BENGALURU: The snub from the West Bengal government over the proposed development centre of software exporter Infosys is likely to result in the Bengaluru-headquartered company returning the land back to the state government.
The development comes in the wake of the stance of Est Bengal Chief Minister Mamata Banerjee’s government not willing to grant an Special Economic Zone (SEZ) type benefits for the proposed project. Senior officials from Infosys had recently met with officials of the WB government but the meeting did not yield any positive results, sources said.
“We continue to remain optimistic and talks are still on,” Ramdas Kamat, Executive Vice-President, head of facilities, administration, security and sustainability at Infosys told Express. He refused to comment on whether the company had decided to return the land.
NR Narayana Murthy, Co-founder of Infosys, had first expressed interest in setting up a development centre in West Bengal and had sought 100 acres. The company got 50 acres from in 2010 for Rs 75 crore, it was stated.
Sources within the company said that other states would get the benefit of the proposed development centre if the West Bengal government continues to defer the SEZ status.
Sources claim that the company is likely to surrender the land as the project has been plagued with delays and entwined in the politics of the state.
Calls and texts made to senior Trinamool Congress (TMC) leaders and the state IT department went unanswered.
Infosys had faced similar problems with the Karnataka government. But in this case, the state government had pulled all stops to ensure the company’s concerns were addressed when Infosys decided to surrender 40 acres back to the state government over lack of infrastructure.