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regular-article-logo Tuesday, 05 November 2024

L&T bets big on IT in Bengal

Group plans to have around 15,000-20,000 people under its fold over the next 4-5 years

A Staff Reporter Calcutta Published 08.09.22, 01:41 AM
Debashis Chatterjee, MD and CEO, Mindtree

Debashis Chatterjee, MD and CEO, Mindtree File picture

The Larsen and Toubro group has plans to expand its IT services in Bengal. The group could have around 15,000-20,000 people under its fold over the next 4-5 years.

Following up on the announcement of opening up of new centres by both group companies — Mindtree and Larsen and Toubro Infotech (LTI) — earlier this year, plans are now underway to have its own infrastructure in New Town, Calcutta.

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“We have taken up 19 acres of space. The construction will be done by L&T,” said Mindtree MD and CEO Debashis Chatterjee at a CII organised event on Wednesday evening.

Chatterjee had been instrumental in pitching the idea of expanding in Bengal.

The group had earlier indicated that a combination of industry-academia ecosystem coupled with improved infrastructure and also employee preference had guided the expansion in Bengal.

The Larsen and Toubro board had announced in May a composite scheme of amalgamation of its two listed IT services companies to create a combined entity with a revenue of more than $3.5 billion.

Oracle plans

Bengal is also on the radar of multinational technology firm Oracle for a data centre project that could facilitate small and medium businesses.

“We are working very closely with the government towards creating a dedicated data centre for Bengal,” said Shailendra Kumar, senior vice-president, regional managing director – India, and of NetSuite JAPAC.

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