Sonata Software Ltd announced today that the company plans to invest Rs. 100 crore in Hyderabad to setup a development centre.

The centre will have a capacity for 2600 software professionals. The centre will be located in SEZ land allotted to the company by Andhra Pradesh government. The land is close to IT hub at Kokapet town. The centre will be developed on seven acres of land.

The centre will serve as a dedicated service centre for the global clients of the company. Sonata Software already has a development centre in Hyderabad. The existing centre has a capacity of 800 professionals.

Company MD Mr. B. Ramaswamy said, "We have had excellent experience with our first facility in Hyderabad and are pleased that we shall now be setting up the second facility here."

The company stock was up by nearly 9% in stock markets. At current levels, Sonata Software can offer good returns in medium term.