GDP and Major Companies Based in Kolkata
According a Pricewaterhouse Cooper's report, as of 2009, Kolkata's economic output as measured by gross domestic product as 104 US dollars, and ranks third among South Asian cities, behind Mumbai and Delhi. However, As of 2010, Kolkata, with an the estimated Gross domestic product (GDP) by purchasing power parity of 150 billion dollars, ranked third among South Asian cities, after Mumbai and Delhi. With its huge economy and cheap living expenses it is one of the World's major center of business in GDP PPP terms. Many industrial units, of large Indian corporations, whose product range is varied and includes - engineering products, electronics, electrical equipment, cables, steel, leather, textiles, jewellery, frigates, automobiles, railway coaches, wagons, tea, paper, pharmaceuticals, chemicals, tobacco, food products, jute products etc. are Headquartered in Kolkata. Recently the city has been transformed to a major Information Technology hub in India.
Some notable companies Headquartered in Kolkata include ITC Limited, H R Group, Tata Steel Processing & Distribution Ltd, Coal India Limited, Haldia Petrochemicals, Exide Industries, Hindustan Motors, Britannia Industries, Bata India, Birla Corporation, CESC Limited, RPG Group, Bengal Ambuja, Linc Pen & Plastics, Philips India, Eveready Industries, Visa Group, Damodar Valley Corporation, India Govt. Mint and Peerless Group, Hindustan Motors, Usha Martin, Jai Balaji group, Orient Airways, KKN Group, Chirag Computers, Bengal Ambuja, Berger Paints India Ltd, SIMOCO (First Wireless Equipment and Mobile phone manufacturers from East India), Emami Ltd., Eveready Industries India Ltd.,Stewarts & Lloyds Of India, Ltd., and Titagarh Wagons,and National Insurance Company.
Among these three of the Forbes Global 2000 listed companies are Headquartered in Kolkata, which includes ITC Limited, Allahabad Bank and Uco Bank.
Read more about this topic: Economy Of Kolkata
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