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India: WB, a Happening State for IT Investment
Source: egovonline.net
Source Date: Monday, November 15, 2010
Focus: Institution and HR Management
Country: India
Created: Nov 23, 2010

The state government of West Bengal has said that state may get huge investments especially in the Information Technology (IT) sector and nearly 25,000 jobs are expected to be created in the sector this year. Speaking in New Delhi, the Bengal's IT Minister Debesh Das said IT companies were investing in Bengal. They (IT firms) are expected to hire 25,000 people this year. A lot of new companies are being set up in the state and the existing ones are on expansion mode," Das said. IT sector, which is one of the fastest growing sector in West Bengal after food processing, employs over 1.5 lakh people in the state. The state reported 15,000 employment in the IT and ITeS sector in 2009. Das added that though issues related to land acquisitions had slowed the speed of growth in the sector, it had failed to stall the growth of IT in the state. Bursting the myth that after Tata's pulling out of Singur, the state will not see further investments in the West Bengal, Das said the Tata's themselves have invested considerably after the Singur issue here.
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