5, Council House Street, 3rd Floor Kolkata-700 001 Phone: 91-33-2230 5804-08
West Bengal Small Industries Development Corporation Limited (WBSIDC)
Shilpa Bhawan, 31, Black Burn Lane, 2nd floor Kolkata-700 012, Phone: 91-33-2237 3895 Fax: 91- 33-2234 6057
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 /23571739
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
87
DOING BUSINESS IN WEST BENGAL West Bengal November 2010
Annexure Exchange rates Year
INR equivalent of one US$
2000
46.6
2001
48.3
2002
48.0
2003
45.6
2004
43.7
2005
45.2
2006
45.0
2007
42.0
2008
40.2
2009
46.0
2010
47.4
Average for the year
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WEST BENGAL
November 2010
DISCLAIMER India Brand Equity Foundation (“IBEF”) engaged ICRA Management Consulting Services Limited (IMaCS) to prepare this presentation and the same has been prepared by IMaCS in consultation with IBEF.
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IMaCS and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation. Neither IMaCS nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation.
This presentation is for information purposes only. While due care has been taken during the compilation of this
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