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The development and promotion of Haldia as an industrial destination has always been a key activity of the State Government. Haldia has been declared as “ Planning Area” under section 9 (1) of the West Bengal Town & Country ( Planning & Development) Act,1979 and Haldia Development Authority was constituted under the section 11 of the said Act by the Govt. of West Bengal to ensure planned and integrated development of the Haldia Industrial Region. HDA has been granted a considerable degree of functional autonomy to achieve a single point objective - that of promoting and developing Haldia as one of the most efficiently managed and easily accessible industrial hub of Bengal.

HDA has played a significant role to ensure growth of Haldia as a fast emerging industrial destination in India and has contributed in industrial resurgence of West Bengal. With over 400 industrial units Haldia has an investment of over Rs. 120 Billioin and currently provides direct employment to over 12000 people and indirect employment to over 50000 people.

Haldia is in the process of being transformed into the most coveted industrial destinations in Eastern India, and also the “Gateway to South-East Asia”. In order to achieve and sustain this position, Haldia Development Authority (HDA), the nodal development agency of the region has been working towards development of world class infrastructure facilities.

The most important factor for the evolution of Haldia industrial region is the development of port facility at Haldia. The excellent locational advantage of Haldia and comprehensive port facilities provided by the Haldia port paved the way for the establishment of Public Sector companies like Indian Oil Corporation” Refinery Unit and HFCL. It also attracted private sector giants like TATA Chemicals, Hindustan Lever, Exide Industries, Swal Corporation Ltd., IOC Petronas Ltd., South Asian Petrochemicals Ltd., Hindustan Petroleum Corporation Ltd., Ruchi Soya Industries Ltd. etc. to set up their units alongwith various small-scale units engaged in engineering and fabrication, automobiles, electricals, food processing, packaging  and edible oil. With the commissioning of two dream projects - the Rs 5170-crore Haldia Petrochemicals Ltd and the Rs 1400-crore Purified Terepthalic Acid (PTA) Plant of Mitsubishi Chemical Company, Japan, the growth potential of the industrial region has considerably enhanced.