Infosys to get steep concessions to develop Kolkata centre
After West Bengal government showed renewed interest in the project, Infosys on 29 August said it had agreed to start construction of its development centre in Kolkata, which will have capacity to seat up to 1,000 people. Photo: Hemant Mishra/Mint
The West Bengal government has agreed to offer path-breaking concessions to Infosys Ltd to get the software services firm to develop its 50-acre plot in Rajarhat township near Kolkata.
West Bengal will allow Infosys to use up to 49% of the plot allotted in 2010 in any manner it likes, and has also agreed to the firm scaling down its investment and job creation commitments.
Credit: livemint.com