Infosys To Set Up Its Largest Campus In Hyderabad
Infosys Technologies, a multinational information technology services company, has decided to set up its single largest campus at Pocharam village on the outskirts of Hyderabad.
The proposed campus is company’s second campus, which is being constructed on a 447-acre special economic zone (SEZ) with a total investment of Rs 1,250 crore.
To be built in three phases, the campus will have a sitting capacity of 25, 000 people, and will be finalized over a period of ten years.
The phase I of the project, comprising three stages, will be ready within three years, and is expected to see an investment of about Rs 600 crore.
While answering to the queries of press conference, Mr. N.R. Narayana Murthy, Chairman and Chief Mentor of Infosys said, “We typically plan with a ten-year timeframe in mind and this campus notified as a special economic zone could be possibly the biggest single location campus anywhere in the world.”
It will also have a 25 MW power plant as a back-up.
In Hyderabad, the company now employs over 11,000 people and the centre contributes about Rs 2,279 crore in exports.
During the last fiscal, Infosys had invested about Rs 750 crore in training and development, which is a larger budget than most universities in the country.
In fact more than 50,000 ex-Infosys employees are part of the IT ecosystem, contributing to the sector.
The company is working robustly in developing several SEZs in the country and is investing about Rs 1,200 crore in the renovation and construction of infrastructure during the year.