At the World Economic Forum in Davos, Infosys CFO Jayesh Sanghrajka and Telangana’s IT and Industries Minister D Sridhar Babu announced the expansion of Infosys’ IT campus at Pocharam. The collaboration reflects the shared vision of Infosys and the Telangana government to foster growth in the technology sector.
Key Details of the Expansion
- Investment: ₹750 crore for the construction of new IT buildings in Phase 1, expected to be completed in the next 2-3 years.
- Job Creation: The expansion will generate 17,000 additional jobs, with Phase 1 accommodating 10,000 employees.
- Current Employment: Infosys already employs over 35,000 people at the Pocharam campus, making it one of the company’s largest facilities in India.
Remarks on the Initiative
- Jayesh Sanghrajka, CFO, Infosys: “Our partnership with the Government of Telangana reflects our shared vision of driving innovation, empowering communities, and strengthening the IT landscape.”
- D Sridhar Babu, IT and Industries Minister, Telangana: “The state government remains committed to nurturing talent, creating opportunities, and fostering strategic alliances to drive Telangana’s economic progress.”
Telangana’s Commitment to Growth
This initiative underscores Telangana’s proactive approach to supporting industry leaders and promoting sustainable growth in the IT sector. The state’s focus on strategic partnerships and fostering talent positions it as a technology hub in India.
Stay tuned for updates on the project’s development and its impact on the local economy.
