West Bengal has unveiled a new industrial policy promising investment incentives, faster project clearances, land assistance and job creation. With a focus on manufacturing, MSMEs, IT and renewable energy, the government hopes to revive industrial growth and reverse the state’s brain drain. But can it overcome the ₹50,000-crore incentive backlog and win back investor confidence?

Special Correspondent Prema Rajaram speaks to Finance Minister Swapan Dasgupta and leading industrialists about the road ahead.