Infosys to invest Rs 150 cr in Kerala

Infosys Technologies has announced that it has expanded its presence in Kerala, with the government of Kerala allotting 50 acres of land to the company in the new SEZ in Thiruvananthapuram.

Infosys, which started operations in Kerala on January 1, 2004 with 50 software professionals, has grown to 550 employees today. "We are happy to announce our expansion plans in Kerala", said Infosys chief mentor N R Narayana Murthy.

"The investment climate in the state has been favourable and in the first phase we intend to start construction of the Software Development Centre upon the full clearance of the SEZ. Infosys intends to invest Rs 50 crore in Thiruvananthapuram with a capacity to seat 1,250 software professionals."

In the second and third phases, Infosys intends to invest an additional Rs 100 crore in the campus and increase its capacity further by 2,500 seats.