NIIT Tech lines up Rs 175 crore for Noida campus expansion

31 Oct 2011 Evaluate

NIIT Technologies will invest up to Rs 175 crore for the second phase of expansion of its campus in Greater Noida. The phase II expansion will begin in January next year and will have an investment of Rs 165-175 crore. It will take about 6-8 months to get completed and would create a capacity of 4,000 people. Currently, the campus has 3,000 employees and mostly caters to new business. The company plans to complete the construction in three phases. When completed, it would have a capacity of 11,000. The company has spent around Rs 135 crore in the first phase.

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