The Telangana government and Infosys have agreed to strengthen their strategic partnership with the expansion of the company’s IT campus at Pocharam in Hyderabad.
The announcement was made on Thursday at the World Economic Forum in Davos, Switzerland, following the meeting of Infosys CFO Jayesh Sanghrajka with the IT and Industries Minister of Telangana D Sridhar Babu.
The expansion plan is expected to create an additional 17,000 jobs in the Pocharam campus, where Infosys already employs over 35,000 people, making it one of their largest campuses in the country.
With an investment of Rs 750 crore, the construction of the new IT buildings in phase 1 will be completed in the next 2-3 years and will accommodate 10,000 people.
“Our partnership with the Government of Telangana reflects our shared vision of driving innovation, empowering communities, and strengthening the IT landscape,” said Sanghrajka.
During meetings with investors in Davos, the Telangana team led by Chief Minister A Revanth Reddy also signed an MoU with JSW to establish an Unmanned Aerial Systems (UAV) manufacturing unit in the state.
Reddy, after the signing of the MoU, said, “Hyderabadand Telangana, was long positioned in the global market as a software and pharma leader. With a clear vision and diligent efforts, we are now establishing Telangana as a clear leader for investments in manufacturing across sectors, ranging from semiconductors, defence, and private spaces to FMCG. My government’s efforts to position Telangana as a preferred option for the world for its China Plus One strategy has started bearing results.”
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JSW UAV Limited, a subsidiary of JSW Defence, in collaboration with a leading US-based defence technology company, is set to invest approximately Rs 800 crore in the project. This initiative is expected to generate over 200 “high-value” jobs.
© The Indian Express Pvt Ltd
