Nasdaq-listed information technology company Syntel is planning to invest around $50 million (around Rs 220 crore) in its recently inaugurated global development centre here. The company said it would invest a similar amount at its Pune facility.
Syntel’s chief executive officer and president, Prashant Ranade, said the new centre, located in Sipcot’s IT special economic zone at Siruseri, would be spread over 29 acres. The centre, upon completion in the next two years, will provide jobs for over 10,000 professionals. The first phase will be around 650,000 sft and can house over 5,000 employees. It will have three software development blocks and a 900-seat training block.
The centre will cater to clients across healthcare and BFSI (banking, financial services and insurance) sectors.
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