Punjab invites Infosys to set up campus in Mohali
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Punjab invites Infosys to set up campus in Mohali

Last Updated: Thursday, November 22, 2012, 22:20
 
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Punjab invites Infosys to set up campus in Mohali
Chandigarh: The Punjab government Thursday invited country's leading IT player Infosys to set up a campus in Mohali.

Infosys Ltd, however, did not commit any fresh investment in Punjab, but assured to "look at" the state's offer.

"We want that Infosys should set up an IT project here... You need to put up a campus here (in Mohali)," Punjab IT Minister Adaish Partap Singh Kairon told Infosys Executive Co-chairman S Gopalakrishnan at an IT event here Thursday.

Responding to Kairon's request, Gopalakrishnan said: "...We will look at it (the offer)..I cannot comment on it (now but) all I can say is that we will continue to expand in this region."

The Punjab government offers to provide 100 acres of space to Infosys in Mohali adjoining Chandigarh in order to help the company to expand in this region because of presence of airport, improved road network, social infrastructure and renowned educational institutions in the district.

"We can easily give 100 acres of land to Infosys as we have proposal to set up IT park over 600 acres of land in Mohali and out of which 83 acres of land has already been acquired and we will be able to handover the land in one year's time," state-owned Punjab Infotech Managing Director Anurag Verma said here.

Infosys is having a 30 acres campus at Rajiv Gandhi Chandigarh Technology Park in Chandigarh with over 6,000 employees. The company clocked IT exports of about Rs 1,300 crore from Chandigarh and posted growth of 25 percent in last fiscal.

Despite inviting major IT companies like TCS, Wipro for the last few years, the Punjab government has not been able to attract major player in IT space which can further fuel investments from small and medium enterprises.

In a bid to woo IT investments, the state government is offering to provide sufficient land at "cheaper" rate with high Floor Area Ratio (FAR) for expansion and state-of-the-art infrastructure.

PTI



First Published: Thursday, November 22, 2012, 22:20


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