Bangalore-based software major, Infosys Technologies Limited, will spend Rs 1,250 crore over the next 10 years on its new facility at Pocharam on the outskirts of Hyderabad. Being constructed as a special economic zone (SEZ), the 450-acre campus will have a built-up area of five million sft, work on which kicked off on Saturday.
Once completed, the Pocharam campus will become the world’s largest software services campus employing 25,000 associates, said Infosys chairman and chief mentor NR Narayana Murthy.
Speaking to mediapersons at the company’s Gachibowli campus in Hyderabad on Saturday, Murthy said the new campus will have training facilities for global offices. In the first phase, facilities will be created to seat 10,000 people with an initial investment of Rs 600 crore.
The new facility will have a 25Mw diesel-driven power backup to ensure that there is no breakdown across the 120,000 nodes in the Infosys network. It will also have about 1,000 rooms to accommodate outstation employees who come for training.
With this, Infosys will have about 10,000 rooms across its campuses in India, including 450 at its Gachibowli campus. These can accommodate 45,000 to 60,000 employees or trainees throughout the year.
Murthy said the company had planned a Rs 1,200-crore capex and will recruit about 25,000 people this year. It has already recruited 7,500 in the first quarter and another 10,000 will be added this quarter. “We are on track to reach our recruitment targets,” he said.
All the future expansion plans of Infosys will be in the SEZs and the company was open to set up centres in tier-II and tier-III cities later. It is also open to evolve a revenue model from training candidates, which is now an in-house activity, Murthy added.
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The Gachibowli campus at present employs 11,000 engineers and has grown over 80 per cent on a year-on-year basis to touch Rs 2,400 crore this year, from 900 crore last year.
The campus has recruited 2,200 people last year and was identified as a global training facility. An investment of Rs 552 crore has been made in it so far. Its exports stood at Rs 2,279 crore, contributing 8.7 per cent to the total state exports in the last financial year.