IT major Infosys Technologies plans to invest 3.6 billion in Kerala

India's IT major Infosys Technologies Ltd Saturday began construction of its first campus in Kerala, apart from a leases facility here, with plans to invest Rs.3.06 billion (nearly $75 million) for expansion in the state. The company wants to allow a capacity to seat 1,500 employees.

Infosys co-founder and board member K. Dinesh said: "We have plans to invest Rs.306 crore and set up a state-of-the-art campus, which would include facilities for work and recreation for our employees. We expect to create 8,000 seats at this centre over the next few years."

The firm has been operating in the state out of a leased facility in the Techno park campus since 2004

With the completion of its own new campus coming up near Technopark, Infosys will have two full-fledged operations in the city.

“This development centre has a world-class work environment designed to enhance productivity and efficiency. Infosys has also leased 40,000 sq. ft. of space in the Thejaswini Block at Technopark for expansion,” Infosys said.

V. S. Achuthanandan, the chief minister of Kerala said, “Kerala is emerging as a key IT destination in south India. Infosys ramping up its presence in our state is a reaffirmation of this fact. The magnitude of Infosys’ investment in its development centre demonstrates its long-term commitment towards Kerala and speaks volumes about the world-class facilities on offer here for its employees.”