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Bengal state intends to double exports

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The state of Bengal in India has a strategy to double exports in three years. The State finance minister said exports from Bengal in the last financial year stood at $9.15 billion, a growth rate of 11.17 per cent over the previous year.

“We are looking at doubling this number in the next three years. That is our target,” he said last week at an exporters’ workshop organised by the state government in the run-up to Bengal Global Business Summit, the flagship investment summit of the state next year.

Iron and steel, precious metals, leather, cotton products and garments, fresh vegetables and marine products are some of the export sectors where the state government expects opportunities.