Punjab invites Infy to set up campus in Mohali | chandigarh | Hindustan Times
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Punjab invites Infy to set up campus in Mohali

chandigarh Updated: Nov 23, 2012 00:52 IST
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The Punjab government on Thursday invited the country's leading information technology (IT) player Infosys to set up a campus in Mohali. The company, however, did not commit any fresh investment immediately, only assuring that it would "look at" the offer.

"We want that Infosys should set up an IT project here (in Mohali)," Punjab IT minister Adesh Partap Singh Kairon told Infosys executive co-chairman S Gopalakrishnan at an IT event here.

"We will look at it (the offer)... I cannot comment on it (now but) all I can say is that we will continue to expand in this region," Gopalakrishnan responded.

The state's offer is for 100 acres, "as we have a proposal to set up an IT park over 600 acres in Mohali, out of which 83 acres have already been acquired, and we will be able to hand over the land in one year's time," said Anurag Verma, managing director of the state-owned Punjab Infotech.

Infosys has a 30-acres campus at the Rajiv Gandhi Chandigarh Technology Park in Chandigarh with over 6,000 employees. The company clocked exports of about Rs 1,300 crore from Chandigarh and posted a growth of 25% in the last fiscal.

Despite inviting major IT companies like TCS, Wipro for the last few years, the Punjab government has not been able to attract major players. The government is offering sufficient land at "cheaper" rate with high Floor Area Ratio (FAR) for expansion and state-of-the-art infrastructure.

Earlier, Punjab wanted to promote Kapurthala and Rupnagar as IT destinations, but did not find takers.