Kolkata IT growth | A brand new IT dawn

Salt Lake in Kolkata was as soon as identified for its serene water our bodies girdled by engaging strolling trails and manicured gardens. At this time, pockets of that tranquility stay, however a lot of its skyline, particularly in Sector V and the close by New City, is dominated by towering glass-and-steel workplace complexes, tech parks and smooth company campuses that home international Data Know-how (IT) giants, BPOs and fintech start-ups. It’s now thought to be the digital pulse of Bengal’s capital metropolis and is driving the crest of a exceptional IT wave that has earned it the sobriquet Silicon Valley of the East. Whereas lots of the IT companies had arrange present within the earlier decade, the zone is experiencing a second growth. Previously seven years, it has expanded to 1,500-odd IT companies using over 260,000 folks. In consequence, in keeping with the Union authorities’s Software program Know-how Parks of India (STPI), Kolkata’s IT and IT-enabled Providers (ITeS) exports have greater than doubled from Rs 6,684 crore in FY18 to Rs 14,268 crore in FY25.