Salt Lake Sector-V Explained

Salt Lake Sector V, Kolkata
Settlement Type:CBD
Subdivision Type:Country
Subdivision Name: India
Subdivision Type1:State
Subdivision Type2:District
Subdivision Type3:City
Subdivision Name1: West Bengal
Subdivision Name2:Kolkata
Subdivision Name3:Kolkata
Subdivision Type4:Region
Subdivision Name4:Kolkata metropolitan area
Coordinates:22.5769°N 88.4339°W
Unit Pref:Metric
Area Total Acre:430
Population Density Km2:auto
Demographics Type1:Languages
Demographics1 Title1:Official
Demographics1 Info1:Bengali
English
Timezone1:IST
Utc Offset1:+5:30
Area Code:033
Blank2 Name Sec1:Local body
Blank2 Info Sec1:Bidhannagar Municipal Corporation
Blank3 Name Sec1:Civic agency
Blank3 Info Sec1:Nabadiganta Industrial Township Authority (NDITA)
Blank1 Name Sec1:Rapid transit
Blank1 Info Sec1:Kolkata Metro Green line (line 2)
Kolkata Metro Orange line (line 6)
Metro station:
Salt Lake Sector-V
Blank3 Name Sec2:Police
Blank3 Info Sec2:Bidhannagar City Police
Blank5 Name Sec1:Vidhan Sabha constituency
Blank5 Info Sec1:Bidhannagar
Website:https://ndita.org/
Official Name:Nabadiganta Industrial Township

Salt Lake Sector-V is the commercial sector of Bidhannagar city and a business district under Kolkata metropolitan area in the Indian state of West Bengal. Spread over an area of 430 Acres,[1] [2] Salt Lake Sector V is known as the IT Hub of Kolkata as well as East India.[3]

History and NDITA Formation

Sector V was planned as a commercial sector of Bidhannagar city. Prior to 1995, Sector V was maintained by Bidhannagar Municipality. But since Sector-V was seeing electronics and IT industry growing fast in the area (due to Salt Lake Electronics Complex), the Government of West Bengal considered to construct an Industrial Township under Section 385A of the West Bengal Municipal Act, 1993. Followed by an announcement on 31 January 2006, a new Township Authority called "Nabadiganta Industrial Township Authority" was made.[2]

Salt Lake Electronics Complex

See main article: article and Salt Lake Electronics Complex. Salt Lake electronics complex (abbr. SALTLEC) was formed by Webel in 1989 to promote electronic industry. 87.55 Acres of land in Sector V was earmarked for the complex.[4] The complex was originally designed as an Electronics Industry Complex, which would house large, medium and small electronics firms. But afterwards due to close proximity to Kolkata Airport, the then Government of West Bengal decided to promote the complex as an IT-BPO hub.[5] It became the first software technology park in Kolkata metropolitan. In 1999, Salt Lake Electronic Complex housed 160 companies spread over an area of 135 acres.[6] In 2006, SALTLEC housed more than 170 IT/ITeS, biotech and pharma companies.[7] As of 2019, the complex is spread on a land of 150 Acres which have 63 electronic units and more than 200 IT/ITeS firms along with many MSME companies.[8] [9]

PBD of Kolkata

Sector V is the peripheral business district of Kolkata and one of the major commercial sectors of entire Kolkata metropolitan area. As of 2023, there is 12.3 million sq. feet of grade A office space with 2.3 million sq. feet of grade A office space under development. Altogether Sector V have 14.6 million sq. feet of grade A office space which is highest in Kolkata Metropolitan Area.[10] [11] Most of the commercial spaces are eloped by IT/BPO companies.

IT and business parks

See main article: article and List of tech parks in Kolkata. Embracing a cluster of IT parks and corporate entities, Salt Lake Sector V has earned the moniker "Silicon Valley of the East." It hosts a spectrum of multinational corporations, startups, and established Indian enterprises, constituting a dynamic ecosystem for technological endeavors. Renowned for its commitment to innovation and collaboration, the area plays a significant role in shaping India's IT landscape. Bolstered by a skilled workforce and advanced infrastructure, Sector 5 serves as a testament to Kolkata's emergence as a noteworthy contributor to the nation's IT evolution. Some significant IT parks are as follows-

1. Infinity Benchmark

2. Technopolis

3. DLF IT Park

4. Godrej Waterside

5. RDB Boulevard

6. Unitech Infospace

7. Ecospace Business Park

8. PS Srijan Corporate Park

9. GP Block

10. Ideal Aspire

Transport

The modes of transportation like other parts of Kolkata includes air conditioned/non-ac government/private buses, taxi and other popular options like auto rickshaw and e-rickshaws. The Howrah Maidan - Salt Lake Sector V - Teghoria (Haldiram) Line (Line 2) of the Kolkata Metro is in operation since 14 February 2020 between Salt Lake Sector V and Salt Lake Stadium. The New GariaDum Dum Airport Line (Line 6) of the Kolkata Metro, which passes through the Salt Lake Bypass, is under-construction[12] [13]

See also

Notes and References

  1. News: Position paper of Sec V land being prepared. The Times of India . June 25, 2011.
  2. Web site: Welcome To Nabadiganta Industrial Township Authority. ndita.org.
  3. Web site: Sector V set to get its tallest commercial hub with 28 floors. Team. MP. April 15, 2022. www.millenniumpost.in.
  4. Web site: West Bengal Electronic Industry Development Corporation Ltd v. Shanta Projects P Ltd & Ors, Calcutta High Court, Judgment, Law, casemine.com.
  5. News: Salt Lake makes futuristic wave, boasts of mini Silicon Valley at Sector V. Tasmayee Laha. Roy. The Economic Times . June 6, 2012.
  6. Web site: WEBEL TO RECAST LOSS-MAKING UNITS. www.telegraphindia.com.
  7. News: Buddha's dream: IT hub in Salt Lake. Kalyan. Parbat. The Economic Times . August 13, 2006.
  8. Web site: District Industrial Profile. sisikolkata.gov.in.
  9. Web site: Brief Industrial Profile of NORTH 24 -PARGANAS DISTRICT WEST BENGAL. dcmsme.gov.in.
  10. Web site: KOLKATA. cw-gbl-gws-prod.azureedge.net.
  11. Web site: Kolkata MarketBeat India Cushman & Wakefield. cushmanwakefield.com.
  12. News: Rail set to take over East-West. https://archive.today/20121208202952/http://www.telegraphindia.com/1110208/jsp/calcutta/story_13549408.jsp. dead. 8 December 2012. 26 September 2011. The Telegraph. 8 February 2011.
  13. News: Hidco clears route for Garia-airport Metro. https://web.archive.org/web/20120928221024/http://articles.timesofindia.indiatimes.com/2011-09-25/kolkata/30200059_1_hidco-official-east-west-metro-metro-route. dead. 28 September 2012. 26 September 2011. The Times of India. 25 September 2011.