West Bengal's IT Exports Surge to ₹35,000 Crores, Bengal Silicon Valley Project Progresses with 42 Companies Onboard

West Bengal's IT sector exports have increased from ₹4,500 crores in 2011 to ₹35,000 crores in 2025, according to State IT Minister Babul Supriyo. The Bengal Silicon Valley project has 42 companies onboard, with 19 operational and three fully operational. Other IT parks in the State have reached 100% occupancy, and Tata Consultancy Services is considering further expansion in Bengal. The State is also focusing on developing its semiconductor sector with the establishment of GlobalFoundries' R&D operations in Kolkata.

West Bengal's IT sector has witnessed significant growth, with exports surging from ₹4,500 crores in 2011 to ₹35,000 crores in 2025, as per State IT Minister Babul Supriyo [1]. This remarkable expansion is attributed to strategic initiatives such as the Bengal Silicon Valley project, which aims to establish the state as a major IT hub.

The Bengal Silicon Valley project, with 42 companies onboard, including 19 operational and three fully operational, is a key driver of this growth [2]. The project promises to create 25,000 jobs and inject substantial investment into the state's economy, boosting employment and economic growth. Other IT parks in the state have also reached 100% occupancy, further underscoring the sector's dynamism.

Tata Consultancy Services (TCS), India's largest IT services company, is considering further expansion in Bengal, indicating the state's attractiveness to major players in the sector [2]. The company's recent first-quarter results, however, highlighted ongoing challenges in the demand environment, with revenue declining by 3.4% in constant currency terms [3]. Despite this, TCS's EBIT margin improved, and profits grew by 6% YoY, indicating resilience in the face of challenges.

In addition to its IT sector, West Bengal is also focusing on developing its semiconductor sector. The establishment of GlobalFoundries' R&D operations in Kolkata is a significant step towards this goal [2]. The state's strategic location, skilled workforce, and government support make it an attractive destination for leading IT firms.

Looking ahead, challenges remain. Ensuring adequate infrastructure, enhancing digital literacy, and skill development are crucial to maximize the benefits of the Bengal Silicon Valley project. However, the project's potential to create high-skilled employment opportunities and stimulate economic growth is significant.

In conclusion, West Bengal's IT sector is poised for continued growth, driven by strategic initiatives and the state's attractiveness to major IT players. The Bengal Silicon Valley project, along with other developments, promises to boost the state's economy and create a brighter future for its citizens.

References:
[1] https://economictimes.indiatimes.com/news/politics-and-nation/pm-modi-to-launch-rs-5000-crore-development-projects-in-west-bengal-ahead-of-2026-polls/articleshow/122653882.cms
[2] https://www.archivemarketresearch.com/news/article/tcss-massive-bengal-silicon-valley-campus-25000-jobs-for-west-bengal-58993
[3] https://www.investing.com/news/earnings/tata-consultancy-services-stock-falls-after-revenue-miss-weak-demand-93CH-4131497