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
Famous quotes containing the words major, companies and/or based:
“Staff has a genius for sitting on its brains and coming up with perfect hindsight.”
—Leo V. Gordon, U.S. screenwriter, and Arthur Hiller. Major Craig (Rock Hudson)
“Socialite women meet socialite men and mate and breed socialite children so that we can fund small opera companies and ballet troupes because there is no government subsidy.”
—Sugar Rautbord, U.S. socialite fund-raiser and self-described “trash” novelist. As quoted in The Great Divide, book 2, section 7, by Studs Terkel (1988)
“Because it is not always easy for an adult to predict what inaccurate ideas a child may have, it can help to answer questions first with one of your own: “What do you think?” Once you find out what a child is really asking, you’ll be in a better position to give a helpful answer based on the facts.”
—Joanna Cole (20th century)