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West Bengal Issues Occupancy Certificate for ITC’s ₹1,200 Crore New Town IT & ITES Campus

This approval clears the path for operations to start within days, underscoring West Bengal’s ambition to transform New Town into a leading IT innovation centre.

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Overview

  • NKDA granted the occupancy certificate for ITC Ltd’s campus in Action Area-III of New Town on July 1, unlocking 17 acres allotted by WBHIDCO for the project
  • The three-building complex comprises a high-rise office tower, a business support centre and a dedicated knowledge centre covering 14.5 lakh sq ft of built-up space
  • The ₹1,200 crore investment is projected to generate direct employment for more than 5,000 professionals as operations get underway
  • The ITC approval follows the June 24 clearance of TCS’s Phase I Bengal Silicon Valley plan, part of a united effort to develop over 3.85 million sq ft of IT infrastructure
  • State agencies NKDA and WBHIDCO are fast-tracking land allotment and regulatory clearances to attract national and international digital enterprises