With the modernization of agriculture, it was felt that more and more fertilizer, seeds, pesticides will be needed and demand for appropriate farm machinery, agricultural implements/equipment will be increased so as to enable the farmers of the State to perform different operations efficiently to increase the agricultural production. This required development of agro based industries.
Towards these objectives, Government of India took initiative for setting up Agro Industries Corporation in various states and accordingly West Bengal Agro Industries Corporation Ltd. (WBAIC) was established in the State of West Bengal. WBAIC was incorporated under the Companies
Act, 1956 on 16th August, 1968. Earlier, Govt. of India and Govt. of West Bengal had contributed towards paid-up share capital. Later, the entire paid-up share capital held by Govt. of India was transferred in favour of Govt. of West Bengal. This Corporation is, now, under the administrative control of Water Resources Investigation & Development Department, Government of West Bengal.
The Corporation is run and managed by a Board of Directors appointed by the Govt. of West Bengal. The company is having district offices in all the districts of the State of West Bengal with appropriate infrastructure and with qualified engineers, professionals in other fields and well trained technical and non-technical personnel.
The Corporation has a wide dealer network through out the state along with after sale services.