BACE Expo - Kolkata 2013

BACE Kolkata
16 - 18 August 2013
Milan Mela Complex

Kolkata – On the growth curve

Kolkata is the main commercial and financial hub of East and North-East India. The Kolkata metropolitan area is spread over 1,886.67 km2 and comprises 3 municipal corporations (including Kolkata Municipal Corporation). Since the 2000s a surge of investments in the real estate, infrastructure, retail, and hospitality sectors; several large shopping malls and hotels have been launched. As of 2010, Kolkata, with an estimated gross domestic product (GDP) by purchasing power parity of 150 billion dollars, ranked third among South Asian cities, after Mumbai and Delhi.

The major projects going to be implemented in the coming years are Metro Rail extension upto Dakshineswar, Barrackpore and Barasat; the next big project is East-West Metro Rail; Construction of the new Airport; completion of Kalyani Expressway and construction of other roads and flyovers in the city.

Apart from these, thousands of apartments are under construction in Rajarhat, the New Town coming up in the Easter part of Kolkata. The infrastructure in Kolkata has improved considerably over the last few years, which is attracting a number of multinationals and large groups to set up shop here. The retail segment specially has seen a boom with a number of shopping malls springing up all over the city.