📷 Image: Wikimedia Commons / Shahnoor Habib Munmun
Business
West Bengal Launches 2026 Investment Promotion Policy to Attract Global Investors
✍️ Energetica India Magazine
🗓 12 Nov 2026, 07:02 PM
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West Bengal has introduced a new investment promotion policy for 2026, aiming to boost foreign and domestic investment through streamlined processes and incentives.
West Bengal has unveiled its 2026 Investment Promotion Policy, a strategic initiative designed to make the state a preferred destination for both foreign and domestic investors. The policy introduces a single-window clearance system, reduced approval timelines, and tax incentives for sectors such as manufacturing, IT, and renewable energy.
Key features include a 15% corporate tax holiday for the first five years of operation, duty-free import of machinery, and a dedicated investment promotion cell to assist investors with land acquisition and compliance. The state government also plans to offer financial assistance for setting up infrastructure and skill development centers.
Officials say the policy is part of a broader development agenda to create 500,000 new jobs and position West Bengal as a major industrial hub by 2030. The government will monitor investment inflows quarterly and adjust incentives to ensure competitiveness.
Key features include a 15% corporate tax holiday for the first five years of operation, duty-free import of machinery, and a dedicated investment promotion cell to assist investors with land acquisition and compliance. The state government also plans to offer financial assistance for setting up infrastructure and skill development centers.
Officials say the policy is part of a broader development agenda to create 500,000 new jobs and position West Bengal as a major industrial hub by 2030. The government will monitor investment inflows quarterly and adjust incentives to ensure competitiveness.