Infosys Tech to invest Rs 30 cr on expansion

Software solutions developer Infosys Technologies Limited has said it will invest Rs 30 crore on expansion of its Chandigarh operations during the current fiscal.


CHANDIGARH: Software solutions developer Infosys Technologies Limited has said it will invest Rs 30 crore on expansion of its Chandigarh operations during the current fiscal.

"We will invest Rs 30 crore on infrastructure development of our operations in Chandigarh during this year," Infosys Technologies Limited's Development Centre Head Sameer Goel said here.

The company, which is India's second biggest software exporter, has so far invested Rs 160 crore on its facility in Chandigarh.

With the new investment, it proposes to set up blocks for software developers at its IT centre in Rajiv Gandhi Chandigarh Technology Park. The 30-acre Software Development Centre of Infosys employs about 2,000 people in Chandigarh, which is extendable to 3,000.

The company has been exporting softwares to countries like the United States, Europe and Middle East. It has also been awarded the STPI software export award for earning export revenue of Rs 17,423 lakh from the Union Territory.
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