Doing business in Kolkata: Kolkata, formerly known as Calcutta, is the capital city of West Bengal. This city is considered as a Gamma World City. This urban agglomeration contains 1,750 square kilometers of land with a population of over 13 million people. It has undergone recent growth with an increase in industrialization and commercialization. There has been a significant influx of international corporations in this city.
Business
Doing business in Kolkata: Kolkata is considered as the financial and commercial center of east India. The financial center, Calcutta Stock Exchange, is housed here. There is a significant IT (Information Technology) sector growing at a yearly rate of 70%. Some of the well known companies in the area include ITC Limited, Britannia Industries and Exide Industries as well as the Government of India Mint. It is a financial center that houses the Bank of India, Allahabad Bank, and UCO Bank.
Features
Kolkata is home to a naval base. The new harbor at Haldia has contributed to an increased influx of industrial activity to the area. The city has been focusing on trade with the East. There are also several colleges and universities that focus on training upper echelon workers and executives.
Transportation
Kolkata is the only city in the area to have an international airport. There is also a railway and tram system. Kolkata is home to the headquarters of two sections of the Indian Railways. There is also a long distance railway connecting Kolkata to other import industrial cities in India. Both public and private bus transportation systems provide an easy commute throughout the city.
As living space is plentiful and very inexpensive, this city has attracted many companies and is becoming a world business hub.
Useful Links
Amritt in the News
Third Party Resources
Kolkata, the former capital of British India – The view from Global Traveler USA in 2008
Last updated: December 17th, 2013
