Business Daily from THE HINDU group of publications Sunday, Aug 10, 2008 ePaper | Mobile/PDA Version | Audio |
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Investing in future: The Andhra Pradesh Chief Minister, Dr Y.S.Rajasekhara Reddy, and the Infosys Technologies Chief Mentor, Mr N.R. Narayana Murthy, listening to an official expalining the plan of the second campus of Infosys at Pocharam in Hyderabad. – Our Bureau Hyderabad, Aug 9 Infosys Technologies plans to invest Rs 1,250 crore to create its single largest campus on a 447-acre campus at Pocharam near Hyderabad with a capacity to host 25,000 engineers. The phase I of the project, comprising three stages, will be ready within three years, and is expected to see an investment of about Rs 600 crore. Addressing a press conference here on Saturday, the Chairman and Chief Mentor of Infosys, Mr N.R. Narayana Murthy, said: “We typically plan with a ten-year timeframe in mind and this campus notified as a special economic zone could be possibly the biggest single location campus anywhere in the world.” The Director of Infosys, Mr Mohandas Pai, said “As a part of its drive to become carbon neutral, Infosys is designing this campus on best-in-class sustainability principles to achieve energy efficiency, water sustainability, preservation and promotion of biodiversity and effective waste management.” It will also have a 25 MW power plant as a back-up. In Hyderabad, the company now employs over 11,000 people and the centre contributes about Rs 2,279 crore in exports. TRAINING SPENDMr Pai said that Infosys invested about Rs 750 crore last fiscal in training and development, which is a larger budget than most universities in the country. In fact over 50,000 ex-Infosys employees are part of the IT ecosystem, contributing to the sector. The company is in the process of developing several SEZs in the country and has said that it is investing about Rs 1,200 crore in infrastructure during the year. State helpThe Infosys management was appreciative of the support provided by the State in initiating this project. Earlier, the Chief Minister, Dr Y.S. Rajasekhara Reddy, after laying the foundation stone for the SEZ at Pocharam, said that the State initiated many steps to improve infrastructure and bring all-round development. Infosys proposes to set up new campus in Bangalore More Stories on : Software | Human Resources | Infosys Technologies Ltd
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