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Company Registration ( Formation/ Incorporation/ Setup ) in West Bengal, India

Get professional consultancy for company registration, setup services in West Bengal state of India at most affordable rates. GKS Consulting has served private limited companies, public limited companies, one person companies, limited liability partnerships etc all over the country. Apart from company Setup in West Bengal we also provide company conversion services, Foreign direct invest (FDI) assistance, NRI tax and business consultancy etc.

We have assisted over 100 companies in the state of Darjeeling, Jalpaiguri, Alipurduar, Raiganj, Maldah, Kolkata, murshidabad, Bardhaman, Hooghly etc. The major industries in West Bengal that have enlisted our services are Tea, petroleum and petrochemicals, leather. Iron and steel, information technology, mineral resources, automobile and auto components, biotechnology, fisheries, jute products and textiles.

The sixth largest economy Indian state is West Bengal it recorded a gross state domestic product (GSDP) of US$ 117.4 billion in the years 2013-2014. West Bengal GSDP increased at a compound annual growth rate of 14.5% in the years 2005-2014.

The state is the second biggest tea-producing state of India. The prime center for the country’s jute industry is Kolkata.
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The advantage in location that West Bengal has makes it a traditional market for eastern India, the Northeast, Nepal and Bhutan. The state is a strategic entry point for markets in the south eastern part of Asia. Operating a business in Kolkata is much lower compared to other metropolitan cities.

There is plentiful of natural resources in West Bengal. It is has a suitable climate for doing agriculture, horticulture and fisheries. It is also in close proximity with mineral rich states such as Jharkhand, Bihar and Odisha. The state provides a very good connectivity to the whole of India in terms of the railways, roadways, ports and airports.

Need Quick and Reliable Online Private Limited Company Incorporation, Fresh Company Registration, New Co. Formation and Business Set-up Services anywhere in West Bengal, India: Top Company Formation Experts, Best Indian Chartered Accountants (CPA), Reliable Company Experts, Renowned Consulting Company, National level Advisors / Consultants of West Bengal - Ask Companysetupindia.com, a unit of GKS Consulting Private Ltd.

About: West Bengal is an Indian state, located in Eastern India on the Bay of Bengal. With over 91 million inhabitants (as of 2011), it is India's fourth-most populous state. It has an area of 88,752 km2 (34,267 sq mi). A part of the ethno-linguistic Bengal region of the Indian subcontinent, it borders Bangladesh in the east, and Nepal and Bhutan in the north. It also borders the Indian states of Odisha, Jharkhand, Bihar, Sikkim, and Assam. The state capital is Kolkata (Calcutta), the seventh-largest city in India. As for geography, West Bengal includes the Darjeeling Himalayan hill region, the Ganges delta, the Rarh region, and the coastal Sundarbans. The main ethnic group are the Bengalis, with Bengali Hindus forming the demographic majority. The area's early history featured a succession of Indian empires, internal squabbling, and a tussle between Hinduism and Buddhism for dominance. Ancient Bengal was the site of several major Janapadas (kingdoms), while the earliest cities date back to the Vedic period. The region was part of several ancient pan-Indian empires, including the Mauryans and Guptas. It was also a bastion of regional kingdoms. The citadel of Gauda served as the capital of the Gauda Kingdom, the Buddhist Pala Empire (eighth to 11th century) and Hindu Sena Empire (11th–12th century). From the 13th century onward, the region was ruled by several sultans, powerful Hindu states, and Baro-Bhuyan landlords, until the beginning of British rule in the 18th century. The British East India Company cemented their hold on the region following the Battle of Plassey in 1757, and Calcutta served for many years as the capital of British India. The early and prolonged exposure to British administration resulted in an expansion of Western education, culminating in developments in science, institutional education, and social reforms in the region, including what became known as the Bengali Renaissance. A hotbed of the Indian independence movement through the early 20th century, Bengal was divided during India's independence in 1947 along religious lines into two separate entities: West Bengal, a state of India, and East Bengal, a province of Pakistan which later became independent Bangladesh. Between 1977 and 2011 the state was administered by the world's longest elected Communist government.

The economy of West Bengal is the sixth-largest state economy in India with 10.49 lakh crore (US$150 billion) in gross domestic product and a per capita GDP of 108,000 (US$1,500). The state's cultural heritage, besides varied folk traditions, includes authors in literature, such as Nobel laureate Rabindranath Tagore. Kolkata is known as the 'cultural capital of India'. West Bengal is also known for its enthusiasm for the sport of association football, as well as cricket.

Major Towns of West Bengal: Alipurduar, Bankura, Paschim Bardhaman(Asansol), Purba Bardhaman(Bardhaman), Birbhum(Suri), Cooch Behar, Dakshin Dinajpur(Balurghat), Darjeeling, Hooghly(Chinsurah), Howrah, Jalpaiguri, Jhargram, Kalimpong, Kolkata, Maldah(English Bazar), Murshidabad(Baharampur), Nadia(Krishnanagar), North 24 Parganas(Barasat), Paschim Medinipur(Midnapore), Purba Medinipur(Tamluk), Purulia, South 24 Parganas(Alipore), Uttar Dinajpur(Raiganj).

Economy of West Bengal: West Bengal has the sixth largest economy in India with 10.49 lakh crore (US$150 billion). It is primarily dependent on agriculture and medium-sized industry, although services and heavy industries play an increasingly significant role in the economy of the state. Years after independence, West Bengal was still dependent on the central government for meeting its demands for food as production remained stagnant and the Green Revolution bypassed the state. However, there has been a significant spurt in food production since the 1980s. The state is now one of the few with a surplus, producing nearly 20% of the rice and 33% of the potato yield in 2004, despite accounting for only 7.55% of the population of India. The state's total financial debt stood at 1,918 billion (US$27 billion) as of 2011.

Net State Domestic Product at Factor Cost at Current Prices (2004–05 Base)

Figures in crores of Indian Rupees

Year Net State Domestic Product

2004–2005 190,073

2005–2006 209,642

2006–2007 238,625

2007–2008 272,166

2008–2009 309,799

2009–2010 366,318

Agriculture and Livestock: Agriculture accounts for the largest share of the labour force. It contributed around 18.7% to the gross state domestic product (GSDP) in 2009–10. A plurality of the state's population are peasant farmers. Rice and potato are considered to be the principal food crops of West Bengal. West Bengal is the largest producer of rice in India with an annual output of around 16.1 million tonnes in FY 2015-16, and the second-largest producer of potatoes in India with an average annual output of 11 million tonnes in FY 15. Rice, potato, jute, sugarcane and wheat are the top five crops of the state. Other major food crops include maize, pulses, oil seeds, wheat, barley, and vegetables. The state supplies nearly 90% of the potato requirement and 66% of the jute requirements of India. Tea is another important cash crop.Darjeeling is globally recognised for tea plantation of the acclaimed Darjeeling Tea variety.

Given below is a table of 2015 national output share of select agricultural crops and allied segments in West Bengal based on 2011 prices.

Segment National Share %

Jute 82.5

Betel 75.8

Cauliflower 43.1

Sweet potato 37.3

Brinjal 34.2

Cabbage 28.4

Inland fish 28.2

Radish 27.0

Jackfruit 26.8

Tea 25.6

Pineapple 25.2

Okra 24.8

Litchi 24.2

Potato 22.2

Grass pea 21.0

Mesta 20.4

Narcotics 19.2

Sesamum 19.2

Guava 14.7

Paddy 14.2

Papaya 13.8

Fruit and vegetable 13.0

Marine fish 11.6

Water melon 11.1

Bean 10.9

Cashew nut 9.9

Masoor 9.7

Sericulture and Apiculture 9.7

Egg 9.6

San hemp 9.6

Tomato 9.6

Sapota 9.5

Meat 9.2

Green pea 8.4

Chilli 8.3

Mango 8.2

Ginger 8.0

Cereal 7.8

Banana 7.0

Rape seed and mustard 6.4

Dung 5.9

Garlic 5.9

Kitchen garden 5.4

Straw and stalk 5.4

Moong 5.2

West Bengal, the second largest tea-producing state in India, produced 329.3 million kg of tea in 2014-15, accounting for 27.8 percent of the country's total tea production. In 2015-16, West Bengal produced approximately 2.38 mt of sugarcane and 3.1 mt of fruits. The state is the largest vegetables producing state in India with 25466.8 thousand MT of production in 2012-13. West Bengal is one of the largest fish producing states in India. West Bengal accounts for nearly 10% of the country's edible oil production. The state produced a total of 1.63 million tonnes of fish in 2015-16 compared to a production of 1.61 million tonnes during 2014-15, retaining second spot after Andhra Pradesh in fish production. West Bengal produced around 4961 thousand tonnes of milk in FY14-15. The state is the third largest meat producing state in the country (including poultry) after Uttar Pradesh and Andhra Pradesh, producing 0.648 million tonnes of meat in 2012-13 and it is the largest producer of goat meat.

Industry: State industries are mostly localised in the Kolkata region, the mineral-rich western highlands, and Haldia port region. There are up to 10,000 registered factories in the state and the West Bengal state government has opened Shilpa Sathi, a single window agency in order to provide investors with all kinds of assistance in establishing and running industrial units.[11] Kolkata is noted as one of the major centres 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 fertilisers. Natural resources like tea and jute in and nearby parts have made West Bengal a major centre for the jute and tea industries. West Bengal is at the forefronts of leather processing and leather goods manufacturing and has around 666 units producing leather and leather related goods. Currently, 22-25 percent of India's tanning activity is undertaken in Kolkata and its suburbs. 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.

Infrastructure:

Power and Energy: As of end of May 2016, according to data released by Central Electricity Authority on its site cea.nic.in, the installed power capacity of the state is 9984.4 MW, compared to 303.083 GW of the country. Of the total installed power capacity, 8523.83 MW was contributed by thermal power, 1,328.3 MW was contributed by hydro power and renewable power together. West Bengal government's ministry of power, in its report, enumerates individual power generating stations in West Bengal along with their respective locations and generating capacities while mentioning the total installed capacity as 13826 MW as of March 2015. As of end of April 2016, 37449 out of 37463 villages, i.e. 99.96℅ of inhabited villages in West Bengal were cumulatively electrified.

Communication and Transportation: As of 2011, West Bengal has a total road length of 92,023 kilometres (57,180 mi), with a road density of 1.04 km per km2. Of this, national highways constitute 2,578 kilometres (1,602 mi) and state highways 2,393 kilometres (1,487 mi). As of June 2015, the central government mulled augmenting the state's national highways' length by another couple of thousand kilometres in a bid to supplement to India's plan of seamless BBIN connectivity through Nepal,Bhutan,India and Bangladesh, subject to availability of land,by investing in the tunes of US$4–5 billion.

Industry: As of 2011, the state has 22 formally approved special economic zones (SEZ). Of these, 17 are related to information technology (IT) or IT,enabled services (ITES)

Foreign Direct Investment: Under the overall guidance and policies of the government of India, the West Bengal government welcomes foreign technology and investments as may be appropriate for the needs of the state and is mutually advantageous. Foreign direct investment has mostly come in the manufacturing and telecommunication sectors.According to the Department of Industrial Policy & Promotion, Government of India, the cumulative FDI inflow in Kolkata Reserve Bank region (comprising West Bengal, Sikkim, Andaman and Nicobar Islands) from April 2000 to September 2016 amounted to US$ 3967 million. Kolkata Reserve Bank region was seventh among the reserve bank regions of the country in terms of amount of cumulative FDI, behind Mumbai, New Delhi, Bangalore, Ahmedabad, Chennai and Hyderabad regions.

Transport: As of 2011, the total length of surface road in West Bengal is over 92,023 kilometres (57,180 miles); national highways comprise 2,578 km (1,602 mi) and state highways 2,393 km (1,487 mi). As of 2006, the road density of the state is 103.69 kilometres per square kilometre (166.87 miles per square mile), higher than the national average of 74.7 km/km2 (120.2 mi/sq mi).

As of 2011, the total railway route length is around 4,481 km (2,784 mi). Kolkata is the headquarters of three zones of the Indian Railways – Eastern Railway and South Eastern Railway, and the Kolkata Metro, which is the newly formed 17th zone of the Indian Railways. The Northeast Frontier Railway (NFR) serves the northern parts of the state. The Kolkata metro is the country's first underground railway. The Darjeeling Himalayan Railway, part of NFR, is a UNESCO World Heritage Site.

Netaji Subhas Chandra Bose International Airport at Dum Dum, Kolkata, is the state's biggest airport. Bagdogra Airport near Siliguri is a customs airport that offers international service to Bhutan and Thailand, besides regular domestic service. Kazi Nazrul Islam Airport, India's first private sector airport, serves the twin cities of Asansol-Durgapur at Andal, Bardhaman.

Kolkata is a major river port in eastern India. The Kolkata Port Trust manages the Kolkata and the Haldia docks. There is passenger service to Port Blair on the Andaman and Nicobar Islands and cargo ship service to ports in India and abroad, operated by the Shipping Corporation of India. Ferries are a principal mode of transport in the southern part of the state, especially in the Sundarbans area. Kolkata is the only city in India to have trams as a mode of transport, and these are operated by the Calcutta Tramways Company.

Several government-owned organisations operate bus services in the state, including the Calcutta State Transport Corporation, the North Bengal State Transport Corporation, the South Bengal State Transport Corporation, the West Bengal Surface Transport Corporation, and the Calcutta Tramways Company.[130] There are also private bus companies. The railway system is a nationalised service without any private investment.[131] Hired forms of transport include metered taxis and auto rickshaws, which often ply specific routes in cities. In most of the state, cycle rickshaws, and in Kolkata, hand-pulled rickshaws and electric rickshaws, are used for short-distance travel.

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