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West Bengal Sanctions 20 Acres to TCS for New Campus, Eyes 25,000 Job Creation

Written by: Team Angel OneUpdated on: 25 Jun 2025, 6:53 pm IST
TCS to build a 24 lakh sq. ft. office at Bengal Silicon Valley on a 20-acre plot, creating 25,000 direct jobs, says CM Mamata Banerjee.
West Bengal Sanctions 20 Acres to TCS for New Campus, Eyes 25,000 Job Creation
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Tata Consultancy Services (TCS) has received approval from the West Bengal government for a 20-acre land parcel in Kolkata’s Bengal Silicon Valley. The project, which will be executed in two phases, is expected to generate 25,000 direct employment opportunities and significantly boost the state’s IT infrastructure.

20 Acres Land Allotment to TCS for Office Hub

The West Bengal government has granted 20 acres of prime land to TCS for establishing a cutting-edge office campus. The New Town Kolkata Development Authority (NKDA) has cleared the Phase I building plan. Located in the rapidly growing Bengal Silicon Valley project in Kolkata, the campus aims to strengthen the state’s image as a major tech hub.

Two-Phase Development Strategy: Eyes 25,000 Job Creation

The office campus will be constructed in 2 phases. Phase I will cover 9 lakh sq. ft. of space, featuring an 11-storey office tower and accommodating around 5,000 professionals. Phase II will add another 15 lakh sq. ft., increasing the total infrastructure to 24 lakh sq. ft. Upon completion, the full facility is projected to support 25,000 direct job opportunities.

Employment Boost and Economic Impact

This announcement marks a crucial milestone in West Bengal’s employment landscape. With over 25,000 anticipated positions, this development is poised to attract skilled talent and drive regional economic growth. The influx of jobs is not only expected to benefit technology professionals but also support ancillary industries in the region.

Read More: TCS and Infosys Face Pressure as Key Clients Cut Budgets!

Strategic Push for Bengal’s IT Ecosystem

Chief Minister Mamata Banerjee underlined the project as a testimony to Bengal’s growing appeal for global investments. The government has been actively promoting the Bengal Silicon Valley as a destination for innovation and inclusive economic progress. This move is seen as a direct assertion of Bengal’s business-friendly environment and readiness to host large-scale IT investments.

Read More: TCS Plans ₹4,500 Crore Expansion Across India with New Campuses and Office Spaces!

TCS Expansion Across India

Interestingly, this development comes shortly after TCS secured another land parcel measuring 21.16 acres in Visakhapatnam at a symbolic rate of ₹0.99. The tech giant continues to expand its national footprint, aligning with the increasing demand for digital transformation services both domestically and globally.

Tata Consultancy Services Share Price Performance

On June 25, 2025, Tata Consultancy Services share price opened at ₹3,407.30 on NSE, above the previous close of ₹3,390.40. During the day, it surged to ₹3,419.90 and dipped to ₹3,400.00. The stock is trading at ₹3,416.30 as of 11:39 AM. The stock registered a moderate gain of 0.76%.

Over the past week, it has declined by 0.22%, over the past month, it has declined by 1.46%, and over the past 3 months, it has declined by 5.77%.

Conclusion

The allotment of 20 acres to TCS for its new office campus in Kolkata signals a major infrastructural and employment push for West Bengal. With a total built-up area of 24 lakh sq. ft. and a promise of 25,000 jobs, the project exemplifies how strategic collaborations between government and industry can fuel regional development and employment generation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jun 25, 2025, 1:22 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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