Contemporary urbanization in India is in transition and this, along with the continuation of a ‘top heavy’ urban structure and gradual deindustrialization, is characterized by faster growth of informal employment, a declining trend of urban-ward migration of males, the slow down in the growth of cities and towns and the emergence of new urban centres. Given this immediate backdrop, this paper examines the contemporary processes and emerging forms of urban transition in West Bengal, with its longstanding history of ‘mono-centric’ urbanization. It reveals that urbanization in the state is no longer confined to a few pockets, as many new urban centres have emerged away from them and small towns are growing at relatively faster rates compared to the cities. But the underlying factors of this transition are not associated with the dispersal of economic activities and employment opportunities away from the metropolises. Furthermore, the study is sceptical about the significance of this emerging form of urbanization fuelled by the growth of small cities and towns which have a weak economic base, a crisis of urban governance and inadequate access to basic amenities.