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Infosys development centre opened in Hyderabad
Hyderabad, Jan 14: The Rs 73 crore Hyderabad development centre of it major Infosys was inaugurated today by Andhra Pradesh chief minister N Chandrababu Naidu even as the nasdaq-listed company unveiled an expansion plan envisaging an investment of Rs 100 crores in the next three years.
Hyderabad, Jan 14: The Rs 73 crore Hyderabad development centre of it major Infosys was inaugurated today by Andhra Pradesh chief minister N Chandrababu Naidu even as the nasdaq-listed company unveiled an expansion plan envisaging an investment of Rs 100 crores in the next three years.
Spread over 30 acres at Madhapur on city outskirts, the centre, presently housing 800 employees, has the expansion potential to take the strength to 8,000 in the next two years, chairman and chief mentor of Infosys N R Narayana Murthy told reporters. "From infrastructure point of view, we are fully prepared. It is entirely left to the leadership of the development centre here to take advantage and make it happen," he said.
Sounding optimistic about India's growth in IT industry, IT-enabled services and business process outsourcing, the software icon said, "The media reports speak of the likely growth in it and technology spending by global corporations.Thanks to outsourcing operations of Indian companies, they will have much better future. We will bring better value for money.”
Spread over 30 acres at Madhapur on city outskirts, the centre, presently housing 800 employees, has the expansion potential to take the strength to 8,000 in the next two years, chairman and chief mentor of Infosys N R Narayana Murthy told reporters. "From infrastructure point of view, we are fully prepared. It is entirely left to the leadership of the development centre here to take advantage and make it happen," he said.
Sounding optimistic about India's growth in IT industry, IT-enabled services and business process outsourcing, the software icon said, "The media reports speak of the likely growth in it and technology spending by global corporations.Thanks to outsourcing operations of Indian companies, they will have much better future. We will bring better value for money.”
The Hyderabad centre, developed in a record time of nine months after the company signed an MoU with state government during partnership summit in January 2001, has already notched up an export revenue of Rs 352 crores.
Bureau Report