Infosys Ltd.

BSE: 500209 | NSE: INFY
Large Cap | IT - Software
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Infosys to establish software development centre in Maharashtra

Date: 05-03-2012

After setting up software development centre in Pune, IT major Infosys is planning to establish another software development centre in Maharashtra with an investment of about Rs 100 crore. In this regard, the Bangalore-based software services provider has signed a Memorandum of Understanding (MoU) with Maharashtra Airport Development Company (MADC). India's second-largest software firm will be allocated 142 acres for the centre at Mihan, a air cargo project being developed by MADC.

According to the MoU, the IT firm will start operations within three years at the centre which will come up at an investment of Rs 100 crore and provide jobs to about 2,000 software engineers over five years.

Infosys had 64 offices and 68 development centres in India and abroad and 1,45,088 employees as on December 31, 2011.