West Bengal, India’s sixth largest state in terms of economic size, has a projected Gross State Domestic Product (GSDP) of Rs. 20.31 trillion (US$ 236.16 billion) in 2025-26. The average annual GSDP is estimated to increase at 12% from 2024-25BE.

As of March 2025, West Bengal had a total installed power generation capacity of 11,000.37 MW, of which 5,997.95 MW was under state utilities, 2,959.88 MW under private sector and 3,086.03 MW under central utilities.

Of the total installed power capacity, 8,763.34 MW was contributed by thermal power, 1,466.05 MW by hydropower and 770.98 MW by renewable power.

West Bengal has abundant natural resources of minerals and suitable agro-climatic conditions for agriculture, horticulture, and fisheries. It is in vicinity to mineral rich states like Jharkhand, Bihar, and Odisha. It offers excellent connectivity to the rest of India in terms of railways, roadways, ports, and airports.

The state is the second-largest tea growing state in India. Tea production in West Bengal stood at 426.59 million kg in FY24.

Between October 2019-December 2024, FDI inflows in West Bengal stood at Rs. 13,945.50 crore (US$ 1,794.08 million).

Some of the major initiatives taken by the Government to promote West Bengal as an investment destination are:

• The state, by organizing eight Global Summits, has so far received investment worth Rs. 23,94,595 crore (US$ 278.44 billion) in large industries.
• In June 2022, various Indian Railways projects to the tune of Rs. 254 crore (US$ 30.83 million) were launched in West Bengal’s Hooghly district.
• HDC Bulk Terminal Ltd (HBTL), a wholly owned subsidiary of Adani Ports and Special Economic Zone Limited (APSEZ), has signed the Concession Agreement with Syama Prasad Mookerjee Port, Kolkata (SMPK) for mechanization of Berth no. 2 at Haldia Port.
• In August 2022, a Special Food Processing Fund of Rs. 2,000 crore (US$ 242.72 million) was set up with National Bank for Agriculture and Rural Development (NABARD) to provide affordable credit for investments in setting up Mega Food Parks (MFP) as well as processing units in the MFPs.
• In 2021, domestic tourist arrivals in the state were 243.25 million and foreign tourist arrivals had crossed over 0.34 million.
• In State Budget 2022-23, Rs. 825 crore (US$ 106.62 million) has been allocated towards Housing for All scheme.
• West Bengal have received investment proposals worth Rs. 342,375 crore (US$ 44 billion) during the Bengal Global Business Summit (BGBS) 2022. This business summit is expected to generate around 4 lakh jobs.
• In Bengal Global Business Summit 7th edition 2023, West Bengal have received investment proposals worth Rs. 3,76,288 crore (US$ 45.45 billion) investment.
• Reliance Industries to invest Rs 20,000 crore (US$ 2.42 billion) into Bengal, as per Mr. Mukesh Ambani in the next three years
• Adani Group announced that it will invest Rs.10,000 crore (US$ 1.29 billion) in the state over the next decade, and JSW Group announced that they will develop a 900 MW pumped storage hydel power project.
• Chief Minister of West Bengal Ms. Mamata Banerjee said that the State government will set up a Rs. 72,000 crore (US$ 9.30 billion) industrial zone in Jangalmahal, the forested areas of south Bengal districts along the eastern freight corridor.
• The West Bengal Government has proposed 2% rebate on stamp duty and 10% rebate on circle rate for property which has been extended till September, 2022.
• The State Budget 2022-23 seeks to provide relief to the tea industry by exempting rural employment cess and waiving agricultural income tax in FY 2022-23.
• GAIL, its JV company Bengal Gas Co and Hindustan Petroleum Corporation Ltd's will invest Rs. 17000 crore (US$ 2.2 billion) in various CNG projects in West Bengal over the next five years.
• ONGC will invest Rs. 1,500 crore (US$ 193.85 million) over the next 3-4 years for gas exploration at Ashoknager in North 24 Parganas district of West Bengal.
• In State Budget 2024-25 Rs. 22,620 crore (US$ 2.73 billion) has been allocated to Agriculture and Allied Activities of which Rs 5,800 crore (US$ 700.48 million) has been allocated for financial support to Krishak Bandhu and Rs 1,200 crore (US$ 144.93 million) has been allocated for crop insurance
• As per State Budget 2024-25 Rs. 47,470 crore (US$ 5.73 billion) has been allocated for Education, Sports, Arts, and Culture of which Rs 18,029 crore (US$ 2.18 billion) has been allocated for assistance to non-government secondary schools and Rs 7,732 crore (US$ 0.93 billion) has been allocated for assistance to non-government primary schools.