Infosys, Wipro commit Rs 500 cr each in West Bengal

IT majors Infosys Technologies Ltd and Wipro on Thursday committed investments of Rs 500 crore each for setting up development centres near this metropolis.

KOLKATA: IT majors Infosys Technologies Ltd and Wipro on Thursday committed investments of Rs 500 crore each for setting up development centres near this metropolis.

Both the facilities would come up on 90 acres earmarked in the 1,200-acre IT city which would come up at Rajarhat, West Bengal IT minister Debesh Das told reporters here.

While it would be the first development centre for Infosys in the state, Wipro already has a facility - an IT special economic zone at the Salt Lake electronics complex.

The IT city would be promoted by a joint venture company floated between Akash Nirman and Webel. While 600 acres would be reserved for IT related infrastructure, the balance would be earmarked for IT companies.

Das said that more IT companies were in the pipeline for opening their facilities in the state.

While Infosys had demanded 100 acre initially, land allocation to Wipro had gone up from 50 acre to 90 acre.
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Tamal Dasgupta, senior VP of Wipro, said "this shows our faith in the state.

"We have signed a MoU with the state IT department early this month and decided to invest Rs 500 crore and recruit a workforce of 5,000 in the first phase," Infosys CEO and managing director S Gopalakrishnan said here.
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