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Bengal

Silicon Valley hub: Four leading companies respond to EoI

Kolkata: Four top companies have already responded to the Expression of Interest (EoI) floated for setting up units at Silicon Valley hub in New Town. Reliance Jio, TCS, Capgemini and Firstsource Solutions are the four companies which have applied for a space of 74-acre at Silicon Valley.

State IT and Industry minister Amit Mitra said on Friday that Reliance Jio had sought a plot of 40-acre, TCS around 20-acre, Capgemini around 10-acre and Firstsource around four-acre.

"Combining these together, a land of 74-acre earmarked for the hub has already been applied for," Mitra said at the TiECon seminar.

It may be mentioned that while laying the foundation stone for Silicon Valley hub on August 13 which is to come up on a 100-acre of land, Chief Minister Mamata Banerjee has requested state

Additional Chief Secretary IT Debashis Sen to keep another plot of 100-acre at the hub for the investors.

Currently, the allotable portion of land stands at169-acre out of 200-acre (excluding road and commercial space) at the Hub. It may be mentioned that when the EOI was floated in September, it was for a total of 169-acre of land.

The minister said the department will examine the eligibility criteria of the applications before allotting space to these companies. "The land would be given at a break-even price to the companies," he maintained.

The special promotional price of the plot would be Rs 4.70 crore per acre as one-time lease premium.

According to Mitra, IT business in the state has grown by 79 percent in terms of the number of IT companies in the state. The number of IT companies in the state has gone up to nearly 1,500 from 894 in the last five six years.

"In 2011, the number of IT professionals working is around 1.80 lakh now from 80,000," he said.

The IT exports in Bengal have risen to Rs 19,500 crore in 2016-17 up from Rs 8,315 crore in 2010-11.

Leading industrialists Sanjay Budhia and Harsh Neotia who attended the event expressed their optimism and maintained that Bengal would emerge as the most preferred destination for investment in the days to come.

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