West Bengal’s Silicon Valley Project Attracts ₹30,000 Crore Investment, Set to Create 7,500 Jobs

West Bengal’s IT sector is on the cusp of a major expansion, with investments worth nearly ₹30,000 crore expected in the state’s flagship Silicon Valley project, according to IT Secretary Shubhanjan Das. The project is being positioned as a key driver of growth in artificial intelligence, data centres, and global capability centres (GCCs).

Speaking at an ASSOCHAM–STPI event, Das said the 250-acre Silicon Valley project is progressing at a rapid pace and is likely to generate at least 7,500 direct jobs. He noted that 41 companies have already been allotted land, with construction activities advancing swiftly on the ground.

“The pace of development is very encouraging, and we are confident of attracting investments of around ₹30,000 crore. This project is central to West Bengal’s long-term digital and technology roadmap,” Das said.

The IT secretary highlighted that the state’s technology ecosystem is no longer limited to Kolkata, with emerging IT hubs in Siliguri and Durgapur as well. Currently, West Bengal hosts 32 government-run IT parks and more than 60 private IT parks, accommodating over 2,800 IT and IT-enabled services companies and providing employment to more than two lakh professionals.

On advanced digital infrastructure, Das said West Bengal now ranks sixth in India in data centre capacity, with 11 private data centres already operational. He also pointed to the state-owned Siliguri data centre, which houses high-end infrastructure including Nvidia H100 and L100 GPU chips, making it suitable for advanced AI workloads.

In a move aimed at encouraging innovation, the state government is finalising a proposal that would allow private companies to access this infrastructure for AI training and model development. Das invited industry players to collaborate closely with the government in this initiative.

Highlighting export performance, he said software exports from West Bengal have witnessed phenomenal growth, rising from about ₹8,000 crore 15 years ago to over ₹40,000 crore today. He added that the IT department would function as a single-window facilitator to address inter-departmental issues and accelerate project implementation.

Das also stressed the importance of diversity and inclusivity in the IT ecosystem, appreciating companies that actively employ women and differently abled individuals, calling it a positive force for the state’s industrial culture.

At the same event, Sushil Mohta, Chairman of World Trade Center (WTC), Salt Lake, said West Bengal is steadily emerging as a preferred destination for Global Capability Centres, supported by strong academic institutions, a deep talent pool, and improving infrastructure. He emphasised the need for better global branding, particularly in European markets, and highlighted the role of secure, smart, and sustainable ecosystems in long-term growth.

During the event, STPI Kolkata honoured top software exporting companies from the state across various categories. Tata Consultancy Services (TCS) received the IT Ratna Award for being the largest software exporter from West Bengal. TCS currently employs around 54,000–55,000 people in the state.