Wipro Ltd.

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Large Cap | IT - Software
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Wipro mulls expansion in West Bengal

Date: 08-12-2011

Wipro, India's third largest IT bellwether expressed interest to invest around Rs 700-800 crore to expand its operations in West Bengal. Wipro's Chairman Azim Premji met state’s Chief Minister Mamata Banerjee for discussing the same.

The company is likely to create 15,000 jobs in the new project, which is double the number of those at the company's Salt Lake campus. It also evinced interest in collaborating with the state government for creating paperless offices through the PPP (public private partnership) route.

The entity is likely to acquire 50 acres of land at Rajarhat. Wipro has already deposited 25% of Rs 75 crore for the land and would get the possession of the land, on deposition of full amount.