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Kolkata, formerly Calcutta, is the capital of the Indian state of West Bengal. It is located in eastern India on the east bank of the River Hooghly. The city has a population of almost 4.5 million, with an extended metropolitan population of over 14 million, making it the third-largest urban agglomeration and the third-largest city in India.

Economy
Kolkata is the main business, commercial and financial hub of eastern India and the northeastern states. Until recently, flexible production had always been the norm in Kolkata, and the informal sector has comprised more than 40% of the labour force. State and federal government employees make up a large percentage of the city's workforce. The city has a large unskilled and semi-skilled labour population, along with other blue-collar and knowledge workers.

Kolkata's economic revival was led largely by IT services, with the IT sector growing at 70% yearly — twice that of the national average. In recent years there has been a surge of investments in the housing infrastructure sector with several new projects coming up in the city.
Kolkata is home to many industrial units operated by large Indian corporations with products ranging from electronics to jute. Some notable companies headquartered in Kolkata include ITC Limited, Bata India, Birla Corporation, Coal India Limited, Damodar Valley Corporation, United Bank of India, UCO Bank and Allahabad Bank Vijaya Bank. Recently, various events like adoption of "Look East" policy by the government of India, opening of the Nathu La Pass in Sikkim as a border trade-route with China and immense interest in the South East Asian countries to enter the Indian market and invest have put Kolkata in an advantageous position.

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