Possibility of Infosys setting up shop in Bengal not ruled out

He said that he had a meeting with Infosys Executive Vice-Chairman S (Kris) Gopalakrishnan

Press Trust of India Kolkata
Last Updated : Aug 06 2013 | 4:16 PM IST
West Bengal Industry minister Partha Chatterjee today said that the possibility of Infosys setting up shop in the state was not ruled out.
 
"I had a meeting with him. We will be happy if Infosys comes. The possibility is not ruled out," Chatterjee said after a one to one meeting with Infosys Executive Vice-Chairman S (Kris) Gopalakrishnan.
 
He did not go into details.
 

Also Read

Yesterday, Gopalakrishnan as CII president had said that large projects required huge tracts of land in which the the state government had a role to play.
 
Chatterjee, at a CII organised ICT East meet during the day, said that availability of land was not an issue for the state.
 
"Don't be apprehensive about land. We have enough land," he said.
 
He said that there were a number of places where land was available. "If the price is a constraint we will look into it and so don't hesitate come to Bengal."
 
He, however, he did not explain the specific government role in acquisition of land.
 
Infosys has been demanding SEZ status to start its Bengal campus, but the state government has been against providing it.
 
The state government in the past had said it was considering comparable benefits of SEZ to the IT major, but there was no concrete proposal.
 
Infosys had said it was open to considering an alternative model with associated SEZ-like benefits for its maiden campus in the state.
 
In a Special Economic Zone, tax credits are given to units which is 100% for the first five years, 50% for the next five years and 50% for the remaining period.
 
Infosys has been allotted 50 acre by the state government at Rajarhat near the metropolis. 
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2013 | 4:13 PM IST

Next Story