Kolkata is the main commercial and financial hub of East and North-East India. It is also home to some niche businesses and occupations run by individuals and families that hold on to the old world charm interspersed with strong essence of quintessential Bengali culture. Kolkata is globally recognised in the region for generating fairly good business. Many industrial units of large Indian corporations, whose product range is varied and includes – engineering products, electronics, electrical equipment, steel, leather, textiles, jewellery, automobiles, wagons, tea, paper, chemicals, food products, jute – are headquartered in Kolkata. Recently the city has been transformed to a major information technology hub in India.