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

Wipro, Infosys get 180 acres for Bengal SEZ

Font Size

Express news service

Posted: Apr 25, 2008 at 0103 hrs IST

kolkata, April 24 The bitter experience of land acquisition for the SEZs has not stopped the Buddhadeb Bhattacharjee government in West Bengal to move ahead with the industrialisation process. It became clear today that the two Indian IT giants — Wipro and Infosys — will be setting up two SEZs at Rajarhat with initial investments worth Rs 500 crore each.

The firms, which had signed the MoU with the state government on April 3, have been allotted 90 acres each at Rajarhat. This was announced by state minister of IT, Debesh Das, after officials of the companies met Chief Minister Buddhadeb Bhattacharjee at the Writers' Buildings today.

The Akashnirman Pvt Ltd, a private firm, is purchasing 1,200 acres at Rajarhat. Of this, the firm will give 600 acres to the state government.

"We are allotting 90 acres to each and the rest will also be allotted to other IT companies who have showed interest," Das said. Looking cheerful after meeting Chief Minister, S Gopalakrishnan, Chief Executive Officer and Managing Director of Infosys said: “The hitches are over and finally we are in West Bengal to develop our project.”

“We are finally in here to set up a multi-tech and multi-service IT centre cum BPO. This will create space for additional 5000 jobs,” he added.

Infosys’ plans for the state were pending since 2003 as land price stood contentious between the two parties.

State government's initial offer of land to Infosys was at a rate of Rs 2.16 crore per acre against the company’s offer of Rs 20 lakh. This later came down to Rs 1.8 crore then further down to Rs 1.3 crore but Infosys has been sticking to a price tag of Rs 20 lakh to 50 lakh per acre at Rajarhat. The Bhattacharjee government then offered a prime100-acre plot to Infosys in Kalyani, 60 km from Kolkata, at Rs 15 lakh to Rs 20 lakh per acre. But Infosys was not interested and said that it would back out.

Today Gopalakrishnans said that his firm has already already employed 91,000 people across the country and would create 25,000 additional jobs this year. “Campus offers have already been to employ 18,000 people,” he said.

The state government has used Webel, the government-run nodal agency for IT, to form a joint venture — Webel Akash IT Links — with Akash Nirman Ltd for purchasing 1,200 acres from the farmers and handing over 600 acres to the government for selling it to various IT companies. The JV would sell the remaining 600 acres for social infrastructure that would support the IT projects.

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'

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

China bans Friday prayers at Mosques in riot-hit Urumqi

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

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

Guj hooch tragedy: Death toll rises to more than 100

J-K police arrest cross-LoC trader for 'hawala payments to militants'

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