Kolkata is known for the prime commercial and financial hub of India. Top companies such as National InsuranceCompany, ITC ltd, Exide Industries, and Britanniaetc. have headquarters in this city. It is home of many industrial units of both public and private corporations.
Kolkata has various opportunities especially for startups in India. is home to India’s oldest, and also India’s second-largest stock exchange company (bourse) – The Calcutta Stock Exchange. Kolkata is home to a major port, an international airport, and many nationally and internationally reputed colleges and institutions aimed at supplying a highly skilled workforce. Kolkata is also home to India’s and South Asia’s first metro railway service – Kolkata Metro.
Some notable companies headquartered in Kolkata include ITC Limited, Britannia Industries, Exide Industries, Eveready Industries, CESC Limited, Rapa Industries, Lux Innerwear, Berger Paints, Birla Corporation, Peerless Group, and Emami.
Kolkata is not very active in terms of Venture Capital Funds. This is a small list that I know of:
- SREI Venture Capital
- Navam Capital
- WB VCF
Ease of doing business
According to a World Bank Ease of Doing Business report in 2009, Kolkata ranked 17 out of 17 cities surveyed in India, while New Delhi was at 10th, and Bengaluru at 16th. In procedure to start a business, Kolkata ranked 10th. It is to be noted that Kolkata has a process to obtaining trade license in the city which is unique in India. This ranking however has become better as per recent estimates. Kolkata Municipal Corporation (KMC) is the central authority which deals with the processing of new trade licenses and the renewal of the same as well/p>