Infosys' Pune campus to be its largest facility

India's second largest IT services provider, Infosys' Pune campus will become its largest facility by June 2008 with 24,000 employees.

It currently employs 14,000 people, said T V Mohandas Pai, Director, Human Resources, adding that Bangalore will be a close next with 23,000 employees.

The company hired 31,000 professionals this year as compared to 30,000 last year. Nearly 24 per cent of the employees leave their jobs for higher education, while 45 per cent go to other companies, Pai revealed. Infosys currently recruits around 500 to 700 professionals from West Bengal every year.

The company is also on the verge of completing its training facility in Mysore, which will be equipped to train 13,500 people in single seating. The campus, which cost Rs 1,500 crore, will be ready by March next year.

Pai also said that Infosys is ready for inorganic growth and is open to acquiring strategic IT services companies that specialise in the oil & gas and pharmaceuticals verticals.

Germany is an important market, among other overseas ones where the company is keen to grow inorganically.

The company is looking at smaller acquisitions that can be funded through internal accruals, he added. Investments worth Rs 1,600 crore are lined up for capex plans across the globe.

Of this, Pai pointed out that around Rs 800 crore has already been invested in several ventures.