West Bengal Industrial Development Corporation

The Managing Director runs day-to-day operations — Vandana Yadav currently holds the post alongside her role as Principal Secretary of West Bengal's Industry, Commerce and Enterprises Department (per public record, 2024). The board includes senior bureaucrats and private sector directors who guide policy and major project approvals.

It does both. WBIDC assembles land under its State Land Bank and develops it into specialized industrial parks with pre-installed utilities and clearances. It then allocates plots to manufacturers, either directly or through joint-venture structures like the Haldia Petrochemicals project with The Chatterjee Group.

Steel and heavy industry, petrochemicals, plastics, food processing, garments, and gems and jewellery. Its named parks include the Raghunathpur Steel and Allied Industrial Park, Plasto Steel Park, Paridhan garment park, and a dedicated gems and jewellery park in Howrah.

WBIDC is a statutory corporation established under a 1967 state Act, fully owned by the Government of West Bengal. It functions as the executive agency of the state's Industry, Commerce and Enterprises Department, with its MD concurrently serving as the department's Principal Secretary.

WBIDC is a co-promoter and equity participant in Haldia Petrochemicals Limited, one of eastern India's largest industrial undertakings. The project is a joint venture with The Chatterjee Group and represents WBIDC's largest co-investment and partnership in petrochemical infrastructure.

WBIDC administers state industrial incentive programs tied to West Bengal's periodic industrial policies, which can include capital subsidies, power incentives, and stamp-duty waivers. Specific scheme terms vary by policy cycle and are typically published through the Industry department.

Current board members include Umesh Chowdhary, Vice Chairman and MD of Titagarh Rail Systems; Sanjay Budhia, Managing Director of the Patton Group; and Chandrajit Banerjee, Director General of the Confederation of Indian Industry. Their presence links WBIDC's land allocation to active domestic industrialists and trade bodies.