Infosys plans to invest Rs 800 crores in Kerala: CEO

October 24, 2011

Infosys is planning to invest about Rs.800 crores in Kerala over the next five years to expand its operations and expects to generate 10,000 new jobs here.

The company has two centers in Thiruvananthapuram and provides employment to 2,100 professionals. Infosys has set a target to recruit 45,000 persons this year in the country and had already given jobs to 15,000.

Speaking at a felicitation in Alappuzha, S D Shibulal, CEO, Infosys Ltd said the company is also working with 28 Engineering Colleges in Kerala to improve the quality of students passing out from there. He mentioned that Infosys contributed around Rs.608 crores to the total IT exports from Kerala, which was around Rs.3,200 crores. He commented that Infosys is doing well here and this reflects the changing investment climate of the State adding that there were no labor issues at the Infosys centers in Kerala. The Thiruvananthapuram center is the fastest growing centre of Infosys across the country at 30 percent annually.

Infosys has two development centers in Thiruvananthapuram employing about 4,100 professionals. Starting its Kerala operations in January 2004 at Technopark, Trivandrum, Infosys now has its own campus adjacent to Technopark which forms part of Technopark Phase II Special Economic Zone (SEZ). Inaugurated in February this year with an investment of Rs.108 crores, the campus spread over 50 acres; will have 1.5 million sq. ft. built-up space when complete. Infosys has over 1,42,000 employees in over 50 offices worldwide.