The fear of labour militancy will lead to further industrial flight, but Singur's electoral power came from farmers' rights.
Job opportunities arise as companies try to cut costs and conform to laws, says Joyita Chatterjee.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
Mass agitations are not particularly uncommon in India. But a mass agitation led by an environment-related issue that has gone out of hand is not something that can be easily recalled.
In 2006-07, TCS had employed 7,000 people in the eastern states.
Investors can take heart from the first Cabinet meeting in the second innings.
The spectre of Singur and now its verdict is looming large on the future of many of Bengal's projects, especially the state government's industrial parks that are vacant. As many more episodes await, the question uppermost on everyone's minds is, how long will Singur haunt Bengal?
'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!
The BJP could win only 16 out of 57 seats where Shah campaigned.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.