Explained- Why is Bengal in such a bad condition? More than 6600 companies closed, 42% factories sick, will there be fleet trade now?
Uma Shankar May 05, 2026 03:25 PM

Money and prosperity are such things which are necessary for everyone's progress. Be it a house or a state, if there is no money then the situation becomes worse. In Bengal, Bharatiya Janata Party has conquered the fort with a landslide victory. But what we are going to tell you today is directly related to the progress of Bengal. In fact, to improve the economy of any state, it is very important to have investment there. Talking about Bengal, investment has become the biggest villain in the progress of Bengal. Let us try to understand how Bengal became worse without investment.

In Bengal, more than 6600 companies either closed down or left the state and shifted to another state. The progress of the state had to bear the brunt of this. The plant of the country's leading auto company Hindustan Motors has been closed since 2014. At the same time, Dunlop India, another big company of Bengal, which was once famous in the entire country, the plant of this company has been closed for a long time.

Tata, Ambani, Birla all disillusioned with Bengal!

According to experts, when investment stops coming into a state and whatever is going on also stops, then the situation is bound to get worse. According to experts, the industrial decline of Bengal is not due to any one company, but is a combined effect of not updating the old industry, lack of new technology updates and lack of economic and policy making. The effect of this was that many big companies of Bengal left Bengal and shifted to Gujarat and Maharashtra. The biggest example of this was Tata's dream project Nano. Which Ratan Tata wanted to install in Singur, Bengal. But due to the cancellation of the project in the year 2008, Nano shifted to Sanand, Gujarat. And today Sanand of Gujarat is counted as a big auto hub of the country. At the same time, the base of cigarette manufacturing giant ITC also used to be Kolkata, the capital of Bengal, which later became more active in Gujarat and Maharashtra. Petrochemical giant Reliance Industries also gradually reduced its presence in Bengal and expanded it to Jamnagar in Gujarat. Apart from Tata Ambani, Birla Group also closed its old units in Bengal and shifted them to Gujarat and Maharashtra. If Nano alone had come to Bengal, it could have provided employment to more than 10,000 people.

Bengal Economy

Jute industry has been hit the hardest

Now let us understand sector wise how Bengal gradually started lagging behind on the development front. Jute industry was once the biggest source of income for Bengal. But a dozen big jute mills were either closed or work in them came to a standstill. In other words, the jute industry of Bengal gradually collapsed. National Jute Manufacturing Corporation, the largest jute company of Bengal, is completely closed since 2018. Union Jute Mills, Alexandra Jute Mill, Kanishan Jute Mill, Khardah Jute Mill have also been completely closed. There is a big jute mill in Bengal whose opening and closing situation is seen again and again. If we talk about Port Gloster, the historical mill of Bengal, it has also become completely inactive.

Finance and auto sectors are also in bad shape

Apart from jute, the finance sector of Bengal was hit when the Saradha Group scam came to light in 2013. After this scam this sector completely collapsed. The wound of Saradha scam had not yet healed when another scam of Rose Valley Group came to light. After which its operation was also stopped. The reality of the bad condition of Bengal is that thousands of MSMEs are closed here. The old giant engineering companies are gradually disappearing. The jute sector was the most affected, the brunt of which was borne by the state as well as the public. Apart from jute and finance, the condition of sectors like auto, engineering, manufacturing has also deteriorated. The plant of Hindustan Motors, which is called the country's largest auto company, has been closed since 2014.

Bangal Companies

Economy of Bengal

Will the fleet cross now?

Now that BJP government is about to come in Bengal, experts believe that just as Uttar Pradesh was made the new hub of investment, similar transformation can be done with Bengal too. Experts believe that any businessman makes his investment where he can get all kinds of facilities. In fact, the companies that shifted out of Bengal did not run away but made their investments where it was easier to work. The biggest example of this has been Tata Motors.

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