Infy sign MoU with HIDCO for Kolkata campus

To create job opportunities for 15,000 people

PTI | November 26, 2010



In a major boost to West Bengal's industrialisation drive, IT major Infosys Technologies today signed an MoU with WBHIDCO for a 50-acre plot to open a campus in Kolkata to provide job opportunities to nearly 15,000 people.

"Infosys today signed an MoU for a 50-acre plot close to Wipro site at Rajarhat for a total cost of Rs 75 crore," State Housing minister and West Bengal Housing and Infrastructure Development Corporation (WBHIDCO) Chairman Gautam Deb said here.

Comments from Infosys were not available.

State's IT minister Debesh Das said as the completion of the connective road to the plot is pending the government has offered a relief to Infosys in paying instalments.

"They (Infosys) will pay 25 per cent as first instalment and rest of the instalment will begin after road connectivity is completed," Das said.

Wipro and TCS had already taken the possession of plots at Rajarhat in December 2009. With the formal entry of Infosys, Bengal gets all the IT majors in the state.

Das said Infosys has promised to begin construction work of the campus very soon.

Last year Infosys had postponed the investment plan in Kolkata campus due to global economic slowdown, but the project was never abandoned.

According to earlier announcements, Infosys had planned in 2004 to invest some Rs 500 crore to set up a development centre in Kolkata housing 5,000 people.

The project got delayed and in June 2009 an IT township project in Salt Lake, Kolkata, was scrapped by the West Bengal government following a controversy on alleged forced land acquisition.

 

Comments

 

Other News

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

BMC: 207 officials in ACB net, 112 still on duty, 68 retire before justice catches up

There are significant delays in the handling of corruption cases involving officials of the Brihanmumbai Municipal Corporation (BMC), a Right to Information (RTI) response obtained by rights activist Jeetendra Ghadge has revealed. As of 30 April 2026, 207 BMC officials face Anti-Corruption Bureau (A

The transformation trap: Why efficiency is not innovation

Every company is transforming, or so it claims.   There was a time when the word ‘transformation’ carried weight. It signified bold strategic shifts, reinvention of business models, and breakthrough technologies that fundamentally changed how organizations created

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter