Infosys interested to start operations in NOIDA

NOIDA: If everything goes well, IT major Infosys will launch its operations for the entire northern region from Noida, two years from now. A team of officials from Infosys met Deepak Agarwal, CEO, Noida Authority, on Tuesday and submitted a revised layout plan for its Noida campus — the largest in north India.

Later, speaking to media, Agarwal said the layout will be approved as soon as possible to enable the company to begin its construction and operations without delay. The IT giant is headed to Noida with a total investment of Rs 5,000 crore, of which Rs 2,500 crore will be invested in the first phase. The campus is proposed to be built on a 28-acre plot and will be the company’s headquarters in northern India.

According to Agarwal, Infosys was allotted 1.11 lakh sq m of land in Sector 85, Noida, in January 2014. The company invested Rs 1,354 crore to acquire the land, which consists of six plots in A block of Sector 85.

“The company on Tuesday submitted a revised layout plan to the Noida Authority. Earlier the plan was to construct a single tower of 100 floors. The amended plan is to construct three towers. While one tower will have 52 floors, the other two will be of 33 storeys each,” the CEO said. The project will comprise a research & development and a software development centre, besides special economic zone components.

The company also plans to set up an initial development and operations office from March next month, which will help it begin the core functions of the project. Nearly 200 employees will work out of the office and also start serving clients, sources said.

“Once fully operational, Infosys is expected to employ nearly 35,000 IT professionals. This will provide a huge impetus to Noida,” Agarwal said.

“In the first phase of its operations, direct and indirect employment will be generated for nearly 15,000 people,” he added.

Credits ET Realty

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