Info-tech

Karnataka clears Infosys' Rs 600-cr SEZ project

Anil Urs Venkatesh Ganesh Bangalore May 24 | Updated on November 15, 2017

karnataka-sez

IT major Infosys will set up its second biggest facility worth nearly Rs 600 crore in Bangalore after it received necessary clearances from the Karnataka Government.

The new facility will be set up in north Bangalore and can seat 8,000 employees.

The Karnataka Government early this week cleared Infosys' proposal to set up an ‘IT/ITES Special Economic Zone' (SEZ) near the Bangalore International Airport.

According to Industries Department officials, the company had sought an additional 60 acres of land adjacent to the 40 acres of land already allotted to it.

The company is yet to get an official communiqué from the State Government. In May, Infosys received clearance for 7.23 acres of land near its existing IT SEZ campus in South Kanara. At that time, Infosys had said that it plans to open a software development centre of 2 million built up sq ft area with an investment of Rs 700 crore.

SHLCC (State High Level Clearance Committee) which cleared the Infosys proposal has asked its promoters to provide local employment in the project as per the Dr Sarojini Mahishi report on reservation of jobs for the locals.

The land will be allotted by the Karnataka Industrial Areas Development Board and also provide water of 13 lakh litres a day.

Another IT giant, Wipro earlier this month received formal approval, both from the State Government and the SEZ Board of Approval to build and operate an SEZ in Bangalore.

> anil.u@thehindu.co.in

Published on May 24, 2012

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