The proposed analytics city in Kalyani is likely to attract investments of more than Rs 3,000 crore in next three years. In the first phase, being developed over 52 acres off Kalyani Expressway, the hub will accommodate academic, residential and commercial centers apart from real estate projects.
According to Kallol Dutta, the immediate past president of BCCI, the original plan is to set it up on 250 acres. In that case, the investment will go up to Rs 6,000 crore.
Holistic solution to consumers
While MNCs in the field of banking, insurance, retail, telecom and automotive industries have in-house data and analytics facilities, there is no analytic hub that can provide holistic solution to analytics consumers. While a number of small boutique analytics service providers have come up in the country, the state is looking at bringing the majors under one umbrella.
With research facilities being proposed inside the city, there are proposals to tie up with the education institutions. Apart from universities in the country, efforts are on to tie up with foreign universities. Apart from organizing road shows, chief minister Mamata Banerjee will showcase the project during her visit to London.
Data and analytics, which require strong science, puts India in an advantageous position with a ready talent pool. “We have a large talent pool in Bengal who work in other cities. The analytics city will have access to the talent pool available within the state,” Sen said.
Excerpted from a story that appeared on The Times of India on 20.06.2015