Infosys-Technopark Sign Agreement For New Technocity in Kerala

Infosys-Technopark Sign Agreement For New Technocity in Kerala

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Asia Bizz: Indian global technology services company Infosys Limited has signed an agreement with Technopark on April 4, 2012 to  set up a second campus in Technocity, Thiruvananthapuram , on 50 acres of land.

HR Binod, the senior vice president of Infosys and Girish Babu the Technopark CEO signed the agreement in presence of Kerala chief minister Oommen Chandy. The Technopark Phase I and Technopark Phase II projects are the two development centres, which will employ about 4,100 professionals.

The Kerala operations were started in the year 2004 at Technopark and the company has its own campus next to Technopark – which is a part of the Technopark Phase II Special Economic Zone (SEZ). The chief executive co-chairman of Infosys, Kris Gopalakrishnan said that the company is doing well in Technopark and this has also indicated the changing investment climate of the state.

There are no labour issues at the Infosys centres in Technopark campuses and Gopalakrishnan added that the Thiruvananthapuram centre is the fastest growing centre of Infosys across the country at a growth rate of 30 percent annually. The technology service company also plans to set up more than 1 million sq. feet of built up space and to create employment for 10,000 engineers in the campus.