West Bengal

key sectors

• In October 2025, Jindal India Limited commissioned a downstream steel facility in West Bengal with an investment of Rs. 1,500 crore (US$ 171.84 million), adding 0.6 million-tonne capacity and lifting its total annual output by about 60 % to 1.6 million tonnes.
• In July 2025, the West Bengal Government announced that the state has attracted Rs. 1,33,000 crore (US$ 15.38 billion) in private investment and generated 1.8 lakh jobs across sectors such as iron & steel, oil & gas/energy and logistics.
• The industrial sector in West Bengal grew by 7.3% in 2024-25, exceeding the national average of 6.2%.
• In March 2025, Haldia Petrochemicals Ltd (HPL) is exploring an investment of about Rs. 8,500 crore (US$ 973.77 million) in West Bengal for a new polycarbonate production plant.
• The state, by organizing eighth Global Summits, has so far received investment worth Rs. 23,94,595 crore (US$ 278.44 billion) in large industries.
• As per State Budget 2025-26:
  • Rs. 50,559 crore (US$ 5.89 billion) has been allocated for Education, Sports, Arts, and Culture of which Rs 19,343 crore (US$ 2.25 billion) has been allocated for assistance to non-government secondary schools and Rs 9,799 crore (US$ 1.14 billion) has been allocated for assistance to non-government primary schools.
  • Rs. 12,138 crore (US$ 1.41 billion) has been allocated for urban development of which Rs 3,743 crore (US$ 435.79 million) has been allocated for assistance to municipalities/ municipal councils and Rs 2,893 crore (US$ 336.83 million) has been allocated for assistance to local bodies corporations, urban development authorities.
  • Rs. 5,864 crore (US$ 684.33 million) for capital expenditure on roads and bridges.
  • Rs. 1,400 crore (US$ 163.38 million) for rural road development, covering repairs and widening of 15,000 km of roads and construction of 250 bridges.
  • Rs. 21,939 crore (US$ 2.55 billion) has been allocated to the Health and Family Welfare Department.
  • Urban health services- allopathy has been allocated Rs. 6,996 crore (US$ 813.48 million).
  • Rural health services- allopathy has been allocated Rs. 3,118 crore (US$ 362.55 million).
• The state of West Bengal attracted private investment of Rs. 5,710 crore (US$ 660.34 million) in its tourism sector during FY25, driven by luxury hotels, homestays and festival-tourism growth.
• The West Bengal cabinet has approved a policy allowing conversion of under-utilised non-residential plots under the Urban Development and Municipal Affairs Department into real estate or housing use, subject to a government-determined fee.
• 473 projects have been completed in the state under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) as of December 2024.
• West Bengal ranked 2nd in foreign tourist footfall and 7th in domestic tourist footfall in 2024.
• 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.
• Total tea production in West Bengal stood at 347.59 million kgs in FY25 (April-December), accounting for 25.15% of India’s total production.
• 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.

West Bengal is a major economic gateway to eastern India, the Northeast and Southeast Asia, supported by strong connectivity, rich natural resources and a large consumer base. With a projected GSDP of US$ 236.56 billion in 2025–26 and robust export performance led by engineering goods, gems and jewellery, tea and rice, the state combines industrial depth with agricultural strength. Competitive operating costs, expanding power capacity, rising digital penetration and steady FDI inflows underpin its investment appeal. Ongoing investments across steel, petrochemicals, logistics, tourism, urban development, healthcare and education, along with sustained infrastructure spending, are reinforcing West Bengal’s position as a diversified and fast-growing economic hub.