New Town is a developing employment zone in Kolkata along with Salt Lake Sector V. Both New Town and Sector V, are known for having several business centres and IT parks such as DLF IT Park 1 & 2, Unitech Infospace, Candor Techspace, TCS – Gitanjali Park and Ecospace Business Park. These office hubs boast presence of several key multinational companies (MNCs) including IBM, Capegemini, Cognizant, TCS, Genpact, HCL, Accenture, Tech Mahindra and Ericsson, among others.