Infosys, the second largest Indian IT giant company, on Sunday announced to invest Rs. 750 crores ($ 109 million) in the first phase to build a software development centre of 2.7 million square feet in Noida, Uttar Pradesh that can accommodate 5,000 staff.
Chief Executive Officer (CEO) and MD of Infosys, Salil Parekh said, “The facility is a critical part of our effort to enhance our presence in the national capital region and leverage the talent pool available in this market”.
“We are grateful to the Government of Uttar Pradesh for their support towards this endeavour” Parekh added.
UP Government has allocated 27.5 acres of land in Sector 85 of Noida for the project. RSP Design Consultants from Singapore will design the infrastructure of the project making it one of the most sustainable plans aimed to achieve a Leadership in Energy and Environmental Design (LEED) Platinum rating, the highest level certification for a green building given by the U.s Green Building Council.
The upcoming facility of software development centre of Infosys in Noida was also felicitated by Prime Minister Narendra Modi, as a part of the “Rising UP, Powering New India” event in Lucknow aimed at boosting Uttar Pradesh infrastructural capabilities.
For the fiscal year 2018-19, Infosys retained 6-8% revenue growth outlook in this month.