Thursday, September 11, 2025
spot_img

Infosys to set up software development centre in Kolkata

spot_img
- Advertisement -

Infosys to set up software development centre in Kolkata, CM Mamata Banerjee

IT services giant Infosys will start construction of a proposed software development centre in the metropolis by July 2021, West Bengal Chief Minister Mamata Banerjee said on Tuesday.

The project will generate massive employment in the IT sector, she said after a cabinet meeting at the state secretariat.

“We had written to Infosys to set up a software development centre here for which we will be giving them land. The company has agreed to our proposal. Infosys will be submitting the final approved sanctioned plan by December 20,” Banerjee said.

The chief minister said India”s second largest IT services company will start construction of the development centre by July next year, and aim to complete it within 24 months.

Infosys had earlier proposed to set up an IT/ITeS special economic zone (SEZ) over an area of 20.14 hectares in South 24 Parganas.

In 2010, the West Bengal government had allotted 50 acres of land in the city”s neighbouring Rajarhat area to the company, but refused the proposal for SEZ.

According to a top state bureaucrat, Infosys, after being assured of compensation, has agreed to start construction of its development centre.

The state cabinet on Tuesday also sanctioned 100-acre land to 20 new IT companies at the Newtown Silicon Valley, she said.

The CM said the cabinet gave its nod to Wipro to set up another IT sector at the Silicon Valley.

It also approved extension of the deadline of land taxes payment for the last financial year till next June, Banerjee said.

“There are people who could not pay the land taxes… because of the lockdown from March 23. Now, they are required to pay 6.25 per cent interest to clear the previous year”s dues.

“But, ours is a humanitarian government, and so we have decided to extend the last date till June and waive this interest,” she said.

Further, the state cabinet sanctioned land in Jaipaiguri for Star Cement to set up one of its units.

Banerjee said her government also decided to organise fairs and exhibitions involving different departments.

“Many have expressed disappointment over not being able to hold programmes. So, we have decided to organise 617 fairs and exhibitions, which will generate employment opportunities for 3.64 lakh people,” she said.

The cabinet, Banerjee said, has decided to initiate the ”Bigyani Kanya Medha Britti Scholarship” to help 50 senior women scientists with a monthly scholarship of Rs 4,000 per month.

Subscribe to our Daily Newsletter!

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Labour Ministry to consider feedback on using social media for salary slips

Labour Ministry to consider feedback on using social media...

Coca-Cola to cut 2,200 jobs globally

Coca-Cola to cut 2,200 jobs globally According to ABC News,...

Major initiatives taken by Ministry of Labour and Employment in 2021

A number of major initiatives were undertaken by the...

Max Life Insurance Elevates Richa Singh as VP- HR, LDP and DEI

Max Life Insurance, a leading Indian insurance company, has...

CEO memo has been viral: ‘No friends at work’

Work-Culture and a friendly environment are required for every...

Accenture in India tweaks its leave policy

An Irish-American professional services company, Accenture has revised its leave...

Ecom Express to hire 7,000 employees in next 2 months

Ecom Express plans to hire 7,000 employees in next...

Indian employers need to rethink benefits strategy amid rising costs

Employers are facing a range of challenges including rapidly...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/