Sunday, September 30, 2018

Bengal Silicon Valley Hub

"Foundation Stone of Bengal Silicon Valley Hub, a major milestone in IT infrastructure of the state, was laid today at New Town, Kolkata": Mamata Banerjee's Tweet on 13.8.2018.
Last Friday, on 28th September 2018, the notice inviting Expression of Interest was published. The cryptic notice published in newspapers read as follows:

The link to the document is . A good summary article appeared in Times of India on 29.9.2018. This was as follows:

The Silicon Valley site is located near Akankhya More / Gate 4 Eco Park. Its area is 200 acres. 24 plots of various sizes are offered at a special price to International and National Tech companies. Annual turnover of Rs 500 cr and presence in 10 states (for national cos) and 3 continents (US, Europe, Asia-Pacific) for International companies. Pre bid will be held on 10 Oct. Last date is 31 Oct. Application money is Rs 25 lakhs.
Projects must start within six months of allotment. It must be completeed within 3 years. If not, the land will be taken back and occupation charges will be levied.
There will be other phases too to accommodate other sectors of the IT&E spectrum. The idea is to go from big companies and then to medium and smaller ones in phases.
A 5 acre plot is earmarked for commercial activities which will be allotted at market prices in due course.
Govt of West Bengal is trying to tie up with international consultants to get the best strategy in moving forwards.
As per the IT&E Policy, the IT&E Department is enhancing its role as a catalyst and also trying up with Academic Institutions (IIT, MAKAUT, University of Kolkata, IIIT, NIT, ISI etc)  and Chambers of Commerce ( CII, BCCI, NASSCOM, ICC, MCCI etc) for setting up Centres of Excellence and for helping startups in areas ranging from IPRs to Financing.

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