Infosys to go ahead with Kolkata project worth Rs 1 bn without SEZ status

The Bengaluru-based IT major announced the commencement of work for building a software development centre with an initial investment of Rs 1 billion without any kind of tax sops from the government

Infosys has finally decided to go ahead with its plan to set up operations in Kolkata without the proposed centre getting the SEZ status, a key demand which has made the IT services major delay the project for quite some time.

The Bengaluru-based IT major on Monday announced the commencement of work for building a software development centre with an initial investment of Rs 1 billion without any kind of tax sops from the state government.

The West Bengal government had allotted 50 acres of land in Rajarhat township near Kolkata to Infosys in 2010. Despite paying Rs 750 million