Honourable Chief Minister N Chandrababu Naidu inaugurates Infosys' Hyderabad Development Center
Hyderabad, January 14, 2003 : Infosys Technologies (NASDAQ:INFY), the leading IT consulting and software services provider today announced the inauguration of its Development Center in Hyderabad. The Center, spread over 30 acres of land, currently housing 800 Infoscions, was inaugurated by the Honourable Chief Minister of Andhra Pradesh Shri N Chandrababu Naidu.
The state-of-the-art Infosys facility has a built up area of about 3,11,000 sq ft and was constructed in a record time of just nine months. Till date, the company has invested Rs. 73.66 crores in the development of this center. The center offers Infoscions a wide range of facilities including a food court, well-equipped library as well as recreational facilities such as tennis and basketball courts, a gymnasium and steam and sauna facilities. Infosys started its operations in Hyderabad in April 2000 from a rented premise that housed just 5 0 employees. Today the center has the capacity to house as many as 1,525 people. Exports from the Hyderabad Development Center during the last twelve months amounted to Rs 202.92 crores .
The Hyderabad Development Center provides business solutions in a wide range of domains leveraging multiple technology platforms. It includes solutions in ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management), Open Systems, Mainframe, and Internet and Web- based technologies. The technology solutions provided by this center cater to industries such as Financial Services, Retailing, Transportation, and Utilities servicing a large number of clients which include Toshiba, Sony, Siemens, Dell Computer and Microsoft among others.
Infosys Technologies Ltd is a company with a strong sense of social responsibility. In addition to setting up and contributing to the Infosys Foundation, an independent not-for -profit organisation, the company encourages its employees to actively contribute to society. The Infosys Development Center in Hyderabad has undertaken various social projects that include medical camps, construction of school buildings and distribution of sewing machines to women from economically weak backgrounds.
N R Narayana Murthy, Chairman and Chief Mentor, Infosys Technologies Ltd said, "Hyderabad has established itself as a favoured IT destination in the country with its rapidly developing infrastructure and IT-friendly policies. With best-in-class people and world-class facilities, the Infosys' Hyderabad DC is in harmony with the Infosys vision of becoming a globally respected corporation that provides best-o f-breed business solutions, leveraging technology, delivered by best-in -class people."
During the inauguration, Chief Minister N Chandrababu Naidu added, "As part of our vision for Andhra Pradesh, we are committed to creating an all-important IT culture in the state. In the last two years we have ensured a smooth path for IT investors and have encouraged Indian IT companies to set up development centers in Andhra Pradesh. We believe that by attracting global companies like Infosys, the state has made advances towards becoming the IT destination of choice in the sub-continent. We are delighted that today Infosys is inaugurating its world-class campus in the city of Hyderabad."
"The Hyderabad Development Center is on its way to becoming one of the largest IT parks of its kind in India", said Chandra Shekar Kakal, Head - Infosys Development Center, Hyderabad. "The campus is equipped with the latest technologies and solutions for enterprise networking, collaborative software engineering and distributed project management. Our commitment to excellence at the Hyderabad DC will continue to ensure a strong customer focus, excellence in process, product and people quality and growth of the individual."