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Home > Business > Business Headline > Report

Infosys opens new centre near Hyderabad

January 14, 2003 14:29 IST

Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday inaugurated Infosys Technologies' Hyderabad Development Centre at an impressive function at Manikonda village near Hyderabad.

He invited Infosys to open another development centre in Visakhapatnam, which had 'immense potential.' If Infosys decides to set up a centre in the port city, others will follow suit, he said.

Naidu also offered 20 acres of land near the Hyderabad centre of Infosys in Manikonda for its expansion.

Infosys chief N R Narayana Murthy said another Rs 100 crore (Rs 1 billion) would be invested in the second and third phase at the Hyderabad centre during the next three years.

He said the employee strength would also be increased to 8,000 from the present 800 at the Hyderabad centre, the seventh such centre outside Bangalore and the company's third-largest.

UNI



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