Infosys to build new software unit in Pune

BANGALORE: Indian software services leader Infosys Technologies Ltd. will
invest Rs 1.2 billion ($26 million) over the next five years to build its second
software development center in the western city of Pune. In the first phase of
the project spanning the next three years, Infosys will invest Rs 600 million to
build facilities that can house 1,200 engineers, the company said in a statement
late on Wednesday.

Another Rs 600 million would be invested in the fourth and the fifth year to
build facilities to house an additional 1,500 engineers, the Nasdaq-listed firm
said. The statement said that Bangalore-based Infosys had signed an agreement
with the state government of Maharashtra to secure land for the new software
center in Pune.

Infosys, which employs 1,200 engineers at its existing software development
center in Pune, has been on an aggressive recruitment drive across the country
in the last nine months. The software company has development centers in eight
cities in India including the technology capital, Bangalore, and three outside
the country - in Toronto, Boston and London.

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