Infosys is set to launch its IT hub at Sector 85 in Noida with a total fund of Rs 5,000 crore. The company has recently submitted a revised layout plan for the campus which is told to be the largest hub in north India.
The revised layout plan has proposed to build three towers in which one tower will be of 52 storeys and other two consists 33 floors each. The project includes a research & development and a software development centre beside special economic zone components, confirmed by Deepak Agarwal, CEO, Noida Authority.
The IT company has planned to spend the fund in two phases with Rs 2,500 crore each. The initial development and office setting up plan will begin from March this year where almost 200 employees will be working out of office and commencing client services.
In January 2014, the IT company acquired 1.11 lakh sq. mt. of land consisting six plots in A block in Sector 85 with an investment of Rs 1,385 crore.
“Once fully operational, Infosys is expected to employ nearly 35,000 IT professionals. This will provide a huge impetus to Noida,” says Agarwal.
“In the first phase of its operations, direct and indirect employment will be generated for nearly 15,000 people.” He adds.
Source: ET Realty