India's second largest IT services major Infosys will set up a technology and innovation hub in Texas and hire 500 American workers in the state by 2020.
The hub will be located in Richardson, Texas and have a special focus on telecommunications, retail and banking sectors, it said in a statement.
Last year, Infosys had announced setting up of four such hubs and hiring about 10,000 locals in the US by 2019. Infosys has hired over 6,200 American workers since May 2017.
"Infosys' investment in Texas reinforces the company's commitment to driving digital transformation for American enterprises by leveraging local talent alongside the best global talent," the statement said.
These new Texas employees will include recent graduates from the state's network of colleges, universities and community colleges who will benefit from upskilling through Infosys' world-class training curriculum, it added.
"We are excited to announce the expansion of our presence in Texas, which is another important step in our continued investment in driving digital transformation for American businesses," Infosys Chief Operating Officer Pravin Rao said.
He added that digitalisation is rapidly changing every industry, and the hubs will allow the company to "co-locate, co-innovate and co-create" alongside its clients.
Ravi Kumar, President at Infosys, said the investment in Texas will further improve the Bengaluru-based company's ability to serve clients by broadening the STEM talent pipeline in the state and provide training for the specialist skills that its clients need.
To date, Infosys has opened two Technology and Innovatio Hubs, one in Indianapolis, Indiana and another in Raleigh, North Carolina.
Infosys has also announced to set up more such hubs in Hartford, Connecticut and Phoenix, Arizona, as well as a unique Design and Innovation Hub in Providence, Rhode Island.
Also, Infosys Foundation USA provides multiple grants for classroom technology and computer science training to teachers and schools.
To date, more than 4.7 million students; 13,000 teachers and 21,000 schools across America, including over 11,164 students, 256 teachers and 252 schools in Texas, have benefited from computer science training and classroom equipment funded by Infosys Foundation USA.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
