Jio News - Reliance Jio to invest over Rs 1000 crore in cable landing station in West Bengal

By B2B Desk | Aug 27, 2020

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Kolkata: Jio News - West Bengal Chief Minister Mamata Banerjee said that Reliance Jio Infocomm will invest over Rs 1,000 crore in the establishing a cable landing station in the picturesque port town of Digha, which will give a boost to state's sub-sea broadband connectivity links with European and Asian markets and are also helping to attract investment in technology into the state, thus creating jobs.

"Reliance Jio has approved to set up a cable landing station in Digha, and will invest over Rs 1,000 crore," Banerjee said shortly after Wednesday's cabinet meeting. Jio she said had put in a bid to build the landing station and the state government had assigned the land to them.

The final decision to involve Jio in the project was made at a cabinet meeting. The state government is also establishing a deep water port near the proposed site for the Digha landing station as per the latest Jio News.

Subsea cables provide important global communication links between nations, and these cable systems generally terminate in one country through landing stations.

Industry experts expect a rapid transformation of the West Bengal’s IT and ITeS sectors once the Jio cable landing station is operational. A stronger broadband connection is also envisioned to boost national tourism and job creation prospects in the state, give a boost to the local economy, and ultimately raise living standards.

Also Read: Over 2,000 online sellers file antitrust case against Amazon in India

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