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Infosys to begin work on Noida campus by February-end

noida Updated: Feb 14, 2017 23:02 IST
Vinod Rajput
IT news

Noida authority had allotted 1,11,610 square metres of land in Sector 85 to Infosys on June 5, 2014.(Sunil Ghosh /HT file )

Information Technology (IT) major Infosys is all set to begin construction of its largest campus in the northern region in Noida by February-end.

A team from Infosys on Tuesday met with Deepak Agarwal, chief executive officer of the Noida authority, which had on June 5, 2014 allotted 1,11,610 square metres of land in Sector 85. Infosys has submitted the layout plan of its building that will have three state-of-the-art towers, an official said.

“We will approve the building layout map very soon. Earlier, they had wanted to build only one 100-storey tower. Now, they have submitted a fresh map as the IT major wants to build three towers instead of one. They are likely to begin construction by February-end,” Agarwal said.

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Infosys has decided to make an incubation centre functional by March-end at its Sector 85 campus, an official said.

“The team from Infosys said the building will be constructed in the next two to three years without any delay as they want to start operations in the Noida campus as soon as possible. I have instructed my staff to support Infosys as and when required because the project will create jobs for youth and it is very important for Noida,” Agarwal said.

The Uttar Pradesh government has waived the entire registry fee for Infosys under an IT policy that does not levy any such fee to encourage industrial development in state.

The company is expected to employ about 35, 000 IT professionals and other staff once this campus becomes operational.

Infosys invested Rs1, 354 crore in purchasing land for its unit.

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Co-founder of Infosys Narayana Murthy had on February 23, 2014 visited this one lakh sqm plot (25 acres) in Sector 85 off the Noida Expressway.

“It will be the biggest Infosys Campus in the north and Noida can feel proud about it,” an official of the Noida authority said.