Bengal cabinet to ratify Infosys entry into state: Basu
The West Bengal cabinet will endorse the maiden entry of IT major Infosys into the state, state IT Minister Bratya Basu said today.
"A cabinet note will be prepared and then be placed for approval", Basu told reporters on the sidelines of a CII event here.
Basu said that Infosys had agreed to the terms laid down by the state government.
He said that the company would be accorded the incentives promised, but no additional concessions would be given.
Infosys, which was given 50 acres of land at Rajarhat by the previous Left Front government in 2010, was going slow on the project as the new dispensation under the Trinamool Congress government led by Mamata Banerjee was reluctant to grant the SEZ status as promised to them before.
Recently, Banerjee announced that the company would start the Kolkata centre with an investment of Rs 100 crore with an employment potential of 1000.
Asked about what kind of work would the company do here, Basu said "we wanted to break the ice first. The company is yet to inform us about the nature of work it will start with".
The minister said that registration of land given to Infosys was under process.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.