Artificial intelligence (AI), machine learning (ML) and drone are some of the emerging technologies. Bengal is ambitious push these to attract global investment. It is a strategic step and supposed to be in the right direction. The Information Technology Minister of the state, Babul Supriyo, outlined a plan to become a future hub for AI, ML and drones.

Timing of the initiatives is viewed as perfect as the IT sector in Bengal has gained fresh attention with the announcement of GlobalFoundry’s capability center in Kolkata. However, it is yet to witness whether Bengal can compete with established tech hubs like Bengaluru, Hyderabad and Pune.

The state government is offering a 50% exemption on property taxes for IT and IT-enabled services (ITeS) buildings. An additional 15% floor area ratio is also being facilitated as well as the extension of working hours to nine hours. These are attractive propositions for businesses looking to relocate or expand. The moves address some of the logistical and operational bottlenecks as well that often deter investment in crowded tech hubs. Moreover, the relatively lower cost of living and a skilled workforce in Bengal present a unique advantage compared to the larger cities.

The incentives are appealing and the success of such initiatives hinges on more than just tax breaks. The tech industry thrives on ecosystems that strengthen innovation, collaboration and continuous upskilling. The existing infrastructure and talent pool of Bengal need to align with the rapidly evolving needs of AI and drone technology to make this vision a reality. Bengal must also prioritize long-term investments in education, R&D and robust public-private partnerships.

The real impact, however, will be seen only if these startups are nurtured with the right expertise, funding, and opportunities for market exposure.