Kolkata, the “City of Joy” the capital city of West Bengal. It has also been referred to as the “Cultural Capital of India” and Intellectual Capital of India”. For East of India, it is the educational, cultural and economic centre. To the surprise for many, it is the third most productive metro area in India with its economy ranging anywhere between $60 to $150 billion in terms of Purchasing Power Parity Gross Domestic Product( PPP GDP ). Not only this it is also referred to as the financial and commercial hub of East India and North-East India. With the political unrest just after independence, the economy of the city declined rapidly until the liberalisation of the Indian economy in the 1990s which saw Kolkata and the state getting back on track through steady economic policies. With it came the technology boom, which very quickly became the high- growth sector of the city. To put it in a factual perspective, the IT sector in Kolkata grew at a rate of 70% which was twice the national average. And This IT industry’s amazing growth led to the growth of other sectors like the real estate, infrastructure, retail and hospitality also grew and flourished and companies like Emami, Eveready Industries India, Lux Industries, Berger Paints, Birla Corporation, ITC Limited, Britannia Industries, RPG Group have their headquarters in the city. Not only this, companies like PrincewaterCoopers( PWC ), Tata Steel, Tata Global Beverages and Philips India also have their offices in the city. This growth led to an amazing rise of real estate in the city and now even Kolkata has some amazing high-rise residential establishments and commercial establishments. Not only this, now even Kolkata is catching up with other cities in India for the start-up culture. And to promote it, the West Bengal government has it’s own start-up and acceleration programme with the name “ STARTUP BENGAL” they have established 23 accelerators in the city and this culture has given an unprecedented growth of coworking spaces in Kolkata and now the like of Smartworks, AWFIS, Apeejay Business Centre, Regus to name a few can be seen catering to these start-ups and even the corporates.
Some of the reasons to choose a coworking space in Kolkata are mentioned below:
LOCATION: Kolkata is the epicentre for the business and commercial activities in the state. It is well connected to other states and other cities of West Bengal through rail, road and air transport. With Kolkata being a rich in culture and historical city, having an office at a coworking space in Kolkata does adds to the reputation of the business. Clients can imagine that a particular company must be having a luxury office space with state-of-art facilities and it does leave a psychological impact on the client's mind to do network with the businesses or the individuals. Plus, the coworking spaces in Kolkata are strategically located where the employees and the clients have the access to nearby facilities like bars, pubs, restaurants, malls, ATMs which adds to the location being a preferred one.
PRESTIGIOUS BUSINESS ADDRESS: With the ever-growing, IT sector and the state promoted start-up culture, who doesn’t want to have an office at a coworking space in Kolkata. Being near to the ever-growing sector and being surrounded by multi-national corporates does adds to the prestige of the business. Some of the prominent IT Parks in Kolkata are:
DLF IT Park
Bengal Intelligent Park
Infinity Think Tank
These IT parks houses some of the top multi-national giants like TCS, Cognizant, IBM, Intel, Tech Mahindra, L&T, Vodafone to name a few. Imagining that a business or a start-up sharing the space with the like of these companies and inside these IT parks is a matter of prestige. Some of the popular and prestigious business addresses of Kolkata city are:
SAFETY: Every company wants to safeguard the business with the hassle-free productive work environment. Every company wants to have a safety net for the employees. Having an office at a coworking space in Kolkata allows businesses and entrepreneurs to work without any tension. These coworking spaces are within the premises of Grade A building which provide the top class in house security team, CCTV cameras and 24x7 surveillance.
Being a part of the rich heritage of Kolkata and the booming IT sector will allow the businesses and entrepreneurs to interact and network with like-minded people.
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