infosys karnataka: Infosys under fire for failing to create jobs in Karnataka

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Karnataka BJP MLA Arvind Bellad has criticised data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” rel=”noopener”>Infosys, India’s second-largest Indian IT major, saying that the company acquired 58 acres of land in his home constituency of Hubli-Dharwad West to create a campus and promising data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/jobs” target=”_blank” rel=”noopener”>jobs but failed to do so.

Addressing the state Assembly on Wednesday, Bellad, who is also Deputy Leader of the Opposition, called it “betrayal at its finest” and demanded the state government take back the land.

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According to him, Infosys acquired 58 acres of land in the industrial estate about ten years ago. He further said that the Bengaluru-headquartered IT giant purchased the land which had a market rate of Rs 1.5 crore per acre but paid only Rs 35 lakh per acre to the farmers promising they will set up a campus and provide employment.
However, he claims, the company has not created a single job.

Infosys did not immediately respond to an email seeking comments on the MLA’s statement.

In its annual report released in April 2023, Infosys said, “As part of this strategy, this year, we set up offices in Hubballi, Indore, Navi Mumbai, Nagpur and Coimbatore, in India.”

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Further, posting his video on microblogging website X (formerly Twitter), Bellad said, “@Infosys promised jobs, but all we got were empty #promises and trees. #Infosys #Hubli was granted 58 acres of land which is in my constituency with the aim of fostering employment for the entire North Karnataka region, yet it has failed to deliver on job creation.”

lockquote class=”twitter-tweet” lang=”en”>— BelladArvind (@BelladArvind) data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://twitter.com/BelladArvind/status/1757457315023008000″ rel=”nofollow”/> lockquote>

He added, “As a representative, I can’t face the farmers I pacified anymore. It’s time for Infosys to face the consequences and for the government to reclaim the land that’s rightfully ours.”

The comments come when the Karnataka state legislature has commenced its 10-day budget session starting Monday.

During the discussion, the Minister for IT-BT and and Rural Development & Panchayat Raj Priyank Kharge also pointed out that in cases where land was taken but nothing was done, incentives could be withdrawn in such cases and even withdraw the land in stringent cases.

Meanwhile, Karnataka Industries minister MB Patil assured that he would investigate the issue, stating, “If no progress has been made after land acquisition, we will issue notices and take action.”

Patil is also understood to have ensured jobs for land losers at Taiwanese major Foxconn’s plant in Doddaballapur where 20 million iPhones are likely to be manufactured.





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infosys karnataka: Infosys under fire for failing to create jobs in Karnataka


Karnataka BJP MLA Arvind Bellad has criticised data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” rel=”noopener”>Infosys, India’s second-largest Indian IT major, saying that the company acquired 58 acres of land in his home constituency of Hubli-Dharwad West to create a campus and promising data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/jobs” target=”_blank” rel=”noopener”>jobs but failed to do so.

Addressing the state Assembly on Wednesday, Bellad, who is also Deputy Leader of the Opposition, called it “betrayal at its finest” and demanded the state government take back the land.

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Offering College Course Website
IIT Delhi IITD Certificate Programme in Data Science & Machine Learning data-ga-onclick=”Emeritus_edit_articles_click#107689002#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://iitd.emeritus.org/iitd-certificate-programme-in-data-science-machine-learning/index.php?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=107689002″>Visit
MIT MIT Technology Leadership and Innovation data-ga-onclick=”Emeritus_edit_articles_click#107689002#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://executive-ed.xpro.mit.edu/technology-leadership-and-innovation?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=107689002″>Visit
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According to him, Infosys acquired 58 acres of land in the industrial estate about ten years ago. He further said that the Bengaluru-headquartered IT giant purchased the land which had a market rate of Rs 1.5 crore per acre but paid only Rs 35 lakh per acre to the farmers promising they will set up a campus and provide employment.
However, he claims, the company has not created a single job.

Infosys did not immediately respond to an email seeking comments on the MLA’s statement.

In its annual report released in April 2023, Infosys said, “As part of this strategy, this year, we set up offices in Hubballi, Indore, Navi Mumbai, Nagpur and Coimbatore, in India.”

Discover the stories of your interest


Further, posting his video on microblogging website X (formerly Twitter), Bellad said, “@Infosys promised jobs, but all we got were empty #promises and trees. #Infosys #Hubli was granted 58 acres of land which is in my constituency with the aim of fostering employment for the entire North Karnataka region, yet it has failed to deliver on job creation.”

lockquote class=”twitter-tweet” lang=”en”>— BelladArvind (@BelladArvind) data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://twitter.com/BelladArvind/status/1757457315023008000″ rel=”nofollow”/> lockquote>

He added, “As a representative, I can’t face the farmers I pacified anymore. It’s time for Infosys to face the consequences and for the government to reclaim the land that’s rightfully ours.”

The comments come when the Karnataka state legislature has commenced its 10-day budget session starting Monday.

During the discussion, the Minister for IT-BT and and Rural Development & Panchayat Raj Priyank Kharge also pointed out that in cases where land was taken but nothing was done, incentives could be withdrawn in such cases and even withdraw the land in stringent cases.

Meanwhile, Karnataka Industries minister MB Patil assured that he would investigate the issue, stating, “If no progress has been made after land acquisition, we will issue notices and take action.”

Patil is also understood to have ensured jobs for land losers at Taiwanese major Foxconn’s plant in Doddaballapur where 20 million iPhones are likely to be manufactured.





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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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StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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