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Infosys allocates Rs 750 cr for upcoming Noida facility

Prime Minister Narendra Modi, felicitated Infosys' upcoming facility, as part of the 'Rising UP, Powering New India' event in Lucknow, aimed at boosting infrastructural capabilities in Uttar Pradesh.
BY BEx Bureau
BusinessEx
Jul 30, 2018

Software services firm Infosys has announced to invest approximately Rs 750 crore in the first phase of its upcoming facility in Noida, Uttar Pradesh.

With the start of work on its new software development centre, Infosys has announced the expansion of its presence in Noida it said in a statement.

Prime Minister Narendra Modi, felicitated Infosys' upcoming facility, as part of the 'Rising UP, Powering New India' event in Lucknow, aimed at boosting infrastructural capabilities in Uttar Pradesh.

"As part of this project, Infosys will invest approx Rs 750 crore 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 company said in a statement.

With allocated 27.5 acres of land in sector-85, Noida, the project will be sustainable with extensive efforts to minimize the facility's carbon footprint by leveraging innovation and technology in the construction process.

"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," the company said.

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