Haldia is being developed as a major trade port for Calcutta (Kolkata), intended mainly for bulk cargoes. The industrial city has several major factories, including South AsianPetrochemicals Ltd, Indian Oil Corporation Limited (IOCL), Haldia Petrochemicals and Hindustan Lever, in addition to various light industries. The port has attracted Major International Petrochemicals Companies, like Mitsubishi Chemical Corporation (MCC).

Haldia and its surrounding places like Tamluk, Mahishadal, Geonkhali, Maynagarh etc. have greater tourism potential. Wonderful rivers like Haldi, Hooghly, Damodar, and Rupnarayan have made Haldia into an excellent week end tourism destination. The connectivity has tremendously improved and the bigger and luxury Hotels have already arrived in Haldia, thus the place has aptly become a hot spot among the tourist destinations in the state of West Bengal. The region offers places of historic importance, for nature lovers and travelers.