Infosys Commences Work on its Third Campus in Maharashtra
Invests Rs. 475 crore in Phase I
Nagpur, India - February 22, 2014: Infosys today announced that it has commenced work on its new campus in Nagpur, Maharashtra. The Honorable Chief Minister of Maharashtra, Mr. Prithviraj Chavan, laid the foundation stone for the campus at Nagpur in the presence of Mr. N. R. Narayana Murthy, Founder and Executive Chairman, Infosys.
The new campus at Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN), SEZ will be spread over 142 acres of land allocated by the Government of Maharashtra and will see construction undertaken in phases.
In the first phase of construction, the company will make an investment of Rs. 475 crore to create a built-up area of 9.5 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 architectural firm Morphogenesis 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.
Infosys is one of the largest employers in the IT sector in Maharashtra and this is the company’s third campus in the state. The first two campuses are situated in Pune. Infosys began its operations in Pune in 1996 and moved to a 25 acre campus at Rajeev Gandhi Tech Park in 1999. This campus has a built-up area of 5.9 lakh sq. ft. with seating capacity for 3,750 employees. Infosys has invested Rs. 220 crore in this campus and the current annual turnover from this development center is Rs. 1,086 crore.
The company’s second campus in Pune is situated on 114 acres, with a built-up area of 62.05 lakh sq. ft. with seating capacity for 33,000 employees. Infosys has invested Rs. 1,800 crore in the campus and the current annual turnover from this development center is Rs. 7,075 crore.
Mr. N. R. Narayana Murthy, Founder and Executive Chairman of the Board, Infosys said:
“Our investment in a third campus firmly establishes Maharashtra as a key region for Infosys. Maharashtra has always occupied a very special place in the journey of this company and we are thankful to the government for their unwavering support and encouragement. Nagpur is a culturally vibrant city and with industry focus shifting to non-metros, the city is rightfully staking its claim in this new dispensation.”