Kerala allots 50 acres to Infosys

BANGALORE: Infosys Technologies will be expanding its presence in Kerala with the State government allotting it 50 acres of land in the new special economic zone in Thiruvananthapuram.

The State government and the IT bellwether have signed an agreement in this regard in the presence of the chief minister, Oommen Chandy, the company chairman and chief mentor NR Narayana Murthy and PH Kurien, the State IT secretary. Infosys's chief operating officer and deputy manager S Gopalakrishnan was also present.

Infosys, which started operations in Kerala in January 2004 with 50 software professionals, has grown to 550 employees today. Infosys is currently housed in the Bhavani block of the Technopark campus at Kariyavattom in Thiruvananthapuram.

“We are happy to announce our expansion plans in Kerala”, said Murthy. “The investment climate in the state has been favorable and in the first phase we intend to start construction of the Software Development Centre upon the full clearance of the SEZ. Infosys intends to invest Rs. 50 crore to create a state-of-the-art campus in Thiruvananthapuram with a capacity to seat 1250 software professionals.”

In the second and third phases, Infosys intends to invest an additional Rs. 100 crore in the campus and increase its capacity further by 2500 seats.