WBIDC, formed in 1967, is the premier agency of the State's Commerce and Industries Department to support economic development across the state. The agency is responsible for the development, growth, facilitation and trouble shooting of industry, investment and infrastructure in West Bengal, apart from its role as a financial institution for large and medium scale sectors. WBIDC has established Growh Centres with basic industrial and social infrastructure facilities across the state.
The Corporation is actively engaged in catalysing investment through promotion/marketing of West Bengal as an investment destination, assisting in the implementation of projects through its 'Single Window Facility' called the 'State Investment Facilitation Centre' (SIFC).