IT major Infosys is still awaiting response from the West Bengal Government for a Special Economic Zone (SEZ) status or similar benefits associated with a SEZ for its proposed campus here in the State.

“We need the SEZ status and that is what we told the State Government. They said then that they would figure out how other benefits could be provided. So that is the situation.....We said we will wait. And that is the status. We are still waiting,” S. Gopalakrishnan (Kris), Executive Co-Chairman, Infosys said. With the fate of its proposed campus in West Bengal under a cloud following the non-availability of SEZ status, the company has kept its investment plans on hold in the State.

Infosys had paid Rs 75 crore in full for the 50 acres of land at the satellite township of Rajarhat on the eastern fringes of the city.

State Commerce and Industry and IT Minister, Partha Chatterjee, in September this year met the Infosys top-brass at their Bangalore headquarters to resolve the deadlock.

Chatterjee had then proposed that the State Government was willing to give benefits similar to that of a SEZ.

Accordingly, the State Government had appealed to the Centre to extend sops under the software technology parks of India (STPI) scheme.

Reiterating that a SEZ status was necessary for the proposed Bengal campus, Gopalakrishnan, said: “We need SEZ or similar facilities because that is what we get in other places.”

(This article was published on December 9, 2012)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.