Moneycontrol PRO
HomeNewsBusinessCompaniesWest Bengal govt allots 15 acre plot to Cognizant

West Bengal govt allots 15 acre plot to Cognizant

State Education and Parliamentary Affairs Minister Partha Chatterjee said a plot of 50-acre was earlier allotted to real estate company Shapoorji Pallonji by WBHIDCO.

August 03, 2016 / 11:36 IST

The West Bengal government has decided to provide a 15-acre plot to IT company Cognizant Technologies Solutions (CTS) in New Town and waive the development fees for it.

State Education and Parliamentary Affairs Minister Partha Chatterjee said a plot of 50-acre was earlier allotted to real estate company Shapoorji Pallonji by WBHIDCO.

From that plot, the State government has decided to allot 15 acres to CTS for setting up its third campus in Kolkata.

CTS already has two facilities in the city -- one in sector V of Salt Lake and the other in Bantala Leather Complex.

"They will build IT services office there. It will give jobs to around 15,000 to 20,000 people. Therefore, we have decided to waive off the development fees," he said yesterday.

first published: Aug 3, 2016 11:32 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347