West Bengal announces Investment Promotion Policy 2026

West Bengal announced its Investment Promotion Policy, 2026, on 5 November. New investments made on or after 9 May 2026 are eligible for support, which can continue for up to 10 years from the start of production or until the applicable financial ceiling is reached, whichever comes first. The policy offers support of up to 100% of approved fixed capital investment for general units, up to 110% for specified priority sectors and up to 120% for units in priority areas. Benefits include net SGST reimbursement, electricity-duty relief, stamp-duty and registration-fee reimbursement, and employer EPF support. Applications and claims will be handled through a single-window portal. The policy excludes several polluting industries, including sponge iron, conventional brick kilns and firework manufacturing.

Notable Points

• Investor assistance: Shilpa Sathi: West Bengal’s Shilpa Sathi is a single-window agency that assists investors in establishing and running industrial units.
• Historical investment project: New Town FinTech hub: A proposed 100-acre International Financial Hub in New Town was relaunched as a FinTech hub in 2017. The project aimed to develop West Bengal’s financial technology industry.