Infosys to invest Rs 300 crore to set up campus in Mohali: Punjab minister

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Infosys Limited will set up a new campus in Mohali with an investment of Rs 300 crore, Punjab Industry Minister Sanjeev Arora said on Thursday.

Addressing the media here, Arora said the new campus will come up over 30 acres of land.

“In the first phase, 3 lakh square feet of the area will be constructed,” he said, adding that it will create 2,500 new jobs in the city.

In the next phase, 4.80 lakh square feet area will be developed, he added.

The minister informed that IT services company Infosys, which has been in Mohali since 2017, is expanding its…



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Infosys to invest Rs 300 crore to set up campus in Mohali: Punjab minister



Infosys Limited will set up a new campus in Mohali with an investment of Rs 300 crore, Punjab Industry Minister Sanjeev Arora said on Thursday.

Addressing the media here, Arora said the new campus will come up over 30 acres of land.

“In the first phase, 3 lakh square feet of the area will be constructed,” he said, adding that it will create 2,500 new jobs in the city.

In the next phase, 4.80 lakh square feet area will be developed, he added.

The minister informed that IT services company Infosys, which has been in Mohali since 2017, is expanding its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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