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Economy in Kolkata


Economy in Kolkata

Kolkata is fast developing into a modern infotech city with various private sector companies setting up shop here. The landscape of the city is also fast changing with flyovers, gardens and several new commercial establishments. Kolkata city itself has expanded into its suburbs, with the Greater Kolkata stretching from Kalyani (in Nadia District) in North to Diamond Harbour in South (in the South 24 Parganas District). The city's fortunes have looked up since the early nineties, coinciding with the liberalization of the Indian economy. Its economy has been amongst the fastest growing in the country. The New Metro city is characterised by popular spots like Inox Multiplexes, Nandan, Tantra, Barista Coffee Shops, Sourav's Pavilion and Science City. Kolkata is home to 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 and wagons. Several industrial estates like Taratola, Kalyani, Uluberia, Dankuni, Kasba, Howrah are spread throughout the urban agglomeration. A huge leather complex has come up at Bantola. An export processing zone has been set up in Falta. Specialized setups like the country's first Toy Park, and a Gem and Jewellery Park have also been established. Kolkata is also starting to become a major hub for the IT (Information Technology) industry. With the formation of New Town at Rajarhat and extension of Salt Lake's Sector-V, Kolkata is rapidly turning into a pro-IT town. More and more businesses are coming to Kolkata to set up their offices.

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Kolkata Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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