Infosys Inaugurates New Development Center in GIFT City, Gandhinagar

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the inauguration of its new Development Center (DC) at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar. This center will offer a state-of-the-art facility for over 1,000 employees in a hybrid working model. It will function as a key TechFin hub, delivering advanced digital solutions for global BFSI clients. Its services will span critical domains including digital banking, regulatory affairs, trade finance, capital markets, cards & payments, as well as risk & compliance management. The center will leverage cutting-edge technologies such as AI and Gen AI, cloud, API, cybersecurity, blockchain, to deliver seamless cross-border digital services, enhance client proximity, and strengthen India’s position as a global financial technology powerhouse.

The DC was inaugurated by the Hon’ble Chief Minister of Gujarat Shri Bhupendrabhai Patel, in the presence of Infosys Leadership represented by Mr. Jayesh Sanghrajka, Chief Financial Officer, along with Mr. Niladri Prasad Mishra, Senior Vice President, Infosys, Mr. Rajneesh Malviya, Senior Vice President, Infosys, and other senior officers from the state government and Infosys.

Aligned with Infosys’ ESG commitments, the development center incorporates all the green office design features focused on energy conservation, water conservation, daylight maximization, and smart operations. The center is designed as a future ready hybrid workplace, focusing on enhancing productivity, building social capital, and leveraging technology for fostering an environment of innovation and collaboration.

Shri Bhupendrabhai Patel, Hon’ble Chief Minister of Gujarat, said, “The inauguration of the Infosys Development Center in GIFT City marks a landmark moment and reflects the unique potential of Gujarat’s flagship financial and technological ecosystem. This development is a strong validation of GIFT City’s rise as a premier destination for digital innovation and financial services. With its focus on nurturing talent, enabling collaboration, and driving innovation in areas like digital banking and capital markets, the centre will generate valuable employment opportunities and accelerate Gujarat’s journey towards becoming a global leader in next-generation digital infrastructure and financial technology.”

Mr. Jayesh Sanghrajka, Chief Financial Officer, Infosys, said, “Setting up our Development Centre in GIFT City is a strategic step aligned with our vision of leading innovation in financial services from within India’s foremost international financial hub. GIFT City offers a robust, future-ready environment that enables digital transformation through cutting-edge technologies such as AI, Gen AI, cloud, and blockchain. This presence not only strengthens our global delivery model but also reinforces our long-term commitment to the region’s economic development and digital evolution.”

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

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Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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