INFOSYS Development Centre at CTP
Information Technology giant Infosys will set up a 2400 persons software development centre at the upcoming Chandigarh Technology Park. Infosys, which will set up a campus spread across 20 acres, handed over the first instalment towards the cost of land on 24th May, 2004. A Cheque of Rs 3 crore was handed over to the UT Administrator , Justice O.P. Verma ( retd), by the vice-presidentof Infosys, Mr. H. R. Binod. The Infosys team also met the Adviser to the Administrator, Mr Lalit Sharma, the Finance Secretary-cum-Secretary IT, Mr. Karan Avtar Singh, and the Director, Information Technology, Mr. Vivek Atray.
Construction at the 20-acre site is to start by July this year. During the first phase, Infosys will employ 600 professionals. The first phase is to be completed by April, next year. Infosys is the anchor company for Chandigarh Technology Park which is spread over an area of 111 acres. An MOU was earlier signed by Infosys with Chandigarh Administration in this regard. Meanwhile, DLF Limited is constructing the ready-built space, which will be on offer to companies. About 6 lakh square feet of space will be on offer from July 31, this year.