Upload
vuongtuyen
View
222
Download
2
Embed Size (px)
Citation preview
The MAP depicted is only a pictorial representation of State of West Bengal and does not purport to be the political map of West Bengal and is not drawn to scale
BENGAL Global Business Summit 2015 Roadmap: Positioning Bengal as India's Leading Investment Destination
TITLE Bengal-Global Business Summit 2015 Roadmap: Positioning Bengal as India’s Leading Investment Destination
YEAR January 2015
AUTHORS YES BANK
COPYRIGHT No part of this publication may be reproduced in any form by photo, photoprint, microfilm or any other means without the written permission of YES BANK Ltd.
DISCLAIMER
This report is the publication of YES BANK Limited (“YES BANK”) and so YES BANK has editorial control over the content, including opinions, advice, statements, services, offers etc. that is represented in this report. However, YES BANK will not be liable for any loss or damage caused by the reader’s reliance on information obtained through this report. This report may contain third party contents and third-party resources. YES BANK takes no responsibility for third party content, advertisements or third party applications that are printed on or through this report, nor does it take any responsibility for the goods or services provided by its advertisers or for any error, omission, deletion, defect, theft or destruction or unauthorized access to, or alteration of, any user communication. Further, YES BANK does not assume any responsibility or liability for any loss or damage, including personal injury or death, resulting from use of this report or from any content for communications or materials available on this report. The contents are provided for your reference only.
The reader/ buyer understands that except for the information, products and services clearly identified as being supplied by YES BANK, it does not operate, control or endorse any information, products, or services appearing in the report in any way. All other information, products and services offered through the report are offered by third parties, which are not affiliated in any manner to YES BANK.
The reader/ buyer hereby disclaims and waives any right and/ or claim, they may have against YES BANK with respect to third party products and services.
All materials provided in the report is provided on “As is” basis and YES BANK makes no representation or warranty, express or implied, including, but not limited to, warranties of merchantability, fitness for a particular purpose, title or non – infringement. As to documents, content, graphics published in the report, YES BANK makes no representation or warranty that the contents of such documents, articles are free from error or suitable for any purpose; nor that the implementation of such contents will not infringe any third party patents, copyrights, trademarks or other rights.
In no event shall YES BANK or its content providers be liable for any damages whatsoever, whether direct, indirect, special, consequential and/or incidental, including without limitation, damages arising from loss of data or information, loss of profits, business interruption, or arising from the access and/or use or inability to access and/or use content and/or any service available in this report, even if YES BANK is advised of the possibility of such loss.
Maps depicted in the report are graphical representation for general representation only.
CONTACTS
YES BANK Limited
Nikhil SahniSenior President - Government Relationship Management & Strategic Government Advisory
Northern Regional Office48, Nyaya Marg, Chanakyapuri New Delhi – 110 021Tel : +91 11 6656 9002Email : [email protected] : www.yesbank.in
Section 1 6 - 121. West Bengal - State Profile 62. Advantage West Bengal 83. Proposed Industrial Corridor 114. Physical Infrastructure Overview 12
Section 2 13 - 371. Focus Regions 132. Focus Sectors 173. Way Forward 33
Contents
BENGAL – Global Business Summit 20156
West Bengal – State Profile
Area 88,752 sq.km14th largest in India; 2.6% of India’s land area, 20 Districts
Capital City Kolkata 9th most populous city in India
Population (2011 census) 9.13 Crores 4th Largest in India
Population Density1,029 persons per sq.km
Higher than the National Average - 382 persons per sq.km
GSDP in 2013-14 (Constant Prices of 2004-05) INR 378, 687 Crores 6th in India
Per capita Income in 2013-14 (Constant prices of 2004-05)
INR 37,511 Crores 21st in India
Urbanization (Census 2011) 31 87% 19th in IndiaUrbanization (Census 2011) 31.87% 19th in India
Human Development Index 0.492 13th in India
Literacy Rate (Census 2011) 76.26% 20th in India, All India 74.04%
% of persons below Poverty (2011-12) 19.98% 15th in India, All India 21.92%Source: Planning Commission, Census 2011, United Nations Development Programme (UNDP), wbcmo.gov.in
BENGAL – Global Business Summit 2015 7
West Bengal – State Profile
Parameters Maharas-htra
Uttar Pradesh
Andhra Pradesh
Gujarat TamilNadu
WestBengal
Karnataka
Comparison with Key States
Area (sq.km) 307,713 240,928 160,205 196,024 130,058 88,752 44,212
Population (Census 2011) 11.2 19.9 4.9 6.0 7.2 9.1 2.5
No. of districts 35 71 13 26 32 20 21
Total GSDP in 2013-14 at constant prices of2004-05 in Rs Crores 897,786 468,271 250, 282 427,219 480, 618 378,687 198,858
Primary Sector Contribution 8% 21.9% 23% 11% 7% 22.2% 15%
Secondary Sector Contribution 28% 21.5% 21% 39% 29% 17% 28%y
Tertiary Sector Contribution 64% 56.5% 56% 50% 64% 60.8% 57%
Urbanization as per Census 2011 0.45 0.22 0.30 0.43 0.49 0.31 0.35
Human Development Index (HDI) as perHDI Report 2011 for 2007-08 0.572 0.380 0.473# 0.527 0.570 0.492 0.552
Cumulative FDI Equity Inflows from April2000 - September 2014 (Share to India)
329,552 (30%)
1,979(0 2%)
45,650#
(4%)47,867(4%)
77,426 (6%)
13,753(1%)
6,332 (0 6%)2000 - September 2014 (Share to India) (30%) (0.2%) (4%) (4%) (6%) (1%) (0.6%)
West Bengal GSDP (2013-14) - INR 378,687 Crores (2004-05 Constant Prices). YoY - 7.71%; 10-Yr CAGR (2004-05) – 6.14%
Source: Planning Commission, Census 2011, RBI, India Brand Equity Foundation (IBEF), UNDP, West Bengal State Economic Review, 2013 , wbcmo.go.in# Indicates the cumulative value of erstwhile Andhra Pradesh
BENGAL – Global Business Summit 20158
Advantage West Bengal
Strategic LocationThe State has a strategic location due to proximity to the vast markets of Eastern, North-Eastern and Northern India, as well as access to the ASEAN and SAARC regiong
Knowledge Hub of IndiaOne of the largest school-age population in the countryRich technical talent base of 225 ITIs and 140 PolytechnicsRich technical talent base of 225 ITIs and 140 PolytechnicsPresence of prestigious Institutions such as IIT, IIM, amongst others
Abundant Natural ResourcesL S i f J d iLargest State in terms of Jute productionLargest producer of Rice2nd largest producer of Potato2nd largest Tea producing State3rd largest State in terms of Mineral production
MSME hub of IndiaHighest investments in the country consecutively for 2012-13 and 2013-14Highest investments in the country consecutively for 2012 13 and 2013 14One of the major Textile hubs of the country including Garment, Hosiery, Handloom,Khadi and Silk
Source: IBEF, Industrial Policy of West Bengal , Report on 3 years of the West Bengal Government
BENGAL – Global Business Summit 2015 9
Advantage West Bengal
Amongst top 6 States in IndiaContributed nearly 7% to the economy of the country in 2012-13
Important Tourist DestinationDomestic tourist arrivals - 9th highest in the country (2013)Foreign tourist arrivals - 6th highest in the country (2013)
Well-developed InfrastructureGood connectivity through Road, Rail, Air and Water modes of transport3 Airports, 2 Sea ports and Chopper services are currently operationalp p pp y p
Part of proposed Industrial CorridorsDedicated Eastern Freight CorridorKolkata Amritsar Industrial CorridorKolkata - Amritsar Industrial Corridor
PowerWest Bengal is a power surplus State99.99% of villages are electrified
Source: Planning Commission, CARE Ratings, Ministry of Tourism, MoFPI
BENGAL – Global Business Summit 201510
Amritsar-Delhi-Kolkata Industrial CorridorNational Highway No. 2 National Highway No. 2
Asansol-Durgapur Belt• Heavy Industries hub of WB• Export Promotion Industrial Park• Proximity to Iron & Steel, Coal and Power
d i
Asansol-Durgapur Belt• Heavy Industries hub of WB• Export Promotion Industrial Park• Proximity to Iron & Steel, Coal and Power
d i producing zone• Bengal Aerotropolis Project• Durgapur to be developed as Smart City
producing zone• Bengal Aerotropolis Project• Durgapur to be developed as Smart City
• INR 5 000 Crore Matrix Fertilizer • INR 5 000 Crore Matrix Fertilizer
Proposed Key Projects• Multi Facility Proposed Key Projects• Multi Facility • INR 5,000 Crore Matrix Fertilizer
Plant of the Essar Group• Industrial Park spread over 1458
acres
• INR 5,000 Crore Matrix Fertilizer Plant of the Essar Group
• Industrial Park spread over 1458 acres
yHealthcare Infrastructure
• Setting up a Knowledge City
yHealthcare Infrastructure
• Setting up a Knowledge City
Upcoming Amritsar-Delhi-Upcoming Amritsar-Delhi-
• Financial hub of Eastern India• Several SEZ regions and IT parks• Financial hub of Eastern India• Several SEZ regions and IT parks
Kolkata Industrial CorridorKolkata Industrial Corridor
Sources: YES BANK Analysis, WBIDC, GoWB Urban Development Department Image Sources: Google Map, January 4, 2015 The MAP depicted in the report is only a pictorial representation of State of West Bengal and does not purport to be the political map of West Bengal and is not drawn to scale.
BENGAL – Global Business Summit 2015 11
Proposed Industrial Corridors
Eastern Dedicated Freight Corridor (EDFC)
Length of corridor – 1,839 kms
Amritsar-Delhi-Kolkata Industrial Corridor (AKIC)
Area covered on the length of corridor:150 200 k ith id f EDFC
States Covered –• Haryana, Punjab, Uttar Pradesh,
Jharkhand and West BengalA d l d D k i i W t B l
150 -200 km on either side of EDFC
The project to be developed on either side of Eastern Dedicated Freight Corridor
• Andal and Dankuni in West Bengal
Projected to cater traffic for -• Coal, Steel, Food Grains, Cement,
F tili Li t d G l d
States Covered –• Punjab, Haryana, Uttarakhand, Uttar
Pradesh, Jharkhand, Bihar and West Bengal
Fertilizers, Limestone and General goods
Status of Project –• Under progress
g• Asansol, Durgapur and Kolkata in West
Bengal• At least one Integrated Manufacturing
Cluster of 10 sq.km. to be set up in each of h 7 Sthe 7 States
Status of Project –• Establishment of AKIC Development
Corporation under progress with a equity Corporation under progress with a equity base of INR 100 Crore
Source: Dedicated Freight Corridor Corporation of India (DFCCIL), pib.nic.in
BENGAL – Global Business Summit 201512
Physical Infrastructure Overview
Roads & RailExtensive Road network: 299,209 km including - National Highways and State HighwaysRoad density (per 100 sq. km) - ~103.69 km (> National Average)Golden Quadrilateral Project will pass through the Northern Districts of the StateTotal railway route ~4,000 kmMetro projects in various urban areas are under implementation
Air3 Airports in the State include 2 Domestic Airports at Siliguri and Behala and an International Airport at Dum Dum3 Airports in the State include 2 Domestic Airports at Siliguri and Behala and an International Airport at Dum DumBengal Aerotropolis Projects Limited is developing India’s first airport city at Andal near Durgapur at a cost ofaround INR 13,200 CroreKolkata Airport won the Best Improvement Category Award in Asia Pacific Region under The Airport Service QualityAwards
PortsThe State has 2 major Ports located at Kolkata and HaldiaDP World is developing a Greenfield container terminal on the East bank of Hooghly river in Kulpi at a project cost ofINR 1,590 CroreThe State Government has recently approved INR 8,400 Crore for the Sagar Port Project
TelecomTeledensity - ~69.72%Wireless connections - ~ 4.2 Crore; Wire-line connections - ~ 5 Lakh;
PowerSurplus power growth - ~ 15 - 20% Power connections - ~ Over 1 Crore; Zones - ~ 5 Source: IBEF, Telecom Regulatory Authority of India, WBIDC
BENGAL – Global Business Summit 2015 13
Focus regions
Kolkatai f l f
2 1is fulcrum of development
3
Source: http://www.indiaprofile.comThe MAP depicted in the report is only a pictorial representation of State of West Bengal, districts of West Bengal and neighbouring states of West Bengal and do not purport to be the political map of West Bengal and its neighbouring states and is not drawn to scale.
BENGAL – Global Business Summit 201514
Focus Region 1 – Siliguri
North Eastern StatesDarjeeling District
Gangtok, Sikkim
SiliguriGuwahati, Assam
Delhi, Lucknow and Patna 430 Kms
564 Kms
ProspectsSiliguri to be developed as a Smart City
Kolkata
A Tourism hub with an active and growing presence of IT & Manufacturing industryIntegrated Industrial hub is being developed at Jalpaiguri region under Public PrivatePartnership (PPP)World Heritage Site Darjeeling Himalayan RailwayWorld Heritage Site - Darjeeling Himalayan RailwayPotential for Agro-based industries, Fruits Processing and Preservation, and Organic FarmingProximity to Nathu-la Pass Trade RouteState Government has recently announced to develop new road connecting Siliguri withState Government has recently announced to develop new road connecting Siliguri withBangladesh, Nepal and Bhutan at a project cost of INR 1,400 Crore
Source: West Bengal Industrial Development Corporation Limited (WBIDC), PwC Report, www.flags.net
BENGAL – Global Business Summit 2015 15
Focus Region 2 – Kolkata- Durgapur-Asansol
Key locationsKolkata - Highest contribution to the StateGSDP. Presence of 986 registered industrialunits and 14 industrial areas
The Eastern Dedicated Freight Corridor is proposed along the National Highway (NH) 2
units and 14 industrial areasHowrah – Presence of 3,049 registeredindustrial units and 11 industrial areasHooghly – Jute industry hub of the StateBardhaman – Mineral hub of the State
EnablersDurgapur Aerotropolis will be India’s firstAerotropolis project. Developed by BengalA t li P j t Ltd i i ti ithAerotropolis Projects Ltd. in association withSingapore’s Changi Airports International.Durgapur to be developed as SMART CITYMajor industries in the region include: • Aluminum/Iron and • Aluminum/Iron and
Steel/Mining/Petrochemicals/Agro based industries/Locomotives
Presence of skilled manpower around theregion:g• 17 Engineering colleges• 2 Deemed universities• 18 Polytechnics
Source: West Bengal State Economic Review 2013, West Bengal Industry Report 2013 , Official Website of Bengal Aerotropolis Projcets LimitedThe MAP depicted in the report is only a pictorial representation of State of West Bengal, districts of West Bengal and neighbouring states of West Bengal and do not purport to be the political map of West Bengal and its neighbouring states and is not drawn to scale.
BENGAL – Global Business Summit 201516
Focus Region 3 – Haldia
Prospects
Haldia is known as Industrial Capital ofWest Bengal
National Highway (NH) 6 connects port city of Haldia at Kolaghat
West Bengal5th Largest Port in IndiaPetrochemical hubMarine Gateway to Bhutan and NepalMitsubishi Chemicals has the 2ndMitsubishi Chemicals has the 2Largest Terephthalic Acid ProducingPlantPower company CESC is set tocommission a INR 4,600 Crore Thermalcommission a INR 4,600 Crore ThermalPower Plant in the regionMajor industries in Haldia include:• Agriculture and allied• Port related activitiesPort related activities• Petro-chemicals• Fertilizers
State Government has also announcedState Government has also announcedspecial support for restarting chemical andfertilizer units in the State
Source: HDA website, ICARE website , CESC Website, Google MapThe MAP depicted in the report is only a pictorial representation of India and does not purport to be the political map of India and is not drawn to scale.
BENGAL – Global Business Summit 2015 17
Focus Sectors
Urban Infrastructure & Infrastructure &
HousingIT Software & Hardware
Financial Services
Hospitality, Tourism &
Entertainment
Food Processing, Horticulture &
FloricultureFocus SectorsEntertainment Floriculture
MSME & Power &
M f t i
MSME & Textiles
Healthcare, Ed ti &
Power & Energy
Manufacturing Education & Skills
BENGAL – Global Business Summit 201518
1. Manufacturing
Key Statistics
9.95% - Contribution to GSDP (2004-05 Prices)valued at INR 37, 693 Crore in 2013-14
Prospects
Mega Industrial Corridors proposed:A it D lhi K lk t i it /E tvalued at INR 37, 693 Crore in 2013 14
10% of India’s GDP - Contribution ofmanufacturing sector to GDP in 2012
Amritsar – Delhi - Kolkata circuit /EasternDedicated Freight Corridor
2 Electronic System Design andManufacturing (ESDM) clusters are proposed
39% - Share of manufacturing sector in the totaloutstanding investments of INR 650.4 Crore in2013-14
60% Sh f E t I di ’ i i
Manufacturing (ESDM) clusters are proposedat Falta in South 24 Parganas and Naihati inNorth 24 Parganas
INR 851.68 Crore mega project proposed for60% - Share of Eastern India’s engineeringgoods export
Leading destination for Basic Metals, Coke andPetroleum Products Leather Food Textile
g p j p pdeveloping sponge iron unit and another INR600 Crore project for manufacturing steel inPurulia
S ifi I d i l P k i lPetroleum Products, Leather, Food, Textile,Electric Equipments and Non-Metallic Mineralproducts
Sector specific Industrial Parks are operationalin Kolkata, Howrah, Bardhaman, WestMednipur and North 24 Parganas
Several Industrial parks and SEZs areNew Industrial Policy 2013-18
Ai d t ti MSME
zSour Source: RBI, ASI Report, Industrial Policy of West Bengal, West Bengal Industry Report, 2013, GoWB Report on ‘Destination for Electronics Industry’
Several Industrial parks and SEZs areproposed
• Aimed at promoting MSMEs• Focus to increase the manufacturing growth
rate to 20% in next 5 years• Special thrust to women entrepreneurs
BENGAL – Global Business Summit 2015 19
2. MSME & Textiles
Key Statistics
35,000 MSME units added in last 3 years givingdi t l t t 3 l kh d i di t
Prospects
The State Government has recently approvedj t f tti i t t d T tildirect employment to 3 lakh and indirect
employment to 10 lakh
Credit disbursement increased to INR 21,800Crore in FY 2013-14 from INR 10,400 Crore in
a project for setting up an integrated TextilePark at Belur with an investment of INR1,410 Crore
‘Silpa Sathi’ - a Single Window cell has been2012-13, which is a 108% growth
2nd Rank in terms of enterprises (36.64 lakh) andemployment (85.78 lakh) among Indian states
L di d ti ti f A b d I d t i
Silpa Sathi a Single Window cell has beenintroduced
The State Government will set-up a land bankand sector specific industrial estates for the
Leading destination for Agro-based Industries,Textile, Handicraft and Sericulture
pMSME sector
83 group approach projects and 39 handloomcluster development projects are operational
MSME Policy, 2013-18
E l t ti 1 C i t 10• Employment generation ~1 Crore in next 10 years
• Collaboration with the industry to provide 10Lakh skilled resource over a period of 5 years
• Focus on the backward districts like Birbhum
Textile Policy, 2013-18• Increase the sector’s contribution to 10% of the
State GDP by 2022-23 from 5.2% presently• Focus on Spinning Mills, Yarn Procurement,• Focus on the backward districts like Birbhum,
Purulia and Bankura
Source: CARE Ratings SME Digest report, Government of India MSME website, Government of West Bengal MSME website, Economic Review of WB, 2013, aitcofficial.org
Focus on Spinning Mills, Yarn Procurement,Handloom, Powerloom, Hosiery and Garmentsector
BENGAL – Global Business Summit 201520
3. Financial Services
Regional Financial Centre: Kolkata to be developed asa Regional Financial Centre (RFC) for the East andNorth East region for sequentially scaling up into anInternational Financial Centre (IFC) and Global
KOLKATA – FINANCIAL CAPITAL OF THEEAST & N.E. INDIA
EPICENTER of Commercial and Financial International Financial Centre (IFC) and GlobalFinancial Centre (GFC)Manufacturing and Exports: As the anchor toeconomic growth, Kolkata will contribute towardsindustrial growth in its catchment “area of influence”
Services during British times.
Overall economic growth in India needs tobe more inclusive and equitable
l h industrial growth in its catchment area of influenceas also in the wider hinterlandTransportation, Trade & Industrial Infrastructure:World Class infrastructure within the city and easyconnectivity across the region through industrial and
A glance at the major economic centres inIndia indicates it has been skewed
KOLKATA - Ideally positioned as a majorEconomic Centre in East.
connectivity across the region through industrial andfreight corridors. PORT driven development ofKolkata to re-emerge as a major Trade centreTourism & Media: Kolkata with potential to emergeas the Tourism & Media capital of the country with
ANCHOR of growth in the region as theECONOMIC CAPITAL of EAST andNORTH EAST India.
C t ib ti t NATION BUILDING
The State should develop focus on attracting leading Financial Institutions and Global Organisationsfrom the Financial Sector
as the Tourism & Media capital of the country withinherent strengths and local talent
Contribution to NATION BUILDINGand ECONOMIC SECURITY
from the Financial Sector
With high cumulative domestic debt, the state has to realize its revenue potential and revive the ancientglory of the State. The state revenue has increased significantly to almost double in the last 3 years
BENGAL – Global Business Summit 2015 21
4. Education & Skills
Key Statistics
INR 7,776.45 Crore – Budget allocation
Prospects
MoU signed with IL&FS to develop a centre of(2014-15) for Education and Skilldevelopment
76.26% Literacy Rate 2011, (National average
excellence for skill development in Bardhamandistrict
New colleges recommended in 2013-14: 5 General74.04%)
77.69% Gross Enrolment Ratio in schooleducation (Class I-XII)
Degree Colleges, 2 Self-financed Colleges, 35 B.EdColleges and 1 Law College
80 new ITI’s and 32 new polytechnic colleges( )
State has 2 Central Universities; 18 StateUniversities; 5 Specialized Universities; 3State - Private Universities, 1 Deemed
p y gapproved - this will help in narrowing the skillsgap required for Industrial development
Proposed 60 general degree colleges and 75 new,University, 14 Institutes of importance, 13Research and autonomous Voluntaryorganizations
p g g gintegrated residential schools in economicallybackward districts
The State can be the Education hub for Eastern and981 higher education institutes accreditedunder various universities
The State can be the Education hub for Eastern andNorth-Eastern India
Source: Annual Report West Bengal State Council of Higher Education
BENGAL – Global Business Summit 201522
5. Healthcare
Key Statistics
INR 2,211.06 Crore - Budget allocation (2014-15) for Health & Family Welfare
Prospects
1st Health City project in the State is being set upt B dh ith i t t f INR 1 316 415) for Health & Family Welfare
33 - Infant Mortality Rate (National 40,Kerala 12)
at Bardhaman with investment of INR 1,316.4Crore
Emergence of healthcare chains focused onpro iding qualit and affordable secondar care
40 - Child Mortality Rate (Kerala 14)
58% - Shortfall in availability of PHCs
providing quality and affordable secondary care
Increased focus on Preventive Healthcare inlight of higher incidence of Non-CommunicableDiseases
35% - Shortfall in availability of CHCs
87% - Shortfall in total Specialists at CHCs
Diseases
40 Super/Multi Specialty Hospitals, 4 MedicalColleges, 47 Fair Price Diagnostic Centres - to beset up under PPP model
117 - Maternal Mortality Rate (Kerala 66)
70% - In-patients are treated in Governmenthospitals (as against national average of 40%)
set-up under PPP model
AIIMS like super specialty hospital to come upat Kalyani
hospitals (as against national average of 40%)
Source: Rural Health Statistics, 2012; West Bengal Government; Website, nrhm.gov.in, mospi.gov.in
BENGAL – Global Business Summit 2015 23
6. Power & Energy
Key Statistics
8,958.8 MW - Installed Power generation
Prospects
30.12 lakh BPL consumers have beencapacity
6,407.46 MW - Under State Utilities, 1,374.57MW - Under Private Sector & 1,176.79MW -
d l l
provided electricity in 2012-2013
Plan to establish a 250 MW PV plant worthINR 2 190 CroreUnder Central Utilities
West Bengal State Electricity Board services1 Crore consumer; 5 Zones; 17 RegionalOffi 53 Di ib i Di i i d 464
INR 2,190 Crore
INR 5,37.6 Crore contract by Damodar ValleyCorporation for construction of a 1,200 MW
h l h h iOffices; 53 Distribution Divisions; and 464Customer Care Centers
250 MW - Power export to Bangladesh
Thermal Power Project at Raghunathpur inPurulia District
Expected growth in hydro-power capacity at
West Bengal is a Power surplus State
p g y p p yCAGR of 10.73% during 2014-2020
West Bengal State Electricity DistributionCompany Limited (WBSEDCL) has identifiedCompany Limited (WBSEDCL) has identifiedpotential to develop 6,300 MW of hydropower
Source: CEA, IBEF, wbpcb.gov.in
BENGAL – Global Business Summit 201524
7. Hospitality, Tourism & EntertainmentKey Statistics
INR 223 Crore - Allocated for Tourism sectoras per the State budget of 2014-15
ProspectsINR 400 Crore project to develop tourisminfrastructure in the Sunderbans region on aPPP modelp g
72% - Occupancy for Kolkata, the bestperforming hotel market for FY 14
6th highest share of Foreign tourist arrivals in
Identified location at Gajoldoba in Jalpaiguridistrict to build a Mega Tourism Project
FY 13
Location advantage – well connected withother parts of the country and alsointernationally. The presence of a hill station
New tourism policy is expected to roll out inJanuary, 2015
Identified Buddhist sites could be potentiallyy pas well as beaches add to its advantage
PPP – State has outlined over INR 4,200Crore worth PPP projects for the Tourismsector
leveraged to attract Buddhist population ofSoutheast Asian Countries
Following circuits have been identified in West Bengal for integrateddevelopment:
sector
West Bengal Tourism Policy 2008• To improve the market share of West Bengal in the
inbound international tourism segment and also to have adominant share in the domestic tourism market
Circuit 1: Beach Tourism Circuit in Purba Medinipur: Digha –Shankarpur – Tajpur – Junput – Mandarmani
Circuit 2: Pilgrim Tourism Circuit: Ganga Sagar – Birbhum (Tarapeeth –Bakreshwar – Nalhati – Fullura – Saithia – Kankalitala), Tarakeswar,Furfura Sharif
Source: CEA, IBEF, aitmc.org
• To promote responsible and sustainable tourism throughthe integrated development of infrastructure and notsporadic, stand alone and fragmented development
Circuit 3: Nature Tourism Circuit: Duars and Darjeeling Circuit
Circuit 4: Sunderban Circuit: Gad Khali, Jharkhali, Kohikhali, FrazerIsland
BENGAL – Global Business Summit 2015 25
Case Study: Sunderbans Community based Tourism Roadmap for Sunderbans by YES BANK for Department of Tourism, Government of West Bengal (DoT, GoWB)
BackgroundYES BANK was mandated by Department of Tourism,Government of West Bengal for Preparation of a Tourismg p fRoadmap report for the Sunderbans in the State of WestBengalIt has outlined a plan for Tourism development in theSunderbans region with the objective to identify enablers for
bli hi h i f d d i i festablishing the region as a favoured destination fortravellers across the world
Project briefThe study attempted to access the present status of tourismThe study attempted to access the present status of tourismin the Sunderbans to develop a roadmap to bridge theexisting gap for future developmentKey focus areas of the assignment are:• Tourism growth potential and its impactg p p• Strengths and opportunities for tourism development• Current Status of development and growth challenges• Agenda for tourism development• Framework for development of Community Based
Tourism including identification of suitable clusters Source: http://www.intechopen.com
The MAP depicted in the report is only a pictorial representation of State of West Bengal and Bangladesh and do not purport to be the political or International map of West Bengal or India or Bangladesh and is not drawn to scale.
BENGAL – Global Business Summit 201526
Case Study: Sunderbans Community based Tourism Roadmap for Sunderbans by YES BANK for Department of Tourism, Government of West Bengal (DoT, GoWB)
Source: YES BANK - NEWS
The MAP depicted in the report is only a pictorial representation of State of West Bengal and does not purport to be the political map of West Bengal and is not drawn to scale.
BENGAL – Global Business Summit 2015 27
8. Urban Infrastructure & Housing
Key Statistics
13.3 lakh Housing shortage as per the 12th FiveYear Plan
Prospects
Growth axes corridors identified:• Kolkata-Siliguri 563 Km corridor
31.87% Population resides in urban areas(National figure ~ 31. 15%)
K lk t i 6th t li bl it f I di
• Kolkata-Raghunathpur 247 Km corridor
Monorail coming up connecting Ultadanga-Salt Lake Sector-New Town
Kolkata is 6th most livable city of India
Asansol ranked 11th fastest growing city inIndia and the world's 42nd fastest growingurban centre
Cargo and cruise services along NationalWaterway
6 Upcoming Smart Cities; 3 new urban citiesurban centre
INR 276 Crore - Project on Bus Rapid TransitSystem implemented by Kolkata MetropolitanDevelopment Authority
6 Upcoming Smart Cities; 3 new urban citiesidentified; and 10 urban centers to beupgraded to modern contemporary standards
1.51 lakh dwelling units approved underp y
73 Urban Local Bodies (ULBs) includingKolkata Municipal Corporation haveintroduced e-Governance system
g ppIntegrated Housing and Slum DevelopmentProgramme 2005
1,172 dwelling units approved under Rajiv
INR 75.30 Crore towards digitization of landrecords in the State. 21% of the funds havebeen utilized till June 2014
Awas Yojana, Slum Eradication Programme
Source: IBEF, West Bengal Housing Board, Planning Commission, Jawaharlal Nehru National Urban Renewal Mission (JnNURM)
BENGAL – Global Business Summit 201528
9. IT Software & Hardware
Key Statistics
2.6% Contribution to India’s software turnover(2012)
Prospects
The State Government has started work onthe 13 proposed IT parks in Tier II cities(2012)
INR 11,160 Crore Value of West Bengal ITExports in 2013
the 13 proposed IT parks in Tier-II citiessuch as Durgapur, Siliguri and Haldia
West Bengal plans to raise its share ofcountry’s IT exports to 25 % from 3%
1.30 Lakh Employment in IT Sector (2013-14)
14 IT/ITeS based SEZs with formal approval ason July 2013
country s IT exports to 25 % from 3%currently
2 Greenfield Electronics ManufacturingClusters (EMCs) at Naihati and Faltaon July 2013 Clusters (EMCs) at Naihati and Falta
Proposed Investment in IT Sector – INR2,486 Crore
ICT Policy, 2012
Aimed to become one of the top 3 States in IndiaCognizant Technology Solutions startedworking on the second phase of expansionat Bantala, Kolkata, at an estimated cost ofINR 250 Crore
Aimed to become one of the top 3 States in Indiain terms of employment generation and turnoverin IT & ITeS sector by 2020
Target to achieve 15% share on electronic goods INR 250 Crore
Source: IBEF, State Budget, West Bengal Vision Document, bengalglobalsummit.com
production of India by 2020
Focus on development of incubation centres inTier II and Tier III cities
BENGAL – Global Business Summit 2015 29
10. Agriculture
Key Statistics
West Bengal is the largest producer of vegetables inIndia accounting for around 19% of the total
Prospects
Ample availability of agri and allied raw material,h fr it g t bl f d ltrIndia accounting for around 19% of the total
production and one of the leading fruit producers inIndia
Th St t i l j d f fi h h i d
such as fruits, vegetables, sea food, poultry
Multiple agro-climatic zones and abundantsupply of water and fertile soil – key factors of
The State is also major producer of fish, shrimps andpoultry in India
The State is the leading producers of cut flowers inI di d i 250 C i i h fl i l
production
Floriculture Parks and Agri Export Zones(pineapple, mango, litchi, vegetables, potato and
India, producing 250 Crore pieces with floricultureindustry witnessing the highest CAGR of over 597%between 2007-08 and 2011-12
flowers) are proposed in the State for inducingefficiency in supply chain and exports
Ready availability of skilled and cheap labourfExport of flowers including cut flowers from the State
was valued at INR 19.74 Crores against 14.29 lakh kgof flowers during 2012-13
force
Location is ideal for catering to large domesticmarkets and easy access to markets of Asia Pacific
N th E t d i hb i t i f N lTotal milk production in West Bengal during 2012-13was 4.9 MT which accounted for around 4% of thetotal India production
– North East and neighboring countries of Nepal,Bhutan, Bangladesh and Myanmar
Source: National Horticulture Board, DGCIS, dahd.nic.in
BENGAL – Global Business Summit 201530
Food &Vegetable Maps of India and West BengalJoint initiative by YES BANK and Ministry of Food Processing Industries, GoI
The MAP depicted in the report is only a pictorial representation of State of West Bengal and does not purport to be the political map of West Bengal and is not drawn to scale.
BENGAL – Global Business Summit 2015 31
Key Government Policies
West Bengal Policy on Information & Communication Technology 2012
T b f th l di t t i I di i IT & IT S d El t i S t D iTo become one of the leading states in India in IT & ITeS and Electronic System Designand Manufacturing (ESDM) sectors and to enable West Bengal to transform into aknowledge-driven welfare society with extensive use of IT & ITeS in governance and indaily lives of people of the Statey p p
Special Economic Zone Act (SEZ) 2003
To facilitate development operation maintenance management administration andTo facilitate development, operation, maintenance, management, administration andregulation of Special Economic Zones in the State
West Bengal Biotechnology Policy 2012 (Draft)
To bring in related industries and services of this growth industry, geared to revenuestreams and payback, and appropriate business modelTo map conserve and sustainably use bio-resources particularly those which areTo map, conserve and sustainably use bio resources, particularly those which areunique to the State
BENGAL – Global Business Summit 201532
BENGAL – Global Business Summit 2015 33
WAY FORWARD
BENGAL – Global Business Summit 201534
Way ForwardManufacturing & MSME
Redistributing growth for all regions of the state, especially the lesser developed i.e.Purulia and BankuraDedicated National Investment and Manufacturing Zones (NIMZs) to address landacquisition and infrastructure to improve industrial productivityIntroduce labour reforms for achieving maximum industrial outputAdopt Make in West Bengal as a mission to boost the manufacturing sector of theStateIntroduction of Single Window clearance; Infrastructure creation and Land BankDevelopment of Integrated Logistics Hub around Industrial areas and transitpointsSupport start-ups to access easy loans and open incubation centres in the State incollaboration with corporate sectorEstablishment of Centres of Excellence for product and design developmentgCreate an Electronics Policy for the State
BENGAL – Global Business Summit 2015 35
Way Forward
Hospitality, Tourism & Entertainment
Rationalize approvals & taxes in the Tourism sector both for hospitality as well for other mega projects.Develop green field Mega Entertainment ZonesDevelop green-field Mega Entertainment ZonesLaunch a high-impact marketing campaign that creates lasting impression and ignites a desire to visit theStateTourism Development to align with proposed industrial clusters: Around Amritsar-Kolkata IndustrialCorridor and other industrial clustersPromote Inland water cruises and luxury cruises to Andaman and also South Asian/SE Asian countriesSet-up a State Eco-tourism Board and Create Eco-Tourism policy for management of eco-sensitive areas in theState and development of Community Tourism
U b I f d H iUrban Infrastructure and Housing
Build capacity of Urban Local Bodies (ULBs) in research, planning , project management, human resourcedevelopment and bring transparencySt th Fi l St di f ULB th h i d ll tiStrengthen Fiscal Standing of ULB through improved revenue collectionComplete digitization of all land recordsLand-use planning to ensure productive utilization of land and FAR basis affordability and scalabilityEngage community based NGOs for slum development programs in Urban AreasHOUSING for ALL - Create Affordable Housing Policy for the State for promoting PPP for Affordable Housingg y p g gImprove Road and Air connectivity to all parts of the State and revamp the ancient inland waterways fortransportation of goods and servicesConservation of Urban Heritage and Culture and better recreational facilities to improve quality of life
BENGAL – Global Business Summit 201536
Way ForwardHealthcare
Need for strengthening Public health infrastructure and qualified human resources availabilityTo increase healthcare spend to ~1% of GSDP from ~0 6% currently over the next five yearsTo increase healthcare spend to 1% of GSDP from 0.6% currently, over the next five yearsNeed to develop conducive environment and evolve a PPP based model for greater availability of highend tertiary careTo be a first mover in technology driven healthcare interventions including Telemedicine, HealthManagement Information System (HMIS) and implementation of National Electronic Health Standardsg y ( ) pWith presence of Pharma/Biotech firms, focus to increase on R&D facilities
Education and Skills
West Bengal to be developed as the Research & Development hub of IndiaEncourage corporates to create INCUBATION CENTERS, IT facilities, Innovation Hubs,Entrepreneurship Cells and Scientific Labs in Higher Education InstitutionsPPP in Education - Education Service Delivery/ Skill Development/ Professional & Supporty/ p / ppServices/Infrastructure InitiativesInter-connecting institutions through ICT to achieve seamless sharing of knowledge and resourcesin elementary as well in higher educationMaximize Industry-Academia linkage for skill development and industry ready professionalsy g p y y pAcademic and Administrative Audits through External Experts for ensuring education standards
BENGAL – Global Business Summit 2015 37
Way Forward
Agriculture and Allied sectors
Focus on specific commodities for processing: Mango, Guava, Pineapple, Litchi, Banana, Radish/Carrot,T P F h/S f d R P l DTomato, Potato, Fish/Sea food, Rice, Poultry, DairyStrategic locations in State to be developed as hubs for warehousing, cold chain, grading & sorting,processing for value additions, and packaging for productsEstablishment of network of modern markets for farmer participation in the trade and establishment ofexport hubs for specific commodity/productsexport hubs for specific commodity/products
IT, Software & Hardware
( )Creation of Electronic Hardware Manufacturing Clusters (EHMCs)Developing more IT Incubation Towers/ Clusters in Tier-II locationsGovernment needs to encourage private sector players for Digital Inclusion ProjectsFocus on IT based Start-ups particularly E-Commerce, Animation and GamingPrivate Sector Participation in setting up more IT related Vocational Training InstitutesPrivate Sector Participation in setting-up more IT related Vocational Training Institutes
Power & Energy
Provide separate electricity infrastructure for rural agriculture and non agriculture power consumersProvide separate electricity infrastructure for rural agriculture and non-agriculture power consumers(rural feeder segregation), leading to improved availability and better load managementEncourage investment in renewable sources of energy including Green Technologies
BENGAL – Global Business Summit 201538
Annexure
District Key industries
District wise Key Industries
Bardhaman Iron & Steel industries, Fertilizers Industries, Mining Industries, EquipmentManufacturing, Cement Industry, Rice, Oil seed Mills
North 24 Parganas Printing, Book Binding, Cement Manufacturing, Oil Seed Milling, GeneralElectrical Works Electrical Works
South 24 Parganas Cement Industry, Agro-Industry, Chemical Industry, EquipmentManufacturing Industry, FMCG, Tourism
Hooghly Hooghly Rice Mills, Rubber Factories, Chemical Factories
Howrah Foundry, Re-Rolling Mills, Basic Metal & Metal Products, Electrical &Electronic, Transport Equipments & Spares, Rubber Goods, Manufacturing
Darjeeling Tea and Tourism
Bankura Food Processing Industries Textile Product Ply Wood Industry andBankura Food Processing Industries, Textile Product, Ply-Wood Industry andVeneer Mills, Paper Industry, Particle Board, Tourism
Nadia Food and Fruit Processing, Jute Diversified, Pipes & Tubes, Electronic andcomputer peripherals
Maldah Tourism, Agriculture, Silk, Chemicals, MSME
BENGAL – Global Business Summit 2015 39
Annexure
District Key industries
District wise Key Industries
North Dinajpur Agriculture and Allied Industries, Food Products
Purulia Spong Iron Industry and Non-Metallic Mineral Product Industry, Tourism
Cooch Bihar Fertilizer Industries, Jute Twine and Weaving Industry, Electrical CasingI d t M t d Oil Mill F it i T iIndustry, Mustard Oil Mill, Fruit processing, Tourism
South Dinajpur Agro Food-Based Industry, Mineral and Forest-Based Industry, ChemicalBased Industry, Handicrafts, Engineering, Automobiles Servicing
East Medinipur Agriculture and Horticulture, MSME, Tourismp g
West Medinipur Manufacturing, MSME & Textiles, Sericulture
Kolkata Textile, Leather, Auto & Auto Components, Industrial & Heavy Engineering Equipments, Consumer Goods & Electronics Hospitality Financial Services TourismConsumer Goods & Electronics, Hospitality, Financial Services, Tourism
Murshidabad Handicrafts & Silk, Tourism, MSME, Heavy Industries, Bell Metal Works
Jalpaiguri Agriculture & Food Processing, Tea, Manufacturing, Tourism
Bi bh A i lt T i C tt & Silk h ti M t l P tt f tBirbhum Agriculture, Tourism, Cotton & Silk harvesting, Metal ware, Pottery manufacture
Alipurduar Agriculture & Food Processing, Forest based industries, Tourism
BENGAL – Global Business Summit 201540
Disclaimer
YES BANK Limited
Registered & Corporate Office: Nehru Centre, 9th Floor, Discovery of India, Worli, Mumbai 400018Tel: + 91 22 6669 9000; Fax: + 91 22 6669 9018Tel: + 91 22 6669 9000; Fax: + 91 22 6669 9018
Northern Regional Corporate Office: 48 Nyaya Marg, Chanakyapuri, New Delhi 110 021Tel: + 91 11 6656 9000; Fax: +91 11 4168 0144
DisclaimerNo representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy,completeness or correctness of such information or opinions contained herein. The information contained in this presentationis only current as of its date Certain statements made in this presentation may not be based on historical information or factsis only current as of its date. Certain statements made in this presentation may not be based on historical information or factsand may be “forward looking statements", and future developments and the competitive and regulatory environment. Actualresults may differ materially from these forward-looking statements due to a number of factors, including future changes ordevelopments in the Company’s business, its competitive environment and political, economic, legal and social conditions inIndia. This communication is for general information purpose only, without regard to specific objectives, financial situationsand needs of any particular person This presentation does not constitute an offer or invitation to purchase or subscribe forand needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe forany shares in the Company and neither any part of it shall form the basis of or be relied upon in connection with any contractor commitment whatsoever. The Company may alter, modify or otherwise change in any manner the content of thispresentation, without obligation to notify any person of such revision or changes. This presentation can not be copied and/ordisseminated in any manner.
BENGAL – Global Business Summit 2015 41
BENGAL – Global Business Summit 201542The MAP depicted in the report is only a pictorial representation of State of West Bengal and does not purport to be the political map of West Bengal and is not drawn to scale.
BENGAL Global Business Summit 2015 Roadmap for Investment Driven Growth
YES BANK Limited
Registered & Corporate Office: Nehru Centre, 9th Floor, Discovery of India, Worli, Mumbai 400018 Tel: + 91 22 6669 9000; Fax: + 91 22 6669 9018
Northern Regional Corporate Office: 48 Nyaya Marg, Chanakyapuri, New Delhi 110 021 Tel: + 91 11 6656 9000; Fax: +91 11 4168 0144