India's second largest IT services company Infosys on Friday announced that it has started construction of its US education centre in Indianapolis, entailing an initial investment of $35 million.
In a statement, Infosys said that the training campus and residential centre for its staff, as well as employees of select clients aim to prepare the American workforce for the technology jobs of the future.
"The company is providing an initial investment of $35 million to create the first 125,000 square feet of development, transforming the 70.5-acre site into an innovative training centre," the company said.
The first phase of the project is expected to be complete by 2020 end.
In March 2018, Infosys opened its first US Technology and Innovation Hub in Indianapolis and a month later the company expanded its hiring plans for Indiana from 2,000 to 3,000 new jobs by the end of 2023.
Last year, Infosys announced plans to hire 10,000 Americans by 2019. Indian IT firms have been ramping up local hiring in offshore markets to tackle visa-related challenges.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)