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State coming up with policies on GCC, semiconductors: Babul Supriyo
The Statesman
|November 08, 2024
The State Government is coming up with policies on Global Capability Centre (GCC) and semiconductor in the coming months, which will position West Bengal as the next IT destination of India, said Babul Supriyo, minister of information technology & electronics at the 23rd edition of ICT East, organised by CII Eastern Region in Kolkata here today.
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The minister further stated that in the coming years, West Bengal is aspiring to be the next IT hub in India, by facilitating the environment for the technological companies through various steps viz., 15 per cent floor area ratio allowed to IT and ITES companies, 100 per cent electric duty waiver, 100 per cent waiver of stamp duty and registration cost and exemption of 50 per cent property tax.
The working hours from 8.5 hours to 9 hours for IT and ITES companies is helping the companies to increase their revenue.
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