Business Standard
Tuesday, May 29, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||||||Technology| 
 Section Home | News Now | Features & Analysis | IT/ITES | Telecom | Hardware | Columnists | Gadgets & Gizmos
Home > Tech World Live Markets | Commodities
 

Infosys to resume work on 2nd campus in April 2010
BS Reporter / Kolkata/ Bhubaneswar Dec 31, 2009, 00:35 IST

IT major Infosys Technologies would start construction work on its second campus in the city in April 2010.

The second campus of Infosys, the biggest software services exporter from the state, would come up on a 100-acre plot in the Infocity-II area of the city.

The Infocity-II region is being developed by the Orissa government on over 600 acres of land at Janla between Bhubaneswar and Khurda. Infosys is set to be the anchor tenant of the region. Infosys has committed an investment of Rs 300 crore in the first phase of the project which is scheduled to be operational within 14 months of commencement of construction work.

Infosys has a headcount of around 3,500 at its existing city centre spread over 45 acres and would add 3,000 more people in the first phase of its expansion project. The second campus would have a pool of 5,000 employees in all.

“Infosys has sought 100 acres of land for their second campus in the city. In the first phase, we will allot 50 acres of land to the IT firm in the Infociy-II area”, Pradipta K Mohapatra, the state IT secretary told Business Standard. He hinted that the total investment of Infosys for its second campus may exceed Rs 500 crore. Last evening, T V Mohandas Pai, Infosys human resources director and member of the company's board, met the state chief minister Naveen Patnaik. Pai is understood to have conveyed the detailed investment plan of Infosys to the chief minister.

The state government has assured to provide water and uninterrupted power supply to Infosys for its second campus in the city. In 2008-09, Orissa recorded software exports worth Rs 1168 crore and Infosys had the lion's share, accounting for more than 70 per cent of exports.

As per the estimates of the state IT department, the Infocity-II project would be fully operational by the end of 2012. The state government has already sanctioned Rs 150 crore for developing external infrastructure for the project like approach road, electricity and water.

The Infocity-II project would attract many IT firms and it would have a total manpower pool of 1,20,000, Mohaptra said.

The project is set to attract investments worth Rs 4,000 crore from IT ad ITes (IT enabled services) companies.

It would generate direct and indirect employment for about four lakh people in the information technology (IT) and ITes sectors. Presently, more than 18,000 professionals were engaged in the IT sector in the state while the ITes sector had a workforce of over 15,000.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end on a strong note
- Nabard FY14 operating surplus soars 28% to Rs 1,635 cr
- RBI eases banks' term deposit restrictions
- NMDC Q4 net down 21.74% to Rs 1,642.28 cr
- Balrampur Chini Q4 profit up by 15%
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- No diesel price hike for now, says Reddy
- Re fall has minor impact on India?s rating, says Moody?s
- IPL victory puts KKR in the black
- Air India board refers Boeing compensation issue to govt
- Job with us? Open your life history
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us