Infosys sets up shop in Cyberabad
C Chitti Pantulu
Hyderabad, March 10: In what can be termed as the millennium catch for cyber Chief Minister N Chandrababu Naidu and his men, Infosys has decided to set up shop in Cyberabad.
Though in the making for the past year, what is surprising is the speed and the silence with which the proposal is being implemented, once the decision was taken.
Few know that the company's software centre here will start functioning as early as Monday next from the Hi-Tech City and the interiors had been completed in a record 72 hours to accommodate a start-up strength of 50 people.
Apart from the leased accommodation at the Cyber Towers at the Hi-Tech City, the company is understood to have asked for 30 to 50 acres of land in the city.
"The 50 personnel will be relocated from the Bangalore centre to the Hi-Tech City where it has taken one module to begin with", official sources told The Financial Express.
Infosys will be developing the full range of software services and products being developed at the Bangalore facility, the sources said. Infosys, which employs over 4000 people at its Bangalore facility, is looking forward to grow very fast in Cyberabad keeping pace with its overall growth projections, the sources said.
From 50 engineers, the strength is expected to touch hundred within a few weeks with the company asking the Hi-Tech City authorities for additional space at the Cyber Towers. While the wooing exercise began an year back, it caught momentum after a team of Andhra Pradesh government officials made a detailed three-hour presentation to the board of Infosys on why it should set up shop in Cyberabad.
Since then the trips by Infosys chief NR Narayana Murthy to Hyderabad had increased and his association with the AP government too strengthened.Narayana Murthy is on the IT Advisory Panel of the AP government, AP FIRST, which apart from chief minister Naidu, also boasts of other big-wigs like FC Kohli of TCS, Azim Premji of Wipro and NASSCOM's Dewang Mehta.
The AP FIRST will formulate the IT Policy for Andhra Pradesh, promote IT investment in the state, develop a blue print for centres of excellence in the state and speed up the process of IT education.
TCS which already has about five acres of land in the Phase II of the proposed Infocity Project, has acquired six more acres adjacent to its present position to keep pace with its expected growth.
indian-express.com |