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  Business   Companies  07 Sep 2017  Infosys to expand to West Bengal, govt to ratify entry

Infosys to expand to West Bengal, govt to ratify entry

PTI
Published : Sep 7, 2017, 2:16 pm IST
Updated : Sep 7, 2017, 2:16 pm IST

West Bengal IT Minister Basu said that Infosys had agreed to the terms laid down by the state government.

The West Bengal cabinet will endorse the maiden entry of IT major Infosys into the state. Photo: PTI
 The West Bengal cabinet will endorse the maiden entry of IT major Infosys into the state. Photo: PTI

Kolkata: The West Bengal cabinet will endorse the maiden entry of IT major Infosys into the state, state IT Minister Bratya Basu said on Thursday.

"A cabinet note will be prepared and then be placed for approval", Basu told reporters on the sidelines of a CII event here.

Basu said that Infosys had agreed to the terms laid down by the state government. He said that the company would be accorded the incentives promised, but no additional concessions would be given.

Infosys, which was given 50 acres of land at Rajarhat by the previous Left Front government in 2010, was going slow on the project as the new dispensation under the Trinamool Congress government led by Mamata Banerjee was reluctant to grant the SEZ status as promised to them before.

Recently, Banerjee announced that the company would start the Kolkata centre with an investment of Rs 100 crore with an employment potential of 1000.

Asked about what kind of work would the company do here, Basu said "we wanted to break the ice first. The company is yet to inform us about the nature of work it will start with".

The minister said that registration of land given to Infosys was under process.

Tags: infosys, west bengal
Location: India, Maharashtra, Mumbai (Bombay)