Bengal Silicon Valley Tech Hub is an under construction technology hub in the Indian state of West Bengal, consisting of various tech parks, buildings, projects and premises which work on the sectors like IT/ITeS, Data Centre, Ecommerce, IoT, KPO, AI, R&D and Telecom.[3] The hub is projected to be completed in 2025, generating 1,00,000 direct jobs. As of 2022, the total investment in the hub is ₹1 trillion.[4][5]
Formation
Bengali Silicon Valley Hub was formed in 2018 to boost technology service industry in the state and was inaugurated on 13 August 2018 by Chief Minister of West Bengal Mamata Banerjee.[6] Initially 100 acres of land was embarked for the hub.[7] Afterwards another 100 acres of land was added after the announcement of finance minister Amit Mitra. 107 acres were allotted in Phrase I and II with TCS having 20 acres, Reliance Jio having 40 acres, Cognizant having 25 acres, ISI having 4 acres, Tech Mahindra having 4 acres and Capgemini having 7 acres. The phrase III allotted 56.7 acres of land.[8] Additional 50 acres of land was added to the hub in May 2022.[9]
Sectors
Land area usage (As of 2022)[3]
Data Centre (118.11 acres) (47.24%)
CoE (5.36 acres) (2%)
Digital consulting (0.05 acres) (0.2%)
Ecommerce (6.00 acres) (2.4%)
IoT (1.12 acres) (0.48%)
AI (1.25 acres) (0.50%)
IT/ITeS (77.89 acres) (28.35%)
KPO (5.38 acres) (2.15%)
R&D (8.16 acres) (3.26%)
Telecom (0.50 acres) (0.2%)
Other (13.22%)
As of 2022, the total area allotted stands at 224 acres with 50 companies taking 59 plots[10]
Data Centres
BSVH has numerous data centre projects built and under construction. In 2018, Reliance Jio took 40 acres of land to set up Rs 1,000crore data centre facility.[11] It will have two international data centres in collaboration with Microsoft and a technology centre.[12] The facility is planned to have a 525,000 square feet of builtup area. The company invested Rs 100 crore in the first phase.[13] In 2020, the construction was started.[12]
Adani Enterprises is also constructing a hyperscale data centre on 51.75 acres of land, which is the single largest land in the hub for a data centre.[14]
NTT Global data centres, which is a pioneer company in the field of data centre is also constructing a data hub on 7.5 acres of land in BSVH. The project was launched in 2022 with a projected investment of ₹2000 Crores. The facility will consist 6 lakh sq. ft. of area, 40 MW capacity and will be built in three phrases (buildings) completing 1, 2.5 and 2.5 lakhs sq. ft. of space respectively.[15][16]
Other companies are setting up data centres like STT global data centres in 5.6 acres, CtrlS global data centes in 5.6 acres, Techno Electric & Eng in 4 acres and Airtel Nxtra in 2.85 acres.[15][17][18]
IT Space
Major IT companies have started their constructions in the hub, likely TCS[19][20] in 20 acres, LTIMindtree[21] in 18.92 acres, Webel[22] in 5 acres, Firstsource Solutions in 4 acres. There are more than 40 medium and small IT companies.
Others
Other sectos include Ecommerce, IoT, KPO, AI, R&D and Telecom. Indian Statistical Institute has a Centre of Excellence on a 4acre plot. Society for Applied Microwave Electronics Engineering and Research, an R&D institution under Ministry of Electronics and Information has a 3.05 acre R&D unit in the hub.[23]
Connectivity and transport
Bengal Silicon Valley Tech Hub is located on the lines of Biswa Bangla Sarani. Kolkata Metro's Orange Line serves as the rapid transit of the area.
See also
List of tech parks in Kolkata
FinTech Hub, Kolkata
References
"More land for Bengal Silicon Valley". May 11, 2022 – via The Economic Times The Times of India.
"Bengal Silicon Valley Tech Hub::HIDCO". bengalsiliconvalley.in.
https://bengalsiliconvalley.in/assets...
"Bengal Silicon Valley expected to be operational by 2025 end". Financial Express.
Gupta, Surbhi. "Silicon Valley, New Town: Gamechanger for Kolkata real estate". www.proptiger.com.
Service, Statesman News (August 13, 2018). "Mamata launches Bengal Silicon Valley Hub".
"Project Silicon Valley inaugurated in Kolkata today". Get Bengal.
Chakraborty, Suman. "Hidco to allot 56 acres for third phrase of Silicon Valley". Times of India.
"More land for Bengal Silicon Valley". The Economic Times The Times of India. May 11, 2022.
https://m.timesofindia.com/city/kolka...
"Jio: Reliance Jio to set up Rs 1,000crore data centre in Kolkata The Economic Times". m.economictimes.com.