How to Start Manufacturing Industry in West Bengal - Introduction

West Bengal is in the eastern part of India. It covers an 88,752 km area, and the state has to the north Bhutan and Sikkim, to the east is Bangladesh, to the northeast is Assam, south is the Bay of Bengal, to the west is Bihar& Jharkhand, to the southwest is Orissa, and to the northwest is Nepal. 

The heterogeneous geographical division of West Bengal has plenty of natural assets as it stretches from the Himalayan mountain ranges Darjeeling in the north to the south Gangetic Plain. It includes the quiet beaches of the largest Delta which is the natural habitat.

West Bengal is the fourth populous state and offers a unique richness to India with its lifestyle, customs, languages, cuisines, and traditions. The Himalayan ranges grandeur to the sea in the south, West Bengal state has lots to flourish. 

West Bengal, in its economic size, is the sixth largest state. It produces rice in the largest quantity totaling 14.99 million tonnes in 2017-18. The fish produced is also making it the major state producing 1.85 million tonnes in 2018-19.

In 2021, 11,036.88 MW power generation capacity was installed, of which the state utilities had 6497.95 MW, 2883.31 MW is with the private sector, and central utilities with 1655.62 MW.  Of the total installed power capacity, 9,072.62 MW was contributed by thermal power, 1,396.00 MW by hydropower, and 568.26 MW by renewable power. West Bengal's export of IT has risen and is anticipated by 2030 to reach 25%.  In 2020 December, the West Bengal state government approved the deep sea port construction in Tajpur, and it will be constructed for Rs. 15000 crores.

Fortunately, West Bengal did not lose the growth momentum even with the headwinds of the pandemic going ahead. Thus, mega projects are rolling and the state government is focusing on industrialization giving key priority to ensuring sustainable economic expansion.

List of the state schemes to start a new manufacturing unit 

In the 2020-21 State Budget, the West Bengal government allocated to Public Works (Roads) Department Rs. 4,400 crores. From this, the state highways development is given Rs. 2092 crore, and the district and other roads are with Rs. 1820 crore.

The state of West Bengal is the second largest in India in growing tea. The production of tea in total in West Bengal in 2019-20 is 415.48 million kgs, making it 29.27% of the total production of tea in India. In March 2021 the inflows of FDI in West Bengal is at 605.17 US $ million. 

Business Loan schemes by the state government.

The inland transportation water infrastructure is set for improvement near Kolkata by the state and central government, while the World Bank joined hands with the US $105 million. 

The state invested Rs. 4.45 lakh crore in five global summits organized in the state in a large industry. The state government introduced the IT and Electronics policy to develop the West Bengal economy. Thus in 2020-2021, the state government sanctioned to commerce, industries, and Enterprises Department Rs.1158.40.

The West Bengal government introduced Tea tourism to promote tourism and to use the tea garden, which is unused in the state.

Why to Invest in West Bengal:

  • West Bengal is located on the east coast of India with the Bay of Bengal in the south and shares its international border with Nepal, Bhutan and Bangladesh.
  • Leading in the country in terms of spread, density, reach of National Inland Waterways and 3rd Largest in India in terms of road coverage with 16 National Highways and 2 Asian Highways  
  • Largest producer of vegetables and Paddy in India
  • 2nd largest producer of tea in India- The land of the famous Darjeeling Tea
Situated in Eastern India, West Bengal shares international borders with Bangladesh, Bhutan and Nepal. The state also shares borders with Jharkhand, Bihar, Odisha, Sikkim and Assam. 
 
The State has vast road network of 3,15,404 km with road density of 333.5 km per 1000 sq. metre. It has 3rd largest road coverage in the country with 16 National Highways and 2 Asian Highways. The state is also leading in rail density with ~4000 km of railway tracks and has 2nd largest metro rail network in the country. 
 
The State is richly gifted with natural maritime advantages and navigable waterways with 950 km of waterfront and 13% of national coastline. It has 2 large container and bulk handling ports at Kolkata and Haldia. A deep seaport is upcoming at Tajpur with enhanced connectivity to South East Asia. It has 2 international airports at Kolkata and Bagdogra and 1 private sector greenfield airport at West Bardhhaman. [source]
 

Top 12 Profitable Industries to Start in West Bengal


  • Bath Soap Unit
  • Cancer Hospital & Research Centre
  • Chicken & Meat Processing To Make Sausages Home & Salami Etc
  • Disposable Syringes Manufacturing Unit 
  • Jute Gunny Bag Mfg Unit 
  • Lemon Grass Cultivation
  • Mustard Oil
  • Potato Powder Unit 
  • Pet Bottle Recycling
  • Paper Cups & Plates Manufacturing Unit 
  • Tea Packaging
  • Herbal Hand Sanitizer
     

Other profitable business you can consider are:

  • Ayurveda & Panchkarma Resorts
  • Asafoetida Compounded Hing
  • Alum Manufacturing Unit
  • Aluminium Foil Container
  • Alcoholic Beverages Unit
  • Acid Thickener
  • Aluminium Extrusion & Anodising Plant
  • Activated Bleaching Earth
  • Bakery Unit
  • Ball Pen Manufacturing Unit 
  • Banquet Hall
  • Brushless Dc Motor
  • Beer Manufacturing Unit
  • Biodegradable Bag
  • Biodegradable Package Using Rice Husk
  • Biochemisry Reagents Manufacturing Unit 
  • Biodegrable Bioplastic
  • Bath Soap Unit
  • Coconut Charcoal & Carbon
  • Corn Grit Unit
  • Cancer Hospital & Research Centre
  • Corrugated Box
  • Conveyor Belt
  • Cotton Diya Batti Manufacturing Unit
  • Cold Storage Unit
  • Chicken & Meat
  • Cork Sheet Industry
  • Chicken & Meat Processing To Make Sausages Home &  Salami Etc
  • Dps School
  • Dishwashing Unit
  • Duck Farming
  • Decorative Laminate Industry
  • Detergent Manufacturing Unit
  • Dextrose Saline
  • Dhoop Agarbatti Making Unit
  • Diagnostic Lab
  • Disposable Syringes Manufacturing Unit
  • Edible Oil Refining
  • Electric Vehicle
  • Electric Three Wheeler Manufacturing Unit 
  • E-Rickshaw
  • Egg Tray From Pulp
  • Flush Door
  • Ferric Oxide
  • Fish Farming
  • Ginger Oil Extraction
  • Galvanizing Plant
  • Ginger & Garlic Paste
  • Hard Anodized Pressure Cooker & Utensil
  • Hdpe Drum & Barrels
  • Hospital Disposable Products
  • Interlocking Concrete Block
  • Indian Kitchen Spice
  • Jute Gunny Bag Mfg Unit
  • Kraft Paper Bag
  • Lithium Ion Battery Assembly Plant
  • Laundry & Dry Cleaners
  • Lemon Grass Cultivation
  • Lithium Ferro Phosphate Battery For Evehicle & Solar Street Light Etc.
  • Led Lumenaries Assembling Unit
  • Leather Tanning Unit
  • Liquid Calcium & Minerals, Vitamins Mixture Plant For Cattles
  • Mineral Water Packaging
  • Medicine Pain Killer
  • Maize Processing Unit
  • Motorcycle Tyre Manufacturing Unit 
  • Meta Uriedo Aniline
  • Mustard Oil
  • Nursing Coolege
  • Natural Caffeine
  • Non Woven Tarpaulin
  • Play School
  • Potato Powder Unit
  • Plastic Moulding Unit
  • Pet Bottle Recycling
  • Paper Shopping Bag
  • Pp Woven Sacks Manufacturing
  • Pvc Tapes
  • Poultry & Hatchery Farming
  • Printing & Packaging Unit
  • Pvc Pipe Unit
  • Plastic Granules Making Unit
  • Paint Manufacturing Unit
  • Paper Cups & Plates Manufacturing Unit
  • Rooling Mill 
  • Sintered Metal Auto Components
  • Slaughter House
  • Silicone Manganese
  • Steel Pipe Plant
  • Soya Chunk Manufacturing Unit 
  • Sanitary Napkin & Baby Diapers Manufacturing Unit 
  • Stoving Thinner
  • Soap & Detergent Manufacturing Unit 
  • Soya Meat Manufcturing Unit
  • Silicone Foam Manufacturing For Railway
  • Sanding Sealer Lacquer, Pu Wood Coating & Varnish Manufacturing Unit 
  • Ss Tube Manufacturing Unit 
  • Truck Tyre Manufacturing Unit 
  • Toughened Glass
  • Tea Packaging
  • Tableware From Rice Husk
  • Veterinary Manufacturing Unit 
  • Water Park
  • Wire Nail Manufacturing Unit 
 
If you need any help in creating project report or need any detail related to starting new industry, please contact us
 

BANKABLE PROJECT REPORT

Before you start any industry, you need to get project report prepared. Readers who do not know about project report, let me explain - A Project Report is a document which provides details on the overall picture of the proposed business. The project report gives an account of the project proposal to ascertain the prospects of the proposed plan/activity.
 
Project Report is a written document relating to any investment. It contains data on the basis of which the project has been appraised and found feasible. It consists of information on economic, technical, financial, managerial and production aspects. It enables the entrepreneur to know the inputs and helps him to obtain loans from banks or financial Institutions.
 
The project report contains detailed information about Land and buildings required, Manufacturing Capacity per annum, Manufacturing Process, Machinery & equipment along with their prices and specifications, Requirements of raw materials, Requirements of Power & Water, Manpower needs, Marketing Cost of the project, production, financial analyses and economic viability of the project.
 

Below are few mandatory details you should include in your project report:

  • Present Market Position and Expected Future Demand,
  • Market Size,
  • Statistics,
  • Trends,
  • SWOT Analysis and
  • Forecasts.
 
Report provides a comprehensive analysis from industry covering detailed reporting and evaluates the position of the industry by providing insights to the SWOT analysis of the industry.
 

Report should include:

  • Plant Capacity,
  • requirement of Land & Building,
  • Plant & Machinery,
  • Flow Sheet Diagram,
  • Raw Materials detail with suppliers list,
  • Total Capital Investment along with detailed calculation on Rate of Return,
  • Break-Even Analysis and
  • Profitability Analysis.
 
The report should also provides a bird's eye view of the global industry with details on projected market size and then progresses to evaluate the industry in detail.