West Bengal Chief Minister Mamata Banerjee in August laid the foundation stone of a Silicon Valley hub proposed to come up over 100 acres of land at New Town, a satellite city of Kolkata.

Officials said Reliance Jio will set up a data centre spread over 40 acres in the area. “Not just the state and the country, the Silicon Valley hub will be a top IT destination in the whole world,” Ms Banerjee said on the occasion. She said that the state is industry and technology friendly and had one of the least attrition rates with low operational costs. “We are happy that the Reliance Group is setting up a new state-of-art data centre in Kolkata. New projects of Amazon, Fujisoft, new IT Parks at Purulia, Malda and Siliguri were also launched today (Monday),” the Chief Minister said.

Finance Minister Amit Mitra said that Bengal had collaborated with Amazon Internet Service and FujiSoft for high-end IT solutions. Information Technology major Infosys in August announced commencement of work on its new software development centre spread over 50 acres in New Town.