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IT major Infosys will invest ₹100 crore to set up a facility in the State, West Bengal Chief Minister Mamata Banerjee told reporters here on Tuesday.
The company had earlier put its Bengal project on hold, despite possessing land, for want of SEZ status.
It had paid ₹75 crore in 2011-12 for 50 acres of land in the satellite township of Rajarhat.
Despite attempts to resolve the issue by the then IT Minister Partha Chatterjee, the deadlock continued. Infosys sought SEZ status, which the State government had refused.
According to sources, the State government has now decided to offer fiscal benefits to Infosys in lieu of SEZ status.
A formal announcement on the benefits is expected after Cabinet approval.
“Infosys will invest ₹100 crore for a campus, but without SEZ status,” Mamata said.
Sources say Infosys top brass have written to officials of the State IT Department, expressing willingness to resume work here. Around 1,000 people will be employed at the campus.
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