Infosys to Expand Presence in Noida, Uttar Pradesh
Honorable Prime Minister Shri Narendra Modi felicitates Infosys’ upcoming project in Noida; Company to invest INR 750 crores in Phase-1
NOIDA, UTTAR PRADESH – July 29, 2018: Infosys (NYSE: INFY), (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced the expansion of its presence in Noida, Uttar Pradesh with the commencement of work on its new software development center. The honorable Prime Minister Shri Narendra Modi, felicitated Infosys’ upcoming facility, as part of the ‘Rising UP, Powering New India’ event in Lucknow, aimed at boosting infrastructural capabilities in the state of Uttar Pradesh.
As part of this project, Infosys will invest approx. INR 750 crores in the first phase of construction to build a 2.7 million square feet facility that can accommodate a total staff strength of 5,000. The state-of-the-art project, for which the UP government has allocated 27.5 acres of land in Sector-85, Noida, will be one the most sustainable projects in the region, with extensive efforts to minimize the facility’s carbon footprint by leveraging innovation and technology in the construction process.
Salil Parekh, Chief Executive Officer and Managing Director of Infosys, said, “We’re delighted that honorable Prime Minister Shri Narendra Modi felicitated our upcoming facility in Noida. 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 state government of Uttar Pradesh for their support towards this endeavor.”
The project’s design will be done by RSP Design Consultants from Singapore and will aim to achieve a LEED Platinum rating, the highest level of certification for a green building, given by the U.S. Green Building Council. The construction will begin as soon as the government approval is received.