Riding on sops, Infosys to finally open maiden chapter in West Bengal

Cabinet approves concessions in lieu of earlier request for SEZ status for 50-acre lot at Rajarhat

Riding on sops to compensate for the lack of a Special Economic Zone (SEZ) status, information technology (IT) major Infosys is set to mark its entry in West Bengal.

Its plan is to invest Rs 100 crore and build a campus on a 50-acre lot that can employ up to 1,000 people. The state government, in a Cabinet meeting on Friday, cleared the proposal whereby a "mixed development" model has been offered to the company.

Partha Chatterjee, the state's parliamentary affairs minister, said after the meeting that of the 50 acres granted, 49 per cent will be on lease and used for