Infosys to invest Rs 1,200 cr on training facilities

Infosys Technologies is set to emerge as the biggest corporate investor in higher education in India with a Rs 1,200 crore spend planned by June 2007 on setting up training facilities at its Global Education Centre (GEC) and Infosys Leadership Institute (ILI) in Mysore.

Upon completion of the infrastructure and training facility, the GEC and ILI will be in a position to train 40,000 people every year. While the GEC aims to educate Infoscions on technological and managerial skills with the rationale of creating cohesive multicultural teams, the ILI helps the company respond to specific challenges of building the next generation of leaders within Infosys.

T V Mohandas Pai, director (human resources) of Infosys, said here today, upon completion of work, the GEC and ILI will have 6 million sq.ft of space for education. This will make us the largest investor in Indian history in education. Apart from the investment on the facility, we will spend $5,000 on each candidate for training.

The GEC runs a 16-week centralised residential foundation programme to impart generic and stream specific training in various technology areas along with soft skills to fresh engineering graduates, who have joined Infosys.