West Bengal with a GSDP of USD 155.32 billion is the 4th largest contributor to India’s services GDP and 6th largest contributor to India’s manufacturing GDP. With a consumer base of over 91 million and a strategic location gateway to over 300 million people covering the entire East and North East of India. West Bengal is also the gateway to South East Asia and ASEAN countries. The State is a perfect blend of economic strength and dynamism, with a strong consumer base, vibrant industry, large talent pool, industry friendly stable policies, transparent governance and record social and physical infrastructure development. The State Govt. is committed towards inclusive and sustainable development, providing increasing employment opportunities.
The State has introduced a number of industry-friendly policies. The State also offers numerous industry-specific and multi-product growth centres and industrial parks with plug and play infrastructure available for investments. Developments such as the major deep sea port coming up at Tajpur, Amritsar Kolkata Industrial Corridor (AKIC) aligned to Eastern Dedicated Freight Corridor, along with national waterways, ready industrial infrastructure and 200 industrial parks/estates that cover around 20,000 acres, new theme/ green townships being open and new vistas of investment opportunities.
Bengal Global Business Summit is the annual flagship event organized by Government of West Bengal to showcase the business readiness and investment potential of West Bengal in front of the global business community. BGBS 2018 attracted participation of over 4,000 delegates from across India and 32 countries.