InfInfosys to invest Rs 600 cr in Indore facility

 

T major Infosys today signed an MoU with the Madhya Pradesh government for investing Rs 600 crore in its proposed unit in Indore, which will generate over 13,000 jobs.

The MoU was signed by the Secretary IT, government of Madhya Pradesh, Hari Ranjan Rao and Infosys Vice-President, Chandraketu Jha in the presence of Chief Minister Shivraj Singh Chouhan and Industries Minister, Kailash Vijaywargiya at the state mantralaya, official sources said.

The MoU with Infosys would encourage more investment in the state, Chouhan said.
The state government has decided to provide 130 acres to Infosys on a 33-year lease. The project will be completed within five years.

The company is setting up the facility at the Super Corridor in Indore.