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Business in Panagarh

Panagarh is a land of opportunities, it is one of the most growing industrialised hub of India. Panagarh is expanding in each and every field and in the area of business it has already created huge opportunities. Panagarh has well connected network of roadways- The four lane National Highway. Panagarh is also widely connected by Indian Railways. The Damodar river provides the water resources for Panagarh. The main ingredients Railway, Roadway and water are all that Panagarh boasts of for any industrial growth. Besides Panagarh is also rich in human resources as it is a city of the knowledge people.

Panagarh Wood Industry has acquired a distinct identity for Manufacturing, Exporting, Importing and supplying an immaculate range of offering superior quality Wooden products and Wood. The range of products includes Wooden Packing Crates, Wooden Pallets, Sal Log, Teak Log, Pine Wood Log and Rose Wood Log.

Food Processing: There are food processing unit which has an ultra-modern processing plant at Panagarh, West Bengal, using fully-automated technology from Europe. Bakery is also very famous in Panagarh.

GPT Infraprojects Limited, the flagship company of the GPT Group was renamed to reflect the core areas of operation of the Company in the execution of civil and infrastructure projects, after the merger of Tantia Concrete Products Limited and GPT Infrastructures Private Limited. Following the merger, the combined entity has stronger project execution capabilities, a healthy financial base, and enviable growth prospects across all areas of operation. GPT Infraprojects operates primarily from two divisions - the Sleeper Division and the Infrastructure Division. The Company has received ISO 9001:2000 certification. The Panagarh unit of the Company is approved by Research Design and Standards Organization (RDSO), Ministry of Railways, India.

H & R Johnson (India), a division of Prism Cement, is setting up a plant in West Bengal on 65 acres allotted to the firm by WBIDC. The ceramic tile manufacturing unit will be built at Panagarh Industrial Park, According to the company sources, the whole project will be completed in several phases. Once the unit becomes operational, it will have great potential for direct and indirect employment opportunities in phase-wise manner, it said. "Besides that, small and micro industries also can be set up as ancillary units to supply various materials and services such as engineering machine parts, transport, security, house-keeping and horticulture. All this will result in improving the socio-economic scenario around the area," the statement said.

HPCL-(LPG SBU) Setting up 250TMTPA capacity LPG Plant at Panagarh(W.B) at a cost of Rs. 190.45 Crore(August 2014): This proposal is for setting up 250 TMTPA capacity road-fed LPG plant at Panagarh(w.B) n 75 acres land offered by West Bengal Industrial Corporation Ltd(A Govt. of West Bengal undertaking). The estimated project cost is 190.45 crore and completion is is anticipated within 21 months from the receipt of statutory approvals for the projects.
More details are available on Industry Page.