MoneyWorks4Me

Infosys to invest Rs 300 crore at its second project in Orissa

31 Dec 2009 Evaluate

IT major Infosys will soon set up its second project in Orissa at an investment of Rs 300 crore. While as many as 3,000 IT professionals were busy working at the first Infosys project in the state, 5,000 workers would get placed at its second project.

The second project would come up at IT valley on the side of the National Highway no-5 between the state capital and Khurda town. Work at the second project would start soon. The state government has agreed to provide required water and power to the second project.

Infosys was at present exporting software products worth Rs 850 crore per annum from its existing project in the state.

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Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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