Business | Updated Dec 01, 2007 at 01:52am IST

Post-Singur, IT cos wary of investing in WB

Kenan Machado, CNN-IBN

Kolkata: Civil unrest in Nandigram and Singur has put the West Bengal government on the back foot on promising land to companies that want to set up shop here. The attitude is getting to corporates, which can't wait indefinitely to roll out their plans.

A case in point — the West Bengal government had invited Infosys to start a development centre in Kolkata. Two years have gone by and Infosys' HR Director, TV Mohandas Pai says:

"We are still waiting for the government to get back to us."

Even Kolkata-based FMCG and cigarette maker, ITC finds it tough to get land in its home state to set up a food processing unit there. And ITC is dropping hints about alternative sites.

ITC Chairman, YC Deveshwar says, "The problem is, we could do it here. We could do it next door in Orissa. And Orissa is already giving us a lot of land options. But I have made a commitment to West Bengal's Chief Minister that we would set up the unit there. Now, we are waiting for land."

Tata Motors has grabbed headlines on land acquisition problems, and others may not find it easy either. Violence and unrest seem to have halted Bengal's corporate development plans at least for the time being.

(With inputs from Sulakshna Mukherjee in Kolkata and Ramya Ramamurthy in Mumbai)

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