L&T Info sets sights on ITES segment

 The company, a joint venture between L&T and AP Industrial Infrastructure Corporation (APIIC), has bagged mandate from five major companies - Convergys, Oracle, Satyam Computer Services, Aplabs and Anant Technologies -- to develop independent facilities for them.

 Convergys, which is setting up a center for software services, call center and a dedicated data center in about five acres, has assigned the development job to L&T Infocity for speedier execution. The facility will have a built-up area of 1.6 lakh sqft and can seat upto 1500 employees.

 Satyam, which was allotted a 17-acre land by the state government near Madhapur, is setting up a BPO facility for its subsidiary Nipuna Services.

 Oracle was allotted 9 acres for setting up its development center. Aplabs and Anant Technologies were allotted two acres each for setting up their centers.

 According to sources, L&T Info is also pitching for the Microsoft India Development center campus.

 The US major was allotted 30 acres in which it plans to construct a development facility and a high-end technical help desk with 2000 seats. The new campus, with an initial built-up area of 2.5 lakh sqft, is expected to grow to 7.5 lakh sqft.

 Meanwhile,Cyber Pearl, the third IT infrastructure facility coming up at the Hi-Tec City, is receiving encouraging enquiries from the IT and ITES companies.

 The facility, promoted as a 50:50 joint venture company between L&T Infocity and Singapore-based Ascendas Private Limited, is being developed in two phases to offer a total of 5 lakh sqft of business space on a five acre plot.

 Sources said that enthused by the response to the project, the joint venture has decided to charge slightly higher rentals compared to the existing rentals of Rs 35 per sqft.