Infosys to invest $290 mn to build 3 campuses in Bengaluru

IT services provider Infosys will set up three more campuses in Bengaluru at an investment of Rs 1,918 crore ($290 million) and create an additional 27,000 jobs, a state government official said on Saturday.

“The state high level clearance committee on industry has cleared the three IT projects of Infosys at a meeting presided by Chief Minister Siddaramaiah here,” the official, who did not want to be identified, told IANS.

The $8.7-billion IT outsourcing major has its largest software development centre in the electronics city, about 30km away from the city centre.

One campus will be in the electronics city and two at Konappana Agrahara in the southern suburbs, the official said.

In its investment proposal to the state government, the IT bellwether claimed that the campuses would generate 27,000 new jobs collectively.

“The company will invest Rs 625 crore in the 10-acre campus at Konappana with facility to house 8,500 techies and a software technology park in the same location at Rs 1,079 crore to create 15,000 jobs,” the official said.

The new campus in the electronics city at Rs 216 crore will create 3,500 jobs.

IT, Biotech, Science & Technology Minister S.R. Patil, Major Industries Minister R.V. Deshpande, Infrastructure Minister Roshan Baig, Principal Secretary, IT and Biotech, V. Manjula and Karnataka Biotechnology Information Services managing director Tanushree Deb Barma participated in the meeting.


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