West Bengal props up its SEZs

By siliconindia   |   Monday, 10 September 2007, 19:30 IST
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New Delhi: The West Bengal government is planning to set up two new IT-specific special economic zones (SEZ) in the state to accommodate IT majors like Infosys, Wipro and TCS who are keen to start operations or expand existing operations, reported The Economic Times. Two SEZs would be owned by the state and be located at Rajarhat and Kalyani. They would be spread over an area of 323 acres and 200 acres respectively. The West Bengal government is also eyeing investments from foreign IT companies in the SEZs and has plans of sending an official delegation to some countries including Taiwan and Singapore for this purpose. There is increasing interest from IT companies towards setting up and expanding operations in West Bengal due to the low operating cost in Kolkata compared to other metros. Wipro and TCS have asked the state government for 40 acres of land each while Infosys has demanded 100 acres for their operations. The state has put a target of contributing about 15 percent to the country's total revenue earnings from IT exports and be among the country's top three states in terms of generating revenues from IT-related activities in the next five years. Other companies keen on their expansion plans in the state include Convergys, HCL Infotech and Patni. U.S.-based Accenture is also in talks with the government for setting up its centre in Kolkata. Accenture's Kolkata centre would be its largest across Asia.