Moneycontrol PRO
LAMF
LAMF

Mindtree planning to set up development centre in Kolkata: CEO

The IT services firm has already onboarded 1,700 people in its existing facility in the West Bengal capital so far, he said.
September 08, 2022 / 08:22 IST

Mindtree, a Larsen & Toubro Group company, is planning to set up a development centre in Kolkata, which could create employment opportunities for 15,000-20,000 people in the next four-five years, a company official said here on Wednesday.

The IT services firm has already onboarded 1,700 people in its existing facility in the West Bengal capital so far, he said.

"We have taken up 19 acres of space. Hopefully, things will start. The construction will be done by L&T… the management is committed. We will set up a huge centre," Mindtree Ltd Chief Executive Officer and Managing Director Debashis Chatterjee said at ICT East organised by CII. The development centre can create employment opportunities for 15,000-20,000 people, he said.

The IT company had in March announced the opening of its first development centre in Kolkata. Another IT company of the L&T group, Larsen and Toubro Infotech (LTI) had in June also announced opening up of a new centre in the eastern metropolis.

Larsen and Toubro board had in May announced a composite scheme of amalgamation of its two listed IT services firms to create a combined entity. During the event, State Information Technology minister Babul Supriyo urged the industry leaders to guide his department about "what needs to be done" to grow the information and technology sector in West Bengal.

Another multinational technology firm Oracle is also weighing opportunities in the state for a data centre project that could help small and medium businesses. We are working very closely with the government towards creating a dedicated data centre for West Bengal, said Shailendra Kumar, senior vice president, regional managing director India and NetSuite JAPAC, Oracle NetSuite Global Business Unit.

The plans could take shape over the next 2-3 months, he added.

PTI

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