Kolkata, Dec 11: Wipro Technologies has accepted the West Bengal's offer of 50 acres in Rajarhat on the outskirts of the city and is planning on starting work to set up its second campus in 18 months.
"We visited the site in the morning and have settled with the government for purchase of the land. We appreciate the support we have received from the state government," Wipro chairman Azim Premji told reporters after meeting with the chief minister Buddhadeb Bhattacharjee.
Premji who expressed confidence in the potential of the plot also said, "The area is getting ready."
The plot belongs to the Housing Infrastructure Development Corp (Hidco) and will be handed over to the IT behemoth at a price of Rs 1.5 crore per acre.
Speaking on the development, State Information Technology Minister Debesh Das said, "The decision of Wipro to go for its second campus in Kolkata even at this time of downturn proves the state's potential in IT industries."
This comes a big relief to the Left front in the state. The Left, which is suffering a consistent decay to its image, took a beating in almost all of the elections held recently.
Besides the big controversy over Tata Motors' Nano plant being forced out of the state, the proposed township projects at Rajarhat was mothballed following allegations that the land allotments to IT companies were snatched from the locals.
This hurt the state's image as a potential destination for IT companies.