🚨 2,227 Companies Say “Bye, Bengal!” 🚨
In the last 5 years, Over 2,200 companies (39 of them listed) —have relocated their registered offices from West Bengal —highlighted in the Rajya Sabha by MoS Corporate Affairs Harsh Malhotra. The reasons? Admin hassles, higher costs, Infrastructural bottlenecks, and a perception of regulatory hurdles.
Where are they headed? Gujarat, Karnataka, Maharashtra—states that scream “business-friendly vibes only.”
So, what does this mean for Bengal?
It’s a wake-up call.
Reform policies.
Fix bottlenecks.
Create a thriving business ecosystem.
What do you think? Can Bengal reverse this trend and bring businesses back? Or is this just the start of a bigger shift? Let’s discuss it! 👇
Cheers to staying competitive! 🚀
#UttarPradesh has become the third-largest state in India for active companies, surpassing #WestBengal, according to the Ministry of #Corporate Affairs. As of #September 30, Uttar Pradesh has 145,009 #active companies, which is 8.2% of the total in the country. Only #Maharashtra and #Delhi have more #companies.
In the last year and a half, Uttar Pradesh added 28,649 new companies, making it the second-fastest growing state, while #WestBengal added only 8,896 companies during the same time. This growth shows that Uttar Pradesh is becoming a better place for #business and drawing in more investors.
Certified Business Professional (CBP) Programme at Indian School of Business (The views/opinions mentioned here are my personal and in no way is related to the employer I am associated with)
A good way of asking the PM, for the development of Telangana, thank you CM Revanth Reddy garu, for inviting PM @narendramodi by keeping aside all the POLITICS, ONLY FOR DEVELOPMENT. Thank you CM sir for being a role model CM, for the welfare and well being of the STATE OF TELANGANA
రాజకీయంలో రాజీ లేదు…
రాష్ట్ర ప్రయోజనాల విషయంలో భేషజం లేదు. - CM Revanth Reddy
There is no compromise in politics.
There is no confusion about the interests of the state. - @revanth_anumula
ALL I NEED IS YOUR SUPPORT : CM REVANTH REDDY ASKS PM NARENDRA MODI
Telangana CM #RevanthReddy calls PM Modi #bigbrother', seeks his support for #Gujarat-like development in #Telangana
Telangana Chief Minister Revanth Reddy on Monday called Prime Minister Narendra Modi 'big brother' (bade bhai), whose support is needed for the development of the southern state. PM #Modi was in Telangana Adilabad to roll out various projects worth Rs 56,000 crore.
Speaking on the occasion, the chief minister said Prime Minister Modi was, for him, like 'bade bhai' and that every chief minister can do development with his support. "PM, for us, means 'big brother'. With the support of big brother, every chief minister can do development in their respective states."
This is why my appeal is that if we want to do development and progress like Gujarat, your support is needed here," Reddy said while gesturing towards Prime Minister Modi.
Reddy also touched upon PM Modi's ambitious plan of making India a 5 trillion economy. "Your thinking is to make 5 trillion economy. To reach there, there are five metropolitan cities - Delhi, Mumbai, Bengaluru, Chennai, and Hyderabad. Hyderabad is one of the metropolitan cities We want to contribute in your 5 trillion economy system. Please do support us in metro rail, and in Musi River development."
#support#help#seekinghelp#stategrowth#statedevelopment#state#growth#cooperation#KCR#BRS#Congress#stategrowth#noego#brand#branding#RevanthBrand#narendramodi#narendramodiji
📊 **Corporate Growth Milestone for Uttar Pradesh!** 🚀
In a significant development, Uttar Pradesh has climbed to the third position among Indian states by the number of active companies, surpassing West Bengal as of September! This growth reflects the state’s favorable business environment, increasing investment, and entrepreneurial activity.
Here's a quick look at the latest standings (Corporate Affairs Ministry data):
1. **Maharashtra**: 3,38,351 companies
2. **Delhi**: 2,46,361 companies
3. **Uttar Pradesh**: 1,45,009 companies
4. **West Bengal**: 1,44,348 companies
5. **Karnataka**: 1,23,218 companies
6. **Tamil Nadu**: 1,17,016 companies
7. **Telangana**: 1,03,720 companies
8. **Gujarat**: 98,144 companies
The growth in Uttar Pradesh is a testament to the efforts made to boost the state’s business landscape. It will be exciting to see how this momentum continues and what it means for regional and national economies.
#BusinessGrowth#India#CorporateAffairs#UttarPradesh#Economy#Entrepreneurship
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. #business#politics#loomanews#businessrelocation#corporateexodus#westbengaleconomyhttps://buff.ly/49uyBP5
What is happening in Karnataka reminds of a story - Killing the Golden Goose
The farmer killed the golden goose because he thought many golden eggs were inside the goose. As he cut open the goose there were no golden eggs and the bird died.
The prosperity and economic opportunities in Bangalore are the result of its ability to attract talent.
Bangalore has already been doing poorly on public infra, traffic, cost of living, and quality of life. Due to a lack of viable alternatives, people still stick around.
But the govt here got it 'completely' wrong.
Instead of improving the city by implementing zillions of good suggestions OR investing $ in improving talent quality by improving schools/colleges -- the govt while woeing people with short-term rewards is attacking the very core of its success.
The people of Karnataka may have fair expectations from the govt - to have their fair share of success in the rise of Karnataka. But the route govt has taken is short-sighted & demonstrates the height of incompetence.
The picture depicts it best.
**Eknath Shinde’s Vision for Thane’s $150 Billion Economy**
In just six months as Maharashtra’s Chief Minister, Eknath Shinde has set Thane on an ambitious path to a $150 billion economy by 2030, aiming for a CAGR of 15.03%. His leadership has united key sectors—industry, infrastructure, healthcare, and education—into a cohesive growth strategy. At a recent conference with 1,000+ stakeholders, Shinde outlined major projects like Atal Setu, the coastal road, Navi Mumbai Airport, and the Thane Metro, all set to transform Thane’s infrastructure.
Shinde’s administration is not only attracting substantial FDI but is also committed to affordable housing, clean energy, and smart city development. His visionary leadership is propelling Maharashtra as an economic powerhouse, with Thane at the forefront of inclusive and innovative growth.
Uttar Pradesh is undergoing a remarkable transformation on its journey to becoming a $1 trillion economy. With a well-defined framework and roadmap in place, the IT & ITES sector stands at the heart of this ambitious vision. The sector is witnessing exponential growth, fueled by innovative policies, groundbreaking initiatives, and the development of dynamic economic clusters across the state.
Listen to 𝐀𝐧𝐢𝐥 𝐊𝐮𝐦𝐚𝐫 𝐒𝐚𝐠𝐚𝐫, 𝐈𝐀𝐒, 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐲, 𝐈𝐓 & 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬, 𝐔𝐭𝐭𝐚𝐫 𝐏𝐫𝐚𝐝𝐞𝐬𝐡 as he shares insights on the strategic course of action driving Uttar Pradesh’s ambitious goals forward.
Watch full video: https://lnkd.in/gBVDbC3s#UPEconomy#DigitalTransformation#ITGrowth#OneTrillionVision#UttarPradeshRising#TechDrivenFuture
