November 4, 2018
Silicon Valley Hub of Bengal receives overwhelming response
Kali Puja (Deepavali) has brought with it a tide of good news for the State’s IT sector. On Saturday, Chief Minister Mamata Banerjee shared on her Facebook page that the Silicon Valley Hub project of Bengal has received overwhelming response from investors.
The State Government had launched the Silicon Valley Hub on August 13, 2018 to attract even more investment in IT, ITeS and ICT, and also to build a world-class ecosystem for cutting-edge technologies and innovation in Kolkata.
“In just 2 months, out of 100 acres of land earmarked for the Hub, 4 major global IT companies, among others, have applied to set up new investments on 74 acres already,” the CM wrote.
Reliance Jio wants 40 acres to set up a state-of-the-art centre for IT-enabled telecom, big data analytics and artificial intelligence (AI). TCS wants 20 acres in the Hub which will add another 15,000 IT professionals to their current workforce plan of 58,000 in Kolkata. Capgemini has asked for 10 acres to start cutting-edge IT business in Kolkata. Sanjiv Goenka will start with 4 acres for his IT company, Firstsource Solutions to conduct global operations from Kolkata.
“There are other innovative entrepreneurs who have also sought to join this ecosystem. In the meantime, Genpact of GE Capital of USA, is investing Rs 300 crore in a massive expansion,” the CM added.
“Encouraged by this quick and warm response, I am planning to add another 100 acres to the Silicon Valley Hub of Kolkata,” Mamata Banerjee announced.