kolkata

IIE DIGITAL DESK : Kolkata, June 25, 2025 – West Bengal Chief Minister Mamata Banerjee announced that the New Town Kolkata Development Authority (NKDA) has given the green light to Phase I of Tata Consultancy Services’ new office campus at the Bengal Silicon Valley tech hub. The approval covers a sprawling 20 acres, marking a major milestone in the state's ambition to establish itself as a premier destination for technology and innovation .

Phase I of the project envisions an 11‑storey office tower encompassing around 9 lakh sq ft of state‑of‑the‑art workspace, expected to create roughly 5,000 new jobs (telegraphindia.com). Following completion of Phase II—which will add approximately 15 lakh sq ft of built-up area—the entire campus is projected to total 24 lakh sq ft and support a staggering 25,000 direct employment opportunities.

In a post on X, Mamata Banerjee emphasized the project as evidence of “Bengal emerging as a hub of innovation, investment and inclusive growth,” taking a clear shot at critics. “To those who relentlessly malign Bengal… let this be a reminder of our capacity to deliver,” she asserted.

This announcement follows the recent inauguration of Infosys’s campus in New Town. Spread over an initial 17.5 of its allotted 50 acres, the Infosys facility—built with around ₹426 crore investment—can support over 4,000 employees working across next‑generation tech domains .

Launched in 2018 and spanning approximately 250 acres, Bengal Silicon Valley is a rapidly developing IT corridor that houses major industry players like TCS, Jio, Cognizant, and Capgemini .The hub aims to generate around 100,000 direct jobs upon full build-out, with investments estimated near ₹1 trillion .

TCS is a long-standing stakeholder in this vision, with 20 acres allocated for its new campus under the hub’s master plan .The firm currently employs over 55,000 people in West Bengal, with its Gitanjali Park facility alone housing around 25,000 employees .

The timing of this campus approval aligns neatly with TCS’s national growth trajectory. The IT giant reported consolidated revenue of $30.18 billion in FY25—up 4.2% in constant currency—and a net profit of ₹48,797 crore, reflecting nearly 6% growth . The company added 6,433 employees nationwide during the period, pushing attrition rates to a steady 13.3% 

Industry observers suggest that TCS’s decision to expand in Bengal not only validates the state’s talent potential but could also inspire similar investments by other tech firms .

Supporting projects like this TCS campus, the Bengal government has earmarked hefty investments—approximately ₹27,000 crore—into the New Town tech ecosystem  . Apart from Infosys, Bengal Silicon Valley has attracted infrastructure for data centres, IoT labs, AI research hubs, and R&D facilities powered by several industry giants embracing a hybrid work culture.

Phase I’s commencement heralds a new chapter in regional development. The NKDA’s sanction sets in motion a construction drive likely to reshape Kolkata’s IT infrastructure over the next few years. Upon full completion, the TCS campus alone will be a major employment center, underscoring the state government's vision of West Bengal as a transformative knowledge economy.

This major project underscores a pivotal shift in West Bengal’s industrial narrative—bridging talent, investment, and state-led support to redefine Kolkata as India’s rising tech capital.