Fri Jul 18 05:53:22 UTC 2025: Here’s a summary of the provided text, followed by a rewrite as a news article:

**Summary:**

West Bengal’s IT sector is experiencing significant growth, with exports increasing substantially since 2011. The Bengal Silicon Valley project is fully allocated, with several companies already operating. The government is actively developing the semiconductor sector, including attracting GlobalFoundries’ R&D operations, and creating new policies. They are focused on making the state a competitive IT hub and stemming migration by highlighting the lower cost of living and attractive IT opportunities.

**News Article:**

**West Bengal’s IT Sector Soars, Exports Jump Nearly Eightfold Since 2011**

**KOLKATA, July 18, 2025** – West Bengal’s Information Technology (IT) sector is booming, with exports leaping from ₹4,500 crores in 2011 to almost ₹35,000 crores in 2025. This impressive growth was highlighted by State IT Minister Babul Supriyo at the ICC VisionTech – LEAD 2025 summit, organized by the Indian Chamber of Commerce (ICC) on July 12.

A key driver of this growth is the Bengal Silicon Valley project in New Town, a 250-acre hub that is now fully allocated. According to Supriyo, 42 companies are on board, with 19 already underway and three fully operational.

“All land parcels in the 250-acre Bengal Silicon Valley have been allotted, with 42 companies onboard,” he stated.

The Minister also emphasized the state’s efforts in developing other IT parks in locations like Kalyani, Durgapur, and Siliguri, noting full occupancy in Webel-owned properties in Sector V and Siliguri. He further added Tata Consultancy Services’ existing presence in Kolkata with approximately 50,000 employees. The Chief Minister is in discussion for future expansion.

Adding to the momentum, GlobalFoundries has established R&D operations in Kolkata, signaling a significant step for the state’s semiconductor sector. The government is finalizing semiconductor and GCC policies to ensure a competitive and future-ready ecosystem.

Supriyo addressed concerns about migration from West Bengal, promoting the state’s lower cost of living and the Chief Minister’s vision of making Kolkata a leading IT hub in India. The government hopes that these initiatives will attract and retain talent, further fueling the state’s IT sector growth.

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