Trade Analytics

About West Bengal State: Tourism, Industries, Agriculture, Economy & Geography

Latest update: December, 2018

Economic Snapshot
Economic Snapshot

 

Factfile

  • Capital:Kolkata
  • Geographical Area (sq km):88,752
  • State Language:Bengali, English, Hindi and Nepali
  • Literacy Rate:77.1 per cent
  • Key Industries:Tea, petroleum and petrochemicals, leather. Iron and steel, information technology, mineral resources, automobile and auto components, biotechnology, fisheries, jute products and textiles.

Last Updated: December, 2018

WEST BENGAL State Report | February, 2019

West Bengal is situated in eastern India and shares its borders with Jharkhand, Bihar, Odisha, Sikkim and Assam. The state also shares international borders with Bangladesh, Bhutan and Nepal. The Bay of Bengal is in the south of the state.

West Bengal's Gross State Domestic Product (GSDP) was about Rs 10.21 trillion (US$ 158.40 billion) in 2017-18. Average annual GSDP growth rate from 2011-12 to 2017-18 was about 11.88 per cent.

West Bengal is the largest producer of rice in India. Rice production for the state totalled 14.99 million tonnes in 2017-18. West Bengal is also a major producer of fish. During 2017-18, the state produced a total of 1.74 million tonnes of fish and fish production for 2018-19 has been anticipated at 1.85 million tonnes.

West Bengal is the second largest tea-producing state in India and is home to the globally acclaimed Darjeeling tea variety.

Its location advantage makes the state a traditional market for eastern India, the Northeast, Nepal and Bhutan. It is also a strategic entry point fosr markets in Southeast Asia. The cost of operating a business is lower in Kolkata than in other metropolitan cities.

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 (including Sikkim and Andaman & Nicobar Islands) has attracted Foreign Direct Investment (FDI) equity inflows worth US$ 4.78 billion during the period April 2000 to June 2018, according to data released by Department of Industrial Policy and Promotion (DIPP).

West Bengal achieved the eleventh position among Indian states in rankings based on ease of doing business and reforms implementation, according to a study by the World Bank and KPMG.

Key Sectors:

  • During 2017-18, the state produced 387.86 million kg of tea, accounting for 29.27 per cent of India's total tea production. Tea production between April-October 2018 reached 289.32 million kgs.
  • The state is the largest producer of rice and second largest producer of potatoes in the country.
  • Moreover, the state is also a key producer of petroleum and petrochemicals. Production of natural gas in the state^ reached 410.30 million cubic metres in 2018-19*.
  • Total export from IT sector of the state is estimated to have crossed Rs 19,000 crores (US$ 2.83 billion) in 2016-17. The state government has introduced West Bengal Information Technology and Electronics Policy 2018 which envisages West Bengal as one of the leading states in India in the IT, ITeS, ICT and ESDM sectors.

Note: ^including Madhya Pradesh and Jharkhand, *up to October 2018

Factfile

  • Capital:Kolkata
  • Geographical Area (sq km):88,752
  • State Language:Bengali, English, Hindi and Nepali
  • Literacy Rate:77.1 per cent
  • Key Industries:Tea, petroleum and petrochemicals, leather. Iron and steel, information technology, mineral resources, automobile and auto components, biotechnology, fisheries, jute products and textiles.
West Bengal Map

West Bengal