No plan to surrender Bengal land

No plan to surrender Bengal land

IT major Infosys said it would not give up the 50acre land it has been allotted for its maiden campus in West Bengal, even as the project is to take off due to deadlock over the issue of SEZ status for over 2 years.

The company is open to considering an alternative model with SEZlike benefits for its Rajarhat campus in the eastern fringes of Kolkata, but said it is upto the state government to come up with a substitute to attract investments.

Replying to specific query, Infosys Executive Vice Chairman S Kris Gopalakrishnan said the company would not give up the land provided to it by the state. The state had earlier allotted 50 acres of land to the company for Rs 75 crore Rs 750 million.

On the alternative model for the project, he said: It is not necessary that the SEZ tag is important for us.

Meanwhile, West Bengal Industry Minister Partha Chatterjee said he would talk to Gopalakrishnan about the companys proposed Kolkata project.

To a query about the Infosys project, Chatterjee said: I will meet him Kris Gopalakrishnan.

However, the Minister refused to answer a specific query on whether any alternate plan has been finalised.

Infosys campus is yet to come up because the Trinamool Congressled state government is not keen on granting SEZ status as a policy.

Click NEXT to read more Courtesy, Infosys

SEZ , West Bengal Industry , Partha Chatterjee , Kris Gopalakrishnan , Kolkata

There are places where these benefits are given through SEZs. Any government will like to attract investments. There could be other options. It is up to the state government to figure that out, Gopalakrishnan said.

Besides Infosys, Wipro was also stuck on the similar issue for its second unit also at Rajarhat.

It is a competitive environment, one should understand that, the Infosys Vice Chairman said.

Referring to contentious land issue, he said that big projects required huge tracts of land. In this regard, the state government has a role to play, he said.