Infosys Ltd.

BSE: 500209 | NSE: INFY
Large Cap | IT - Software
1639.60
13.25 (0.81%)
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Infosys inks agreement with Technopark to set up second campus in Kerala

Date: 05-04-2012

India's second largest IT Company, Infosys, will be setting up a second campus in Technocity at Thiruvananthapuram in Kerala. The company has inked an agreement with Technopark for 50 acres of land for the same.

Besides, Infosys has two development centres in Technopark Phase-I and Technopark Phase-II, employing about 4,100 professionals. In January 2004, the company had started its Kerala operations at Technopark. Infosys now has its own campus adjacent to Technopark which forms part of Technopark Phase II Special Economic Zone (SEZ).

The software major plans to set up more than one million square feet of built-up space and to create employment for 10,000 engineers in the Technocity campus. Over the next 5 to 8 years, it expects the possible export from this SEZ campus would be in the tune of Rs 1,500 crore.

During 2012-13, Infosys has plans to add another 3,500 engineers in the existing campus at Technopark Phase-II, thus increasing its exports to Rs 800 crore.