West Bengal, India Market Summary
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West Bengal, India Market summary The Victoria Memorial, Kolkata - a memorial building dedicated to Former Empress of India Introduction West Bengal – Key industry facts The state of West Bengal with its capital, Kolkata, is the highest performing economy in Eastern India. Headquarters to several major mineral processing equipment manufacturers The former capital of British India, West Bengal leads in steel, mining, railways, leather, jute and tea. Hub for engineering design and consultancy pertaining to mining, mineral processing and West Bengal is the 6th largest economy in India and metals the gateway to eastern and north-eastern India as Major steel producing state with two integrated well as a gateway from India for Southeast Asian steel plants countries Home to three major railway wagon and coach manufacturing units Quick facts Hosts the single largest Japanese FDI in India, for global supply of PTA Area: 88,752 sq.km Well-developed manufacturing sector, focussed Population: 91.35 million on engineering State GDP: US$ 89.30 billion West Bengal is known as the "cultural capital of India" Major cities Large tea growing, processing and packaging centre hosting the major tea auction houses of Kolkata - Capital of the State of West Bengal the world Asansol Durgapur agglomeration: Major steel, Large jute processing centre mining and engineering hub of India Haldia: Port city with chemical, engineering and logistics units Australia – West Bengal business Siliguri - The gateway to the north east India relationships West Bengal is the traditional entry point for Australian coking coal and pulses For more information email [email protected] or visit austrade.gov.au West Bengal is the most significant mining Railway management technologies equipment, technology & services [METS] market Pulses and agricultural commodities for Australian companies in India UGL Rail Australia has a joint venture with Kolkata based Texmaco for a joint facility in Further information Kolkata for the manufacture of rail bogies, wagons and so on West Bengal Industry Development Corporation Ltd - www.wbidc.com Kolkata based Tega Industries acquired Australian manufacturer of mining products, West Bengal Government - Losugen Pty Ltd www.westbengal.gov.in Cooee Asia has a joint venture with Kolkata The Bengal Chamber of Commerce & Industry - based Sumeru India to manufacture and www.bengalchamber.com distribute dust suppression products in India The Australian Trade Commission Australian companies based in West The Australian Trade Commission – Austrade – is Bengal the Australian Government’s trade, investment and Orica / IEL- Mining explosives education promotion agency. India Resources Ltd - Contract mining Through a global network of offices, Austrade assists Mineral Technologies – mineral beneficiation Australian companies to grow their international components business, attracts productive foreign direct Enthalpy Geovale alliance - Geo-mining investment into Australia, and promotes Australia’s consultancy education sector internationally. SIMTARS - Safety in mines The Austrade office in Kolkata services the State of Mine Site – Underground mine communications West Bengal. For more information call 132878 or and mine management systems email to [email protected] Thiess India - Contract mining Dassault Geovia- Mine planning software DISCLAIMER While every effort has been made to ensure the information given Pollinate Energy – Solar powered equipment in this document is accurate, The Australian Trade Commission Cooee Asia Pty Ltd – Dust suppression systems does not provide warranty or accept liability for any loss arising from reliance on such information. ©Commonwealth of Australia 2015 Key investments from West Bengal in Publication date: September 2015 Australia TEGA India - Mining technologies Australian education & research activities SIMTARS Australia provides mine safety training to Coal India and SAIL Major industry opportunities for Australia Mining equipment, technology and services Contract mining Skills development in areas like mining and project management .