www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Jobs Hotels
Sign In / Register | Archive
Expressindia » Story

‘Infrastructure to determine land cost for IT SEZs’

Font Size

Express News Service

Posted: May 03, 2008 at 0125 hrs IST

Kolkata, May 2 State IT minister Debesh Das has said that the cost of infrastructure would determine the final cost of the land allotted to the two IT majors — Infosys and Wipro — to set up their SEZs near Rajarhat.

The state government has already assured 90 acres of land to each of the two IT firms. “We are unable to quote the price of the land to Infosys and Wipro, as it would depend on the cost of basic infrastructure for the proposed IT city,” the minister said on the sidelines of a seminar on IT security that was organised by the Confederation of Indian Industry.

The state government will allot the land from the 600 acres that it will get from a joint venture company of Webel and Akash Nirman. Around 1,200 acres will be acquired by the company for the IT city at Rajarhat.

Both Infosys and Wipro have assured an investment of Rs 500 crore each in the state for their new development centres. The IT majors are waiting for the land to be handed over to them to start the construction at the site.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

'India's growing power makes it a global player'

SC refuses to interfere in Maya’s statue installing spree

'1,400 Tamils dying every week in Lankan refugee camps'

Some Urumqi mosques open for Friday prayers

Guj hooch tragedy: Death toll rises to more than 100

Nilekani leaves his identity at Infosys to give one to all Indians

Over Rs 14 cr missing in name of Naxal war in Jharkhand

More
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map