Infy to invest Rs 1900 cr to set up three new units

The Karnataka government on Friday cleared proposals of Infosys to set up three separate software campuses with a total investment of $290 million (around Rs 1918 crore) in Bengaluru.The three units, to come up in the city outskirts, would generate 27,000 jobs, a Karnataka government statement said.

The Bengaluru-based company is investing Rs 625 crore in its 10.04-acre campus at Konappana Agrahara-Dodda Tongur area, from which it has promised to create 8,500 jobs. In the same area (Konappana Agrahara), the IT major has planned a software technology park with an estimated cost of Rs 1079 crore. This project would provide direct employment to 15,000, people it added.

The third project is at Electronic City which also houses the company's headquarters.