Bengal Silicon Valley on track with 42 companies onboard: Minister Babul Supriyo

Exports in West Bengal’s Information Technology (IT) sector have increased from ₹4,500 crores in 2011 to nearly ₹35,000 crores in 2025, State IT Minister Babul Supriyo said, highlighting the government’s focus on its IT industry and the development of a 250-acre Bengal Silicon Valley project in New Town.

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“In Bengal Silicon Valley, we had about 250 acres of land. All land parcels in the 250-acre Bengal Silicon Valley have been allotted, with 42 companies onboard. Nineteen of them have already started their work in some manner, and three are fully operational,” he said at ICC VisionTech – LEAD 2025, organised by the Indian Chamber of Commerce (ICC) on July 12.

Mentioning other IT parks in the State, such as Kalyani, Durgapur, and Siliguri, the minister added that all 10 Webel-owned properties in Sector V and the three in Siliguri have reached 100% occupancy. 

“Tata Consultancy Services already had a campus here, where they had already employed around 50,000 employees. And just about a couple of days back, their Head also had a very fruitful meeting with our Honourable Chief Minister, in which the way forward has been crafted. They are holding strategic discussions on further expansion in Bengal,” he added. 

In his address, Mr Supriyo highlighted recent developments in the semiconductor sector in the State, with the recent establishment of GlobalFoundries’ R&D operations in Kolkata. “We are in the final stages of announcing forward-looking semiconductor and GCC policies to ensure a responsive, future-ready ecosystem. But we are taking a little bit of time because we want to make it as competitive with the other States and make it full-proof where we cater to the needs or the aspirations that are coming back to us right now,” he said. 

Mr Supriyo also addressed the extensive migration from West Bengal to other countries and other metro cities in the country. He underlined the comparatively lower costs of living in the State and the Chief Minister’s vision to “make Kolkata a leading IT hub of India”.