Economy of West Bengal - Industry

Industry

State industries are mostly localized in the Kolkata region, the mineral-rich western highlands, and Haldia port region. West Bengal is well known for its position among one of the leading industrialized states of India. There are up to 10,000 registered factories in the state and the West Bengal state government has opened Shilpa bandhu, a single window agency in order to provide investors with all kinds of assistance in establishing and running industrial units. Calcutta is noted as one of the major centre for industries including the jute industry. There are numerous steel plants in the state apart from the alloy steel plant at Durgapur. The centre has established a number of industries in the areas of tea, sugar, chemicals and fertilizers. Natural resources like tea and jute in and nearby parts has made West Bengal a major centre for the jute and tea industries. The state's share of total industrial output in India was 9.8% in 1980–81, declining to 5% by 1997–98. However, the service sector has grown at a rate higher than the national rate.

Read more about this topic:  Economy Of West Bengal

Famous quotes containing the word industry:

    My plan of instruction is extremely simple and limited. They learn, on week-days, such coarse works as may fit them for servants. I allow of no writing for the poor. My object is not to make fanatics, but to train up the lower classes in habits of industry and piety.
    Hannah More (1745–1833)

    What more is necessary to make us a happy and prosperous people? Still one thing more … a wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from labor the bread it has earned.
    Thomas Jefferson (1743–1826)

    Your representative owes you, not his industry only, but his judgement; and he betrays instead of serving you if he sacrifices it to your opinion.
    Edmund Burke (1729–1797)