Indian finance and Investment GuideIndiamart










Export & Import - Industrial Policy
Andhra Pradesh  |  Arunachal Pradesh  |   Assam  |  Bihar  |  Delhi  |  Goa  |  Gujarat  |  Haryana  |  Himachal Pradesh  |  Jammu & Kashmir  |  Karnataka  |  Kerala  |  Madhya Pradesh  |  Maharashtra  |  Manipur  |  Meghalaya  |  Mizoram  |  Nagaland  |  Orissa  |  Pondicherry  |  Punjab  |  Rajasthan   |  Sikkim  |  Tamil Nadu  |  Tripura  |  Uttar Pradesh  |  West Bengal

WEST BENGAL


West Bengal covers the bottleneck of India in the east stretching from the Himalayas in the north to the Bay of Bengal in the south. Most an agricultural state, 70% of the state is engaged in agriculture and contributes to over 30% of the country’s income. The state produces 15.3% of the country’s total output of rice. Also, one of the major industrial states in India, West Bengal has nearly 10,000 registered and functioning factories. The state has good infrastructure facilities.

Land Area: 89,000 sq. km.
Population: 68 million
Capital: Calcutta
Per Capita Income: Rs 6,877
Inflation Rate: 7%

Incentives:
  • 75% subsidy (up to Rs 50,000) on the cost of feasibility studies and project reports
  • Capital subsidy of 15%, 20% and 30% of fixed capital investment in Areas B, C, and D
  • Capital subsidy of 40% for small-scale units with fixed capital investments up to Rs 200,000
  • Sales tax deferment of 70% of fixed capital assets (7 years) in Area B and 85% (8 years) in Area C
  • Sales tax remission of 70% of fixed capital assets (5 years) in Area B and 85% (7 years) in Area C
  • Sales tax exemption on inputs for 5 to 9 years for new units and 4 to 8 years for existing units
  • Subsidy of 25% (up to Rs 750,000) on the purchase and installation of generating sets
  • 3-year exemption from octroi for units located outside the Calcutta Metropolitan area




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