Brief by Shorts91 Newsdesk / 06:22pm on 30 Aug 2026,Sunday India
Economist Sanjeev Sanyal has blamed decades of economic decline and hostility to industry for Kolkata losing its once-prominent position in India’s technology sector. Speaking on a podcast, the PM-EAC member recalled that a strike was held in Kolkata when IBM brought large mainframe computers to the city. “One can say that the true founder of Bengaluru’s IT hub is actually Jyoti Basu,” Sanyal said, arguing that talent subsequently moved to Bengaluru. He said Kolkata was India’s biggest economic and industrial hub when he was born in 1970 and called for its revival to help drive growth across eastern India. (PC: Business Today)
