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Company News
Thiruvananthapuram, May 19
Infosys Technologies Ltd. today announced its plans to begin the construction of its first campus in Thiruvananthapuram, Kerala. The Honorable Chief Minister of Kerala, Shri V. S. Achuthanandan, today performed the groundbreaking ceremony for this development centre. Mr. K. Dinesh, Co-founder and Member of the Board, Infosys Technologies Ltd. was also present on the occasion. Infosys has already been operating out of a leased facility in Thiruvananthapuram since 2004. With the completion of the new facility, Infosys will have two full-fledged operations in the city.
Commenting on the occasion, Shri. V. S. Achuthanandan said, “Kerala is emerging as a key IT destination in south India. Infosys ramping up its presence in our state is a reaffirmation of this fact. The magnitude of Infosys’ investment in its development centre demonstrates its long-term commitment towards Kerala and speaks volumes about the world-class facilities on offer here for its employees.”
Speaking on the occasion, Mr. K. Dinesh said, “We are very happy to announce expansion plans in the state. I take this opportunity to thank the government of Kerala for the support extended to Infosys. We have plans to invest Rs. 306 crore and set up a state-of-the-art campus, which would include facilities for work and recreation for our employees. We expect to create 8000 seats at this center over the next few years.”
Over the next year, in the first unit, Infosys plans to create a capacity to seat 1,500 employees. The existing facility at the Technopark campus in Thiruvananthapuram has a capacity of 1,100 seats and has seen an investment of Rs. 30 crore, as of March 31, 2007. This development centre has a world-class work environment designed to enhance productivity and efficiency. Infosys has also leased 40,000 sq. ft. of space in the Thejaswini Block at Technopark for expansion.
For further information, please contact:
Asia Pacific
Kaavya Kasturirangan
Infosys Technologies, India
Phone: 080 2852 2408
Kaavya Kasturirangan
Shivalika Chadha
The PRactice
Tel: 91 80 25203757/58
shivalika@the-practice.net |
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