IT News Alert:Infosys-sets-up-new-campus-in-the-US-to-hire-1000

Infosys sets up new campus in the US, to hire 1,000


 Information technology outsourcing company Infosys announced Thursday that it will build a campus in Indianapolis to continue an expansion in the United States that is expected to provide up to 3,000 jobs for the city in the coming years.

Infosys President Ravi Kumar said the Bangalore, India-based company will start the $245 million, 141-acre campus project by building a $35 million training center at the now-vacant site of the former Indianapolis International Airport terminal. He said the center will be a tech hub that teaches its American workers computer science skills such as big data and cloud technology. Its employees will include engineers, developers, analysts, architects and technology consultants.

The state and the city are offering as much as $101.8 million in incentives and subsidies for the project, according to the Indiana Economic Development Corp.

"This is a powerful partnership. It's going to change the way we do business,'' Gov. Eric Holcomb said during Thursday's announcement event with Vice President Mike Pence, his predecessor as governor.

Holcomb said that the project marks the largest jobs commitment the Indiana economic development agency had received since it was established in 2005.

But the partnership with Infosys has drawn some doubts from experts due to the generous $31 million in conditional tax credits and training grants promised last May. A year ago, the company revealed its plan for establishing an Indianapolis tech center with 2,000 employees by the end of 2021, the first among its four planned hubs in the U.S., with the others in North Carolina, Connecticut and Rhode Island.

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