Asia Bizz: Information Technology giant Infosys will soon be setting up a software development centre in the city of Nagpur, Maharashtra. This will be the second software development centre in the Indian state of Maharashtra after Pune with an initial investment of Rs 100 crore.

On March 4,2012, the software services provider company signed a memorandum of understanding with (MoU) in this regard with the Maharashtra Airport Development Company (MADC) amidst the presence of of Chief Minister Prithviraj Chavan. The memorandum was signed between the vice chairman of MADC and managing director UPS Madan and Shibulal, the managing director of Infosys.

The second largest software firm of India will be allocated 142 acres of land for the entre at MIHAN. Mihan is an air cargo project that is currently being developed in the city. The MoU signed has mentioned that the company will begin operations within three years , which will come up after an initial investment of Rs 100 crore.

The software firm will be providing jobs to more than 2,000 software engineers in about five years. The company also intends to invest a total of Rs 415 crores and also create jobs for about 14,000 IT engineers. Infosys has 64 offices and 68 development centres in India as well as abroad.