Advantage Bengal – The New Growth Engine of India

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Azadi Ka Amrit Mahoutsav

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Advantage Bengal – The New Growth Engine of India

Advantage Bengal – The New Growth Engine of India

Bengal has multiple advantages as an investment destination – be it strategic location, robust physical infrastructure, economic power or culture. Listed below are the factors linked to each of these aspects.

Strategic Location

· Gateway to eastern and south-eastern Asia and north-eastern India

· Shares international borders with Bangladesh, Nepal and Bhutan

· Well-connected with the booming hubs of Asia such as Singapore, Thailand and Malaysia

· Hinterland comprises mineral-rich states such as Jharkhand, Odisha and Chhattisgarh

· Encompasses a wide range of landscapes, from mountains (Himalayas) and their foothill regions (Dooars) to plains to deltaic region (Sundarbans) to sea beaches (coast of Bay of Bengal)

Infrastructure

· Roads: Third largest road network in India – more than 3,15,404 km

· Marine: Richly endowed with natural maritime advantages, has 950 km of waterfront

· Air connectivity: Three airports – one international (Kolkata) and three domestic (Kolkata, Andal, Bagdogra)

· Inland waterways: Leading in the country in terms of spread, density and reach of National Inland Waterways

· Railway: About 4,000 km of railway tracks

· Metro railway: Second largest Metro railway network in India

Leading Growth Engine of the Country

· Power: Largest power distributor in the country, both in terms of quality and quantity

· MSME (value): At US$ 15 billion, Bengal is the recipient of India’s highest bank credit flow to micro, small and medium enterprises (MSME) from 2011-12 (when Trinamool Congress came to power) to 2015-16

· MSME (quantity): State with second largest number of MSMEs (worth US$ 3.7 million enterprises)

· Vegetable production: Highest producer of vegetables

· Tea production: Second highest tea producer; home to the GI-registered world-famous Darjeeling Tea

· Mineral production: Third largest mineral producer, accounting for about one-fifth of the total mineral production

· Man-days lost: Zero man-days lost during the last six years

· Wi-Fi connectivity: Kolkata is the first metro city in India with Wi-Fi connectivity on 4G

Rich Culture

· Birthplace of modern Indian literary and artistic thought

· Kolkata is referred to as the ‘Cultural Capital of India’

· Pioneer of cosmopolitan culture in the country

· Land of Mother Teresa, Rabindranath Tagore, Satyajit Ray and many more icons

 

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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