Infosys Commences Work on Mohali Campus
Invests Rs. 425 crore in Phase I
Mohali, India - February 22, 2014: Infosys today announced that it has commenced work on its new campus in Mohali, Punjab. The Honorable Deputy Chief Minister of Punjab, Mr. Sukhbir Singh Badal, laid the foundation stone for the campus at Mohali in the presence of Mr. N. R. Narayana Murthy, Founder and Executive Chairman, Infosys.
The new campus at SAS Nagar, Mohali, will be spread over 50 acres of land allocated by the Government of Punjab and will see construction undertaken in phases.
In the first phase of construction, the company will make an investment of Rs. 425 crore to create a built-up area of 6.5 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 RSP Design Consultants 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.
This is the company’s second campus in Punjab. The first campus in Chandigarh has been operational since 2006 and has a built-up area of 11.3 lakh sq. ft. on 30 acres with seating capacity for 6,000 employees. The company has invested Rs. 332 crore in the campus and the current annual turnover from the development center is Rs. 1,300 crore.
Mr. N. R. Narayana Murthy, Founder and Executive Chairman of the Board, Infosys said:
“The State Government of Punjab has done a commendable job in developing Mohali as an investment destination with its new industrial policy and good infrastructure facilities. We have been successful in Chandigarh and are eager to tap into the talent pool in the region. We are very grateful to the State Government of Punjab for extending their proactive support as we expand our operations in Mohali.”