Kolkata to renew talks with Infosys for campus

Commerce and Industry Minister Partha Chatterjee said that Kolkata would soon renew talks with Infosys on setting up a campus. However,he said that the SEZ facility would not be granted to the IT firm.

Written by Express News Service | Kolkata | Published:March 31, 2013 12:42 am

Commerce and Industry Minister Partha Chatterjee said that Kolkata would soon renew talks with Infosys on setting up a campus. However,he said that the SEZ facility would not be granted to the IT firm.

“We have asked a team from Infosys to come over. We want Infosys to put up their organisation here. They have agreed to initiate a dialogue. They have some business problems and we have,on principle,stuck to our point that no SEZ status would be allowed here. So we will have to find a way through mutual dialogues,” Chatterjee said on the sidelines of a Confederation of Indian Industry conference.

Chatterjee assured that land would not be a problem. “We have Shilpa Sathi,a single-window facility to expedite clearance. A Common Application Form was introduced that reduced the earlier 99 pages application process to just seven pages,“ he said.

Earlier at the conference,Ajay Shankar,member secretary,National Manufacturing Competitiveness Council,said,India had the potential to move from the current fourth position to second in manufacturing competitiveness.

“Inclusive growth can be attained through success in manufacturing growth. We must concentrate on labour intensive industries. Startups need to become a global brand name in the next decade.”

Adi Godrej,President,CII,said eastern India is fast emerging as an important hub of economic growth,but to sustain the growth process,emphasis needs to be laid on more reforms and improved governance.

“Compared with 9.3 per cent GDP growth in 2010-11,the 5 per cent growth rate in 2012-13 is unacceptable. There has also been a contraction in investments with growth in fixed capital formation moderating over the past few years,” Godrej said.

He added,“I strongly feel that we are once again at the crossroads to choose between business as usual and 9 per cent-plus growth. I would choose the second path to meet the aspiration of the billion plus people and to make the transition to a developed nation which requires sustained high rates of equitable growth with development.”

Godrej also said that structural reforms both at the Central as well as the state level needed to be undertaken.

For all the latest News Archive News, download Indian Express App

    Live Cricket Scores & Results
    Express Adda