Wipro to invest Rs 800 cr for expansion in Bengal

IT major Wipro's Chairman Azim Premji today met West Bengal Chief Minister Mamata Banerjee and expressed the desire to invest around Rs 700-800 crore to expand its operations in the state.

State Finance Minister Amit Mitra, who was present at the meeting, told reporters here that the IT major wanted to make the investment at its proposed facility at Rajarhat near the metropolis.

Quoting Premji, Mitra said Wipro would create 15,000 jobs in the new project, which is double the number of those at the company's Salt Lake campus.

He said Wipro also evinced interest in collaborating with the state government for creating paperless offices through the PPP (public private partnership) route.

The state government sources said 50 acres of land at Rajarhat would be given to Wipro soon. Wipro has already deposited 25% of Rs 75 crore for the land.

Wipro would get the possession of the land, once it deposits the full amount, the sources said.