Invests Rs. 335 crore in Phase I
Indore, India - February 24, 2014: Infosys today announced that it has commenced work on its new campus in Indore, Madhya Pradesh. The Honorable Chief Minister of Madhya Pradesh, Mr. Shivraj Singh Chouhan, laid the foundation stone for the campus at Indore in the presence of Mr. N. R. Narayana Murthy, Founder and Executive Chairman, Infosys..
The new campus at the Indore Super Corridor, will be spread over 130 acres of land allocated by the Government of Madhya Pradesh and will see construction undertaken in phases.
In the first phase of construction, the company will make an investment of Rs. 335 crore to create a built-up area of 7 lakh sq. ft. to seat 5,000 software professionals. Phase I of this state-of-the-art facility is likely to be completed in the next 24 months.
The campus has been designed by Edifice Architects and will be developed and executed as per the highest rating guidelines of Green Rating for Integrated Habitat Assessment (GRIHA) and Leadership in Energy and Environmental Design (LEED). Many innovative ideas have been incorporated in the building design, energy utilization and water consumption patterns. The building will leverage radiant cooling technology, natural lighting, water recycling and will see the use of environment friendly materials in its construction.
Mr. N. R. Narayana Murthy, Founder and Executive Chairman of the Board, Infosys said:
"Indore is home to several iconic educational institutions. In fact, Indore is the only city to house both the Indian Institute of Technology and the Indian Institute of Management. The city is an exciting investment destination for the IT-ITES industry. The State Government has indeed done a commendable job in accelerating development and elevating the social and economic status of this city. Indore is a city of great opportunities and we are extremely happy to be here."
Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.
Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$7.4 billion in annual revenues and 158,000+ employees, is Building Tomorrow's Enterprise® today.