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March 14, 2013

Bengal gets Rs. 2,250 cr IT investment proposals

Bengal gets Rs. 2,250 cr IT investment proposals
West Bengal has received investment proposals worth Rs. 2,250 crores in the information technology (IT) sector during the current fiscal.
The government was eyeing a massive rise in the state's share in the country's exports in the sector, IT Minister Partha Chatterjee told the WBLA.
At present, West Bengal accounts for about three percent of the IT exports from the country, and the target was to raise it to 25 percent, said the IT Minister.
The IT Minister said that 500 IT companies operate in the state and employ over 1.20 lakh people.
The IT Minister said the Trinamool Congress government was opposed to granting special economic zone (SEZ) status to projects, as was spelt out in the party's poll manifesto in 2011.  However, the state had no problem in extending facilities like tax concessions and land which has been provided to the IT giants at lower than market rates.
The IT Minister said that companies like Tata Consultancy Services, ITC Infotech, Cognizant, Wipro have committed investments in the state which will boost IT exports from the state.  He said that IT had a bright future in the state, and pointed to initiatives like the Indian Institute of Information Technology (IIIT) at Nadia district's Kalyani and an international design centre at Rajarhat near here.
Courtesy : SME Times