Reliance Jio, Infosys to set up projects in Bengal’s proposed ‘Silicon Valley Hub’

The West Bengal government has announced the creation of a ‘Silicon Valley Hub’ at New Town near Kolkata, where companies like Reliance Jio and Infosys Ltd will set up projects

West Bengal chief minister Mamata Banerjee, on August 13, 2018, laid the foundation stone of the Bengal Silicon Valley Hub, to come up on 100 acres.

State chief secretary Moloy De said that following Reliance Industries’ chairman Mukesh Ambani’s announcement at the last Bengal Global Business Summit, Reliance Jio would set up a data centre on 40 acres within the hub. Meanwhile, IT giant Infosys Ltd, said it has commenced work on a new software development center inside the hub.

As part of project, spread over 50 acres, Infosys will invest around Rs 100 crores in the first phase of construction, which will ‘create employment for 1,000 engineers, initially’, the statement said. The first phase of the project will be completed within 15 months, from the date of obtaining all statutory clearances, it said.

See also: Bengal spends Rs 1,372 crores towards green city project

Banerjee said West Bengal was an industry and technology-friendly state, with ‘one of the least attrition rates’, along with low operational costs. The West Bengal government has also collaborated with Amazon Internet Service and FujiSoft, for high-end IT solutions, the state’s finance minister Amit Mitra said. Nasscom president Debjani Ghosh, added that an international summit on SMEs would be held for the first time in India at Kolkata in January 2019, which would be attended by around 2,000 delegates.

 

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