Government employees celebrate by offering sweets to one another after the State Budget announced a 20 per cent increase in Dearness Allowance

Industry bodies and companies welcomed the West Bengal Budget as a forward-looking roadmap for infrastructure-led growth and industrial competitiveness, stating that it maintained the momentum in capital expenditure, a positive signal for investors and industry.

“We particularly welcome the proposed re-examination of the Urban Land Ceiling framework and the broader thrust towards a more enabling land acquisition policy. The availability of contiguous, litigation-free land is critical for attracting large-scale investments, developing industrial parks, logistics hubs and modern manufacturing clusters,” said Mehul Mohanka, Chairman, CII Eastern Region.

Mohanka, Managing Director & Group CEO, Tega Industries, said the announcements relating to the greenfield airport near Kalyani, expansion of regional air connectivity, the deep-sea port at Dadanpatrabar in Purba Medinipur and the focus on deep-sea as well as mini and minor port facilities can significantly strengthen West Bengal’s logistics ecosystem, reduce turnaround time and improve export competitiveness.

Focus on growth

FICCI welcomed the Budget’s strong focus on industrial growth, investment promotion and employment generation. “The proposed West Bengal Investment Promotion Framework, backed by an allocation of ₹5,000 crore, is a significant step towards attracting investments across MSMEs and large industries, including emerging sectors,” said Prashant Bangur, Chairman, FICCI West Bengal State Council, and Vice-Chairman, Shree Cement.

According to Taranjit Singh, Chairman, ASSOCHAM Eastern Region, the Bengal Budget for 2026-27laid a clear roadmap for accelerating economic growth through infrastructure development, enhanced revenue mobilisation and improved public service delivery. “The Finance Minister’s articulation of the State’s development agenda in alignment with the vision of Viksit Bharat reflects a constructive approach towards fostering inclusive and sustainable growth,” Singh said.

According to Sanjiv Goenka, Chairman, RPSG Group, the Budget marked an important step in the State’s growth journey and reflects a strong commitment to building a more competitive and future-ready economy. “Its emphasis on infrastructure, industry, technology, connectivity and clean energy has the potential to create fresh opportunities for investment, enterprise and employment across the State. Equally significant is the effort to ensure that the benefits of development reach every region of Bengal,” he added.

Published on June 22, 2026