Financial Daily from THE HINDU group of publications
Friday, Oct 11, 2002

Port Info

Group Sites

Info-Tech - Hardware

Bengal CM woos Korean investors

Our Bureau

KOLKATA, Oct. 10

THE Chief Minister, Mr Buddhadeb Bhattacharjee, has urged potential South Korean investors to consider investing in the State's IT sector.

Inaugurating a personal computer (PC) manufacturing facility at the Salt Lake Electronics Complex, Mr Bhattacharya routed his request to potential South Korean investors through Samsung Electronics India Information & Telecommunication Ltd (SEIIT), which is a partner in the Rs 3-crore PC manufacturing project.Other partners in the project are Webel Technology Ltd and Syntech Informatics Pvt Ltd.

"This project is a small but decisive step towards growth of the IT hardware segment in the State. Through Samsung, I would like to appeal to South Korean investors to consider investing in West Bengal's IT sector,'' Mr Bhattacharjee said, even as he urged Samsung to manufacture other products as well in the State.

Christened ` - PC Powered by Samsung', the facility will initially manufacture 1,000 PCs per month, which will be ramped up to 2,000 PCs per month in the future.

Samsung will provide the technology and components while Webel Technology will provide infrastructure and marketing support.Syntech will provide the working capital and manage the assembly line. The PCs will be sold at an "affordable'' price of around Rs 30,000.

According to Mr Bhattacharjee, the project will go as long way in making PCs affordable and thereby help in bridging the digital divide.

Send this article to Friends by E-Mail
Comment on this article to

Stories in this Section
E&Y award for Narayana Murthy

BSNL picks CDMA for WLL connections
Bengal CM woos Korean investors
Infosys Q2 sales surge 35.29 pc; net up 12% — Upbeat on third quarter
Hyderabad to go Singapore way
Infosys: Onsite engagements, outsourcing deals drive growth
Aptech to launch call centre training course
Out-of-court settlement fails — `Phaneesh suit will hit results'
Elansoft applies for US patent for product
Infosys adds over 1,800 staff to rolls
Fresh funds to be utilised for broadband connectivity: Sify
BSNL franchisees given more time for broadband services
Bharti to launch VSAT-based Net services in Kerala
More cos to take part in IT expo
`Nasdaq willing to help companies in India'
Infosys sees rise in outsourcing deals
IBM releases new Lotus products

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line