Why Companies Are Leaving West Bengal: 2,227 Firms Relocate Between 2019-2024
Over 2,200 companies moved their registered offices out of West Bengal to other states between 2019 and 2024. This includes 39 listed companies. The main reasons for these moves were easier operations, cost savings, and better control over management. Experts point out that poor infrastructure and complicated regulations are pushing businesses to leave, and they say Bengal needs to make changes to keep up with more business-friendly states like Gujarat and Maharashtra.
By Vishal Kumar
December 5, 2024