Infosys expands operations in Chennai, buys 129 acres of land
By Chennai: | 21 Aug 2003
The company, which has a 13-acre campus in Sholinganallur, has now added 129 acres of land in Mahindra City, for its second campus. Infosys plans to invest approximately Rs 250 crore in the facility, which has the potential to grow to a 5,000-people campus.
Infosys Technologies CEO, president and managing director Nandan Nilekani said: "Mahindra City offers truly world-class infrastructure to match our status as a global player. We are committed to providing the best facilities for our people and I am sure our campus at the Mahindra City will prove to be an ideal environment for our employees."
Speaking on the occasion, Mahindra & Mahindra vice-chairman and managing director Anand Mahindra said: "India is poised to achieve exponential growth rates, and become one of the most dynamic economies in the world. I believe that Mahindra City, with its outstanding facilities and services, exemplifies this new India that is world-class. It is, therefore, a matter of great pride for the Mahindra group that Infosys, a global leader and a pioneer, has decided to establish a new complex within Mahindra City."
Infosys' Chennai operations started in 1995 and the company has so far invested Rs 100 crore in the campus. Exports from the Chennai centre, which currently employs 2,400 people, stood at Rs 548 crore for the financial year ended 31 March 2003.
Kris Gopalakrishnan, chief operating officer, Infosys Technologies, said: "Infosys' Chennai operations have grown rapidly since the time of its inception. It is one of the first centres to have implemented the practices of the CMMI model to provide measurable business benefits to clients. The new centre and our expansion plans are testimony to the dedication and high-quality work produced by our Chennai team. We are also grateful to the Tamil Nadu government for being extremely cooperative and progressive in its IT initiatives, which has been an important factor in the growth of Infosys operations here."
Mahindra
& Mahindra executive director and president (infrastructure
development sector) Arun Nanda said: "I am delighted
Infosys has chosen Mahindra City as its destination to
house its new facility. When we decided to set up the
industrial park the objective was to create a world-class
integrated facility, a business city where the most demanding
customers ask for the best and get it."
