Jaipur, India - August 29, 2008
Phase 1 completed with an investment of Rs. 171 crore
Infosys BPO Ltd (Infosys BPO), the Business Process Outsourcing subsidiary of Infosys Technologies Ltd (Infosys), today announced the inauguration of its second BPO campus at Mahindra World City, the Special Economic Zone (SEZ) in Jaipur, Rajasthan. The Honorable Chief Minister of Rajasthan, Smt. Vasundhara Raje was the Chief Guest. She was accompanied by Dr. Digambar Singh, Minister of Industries, Government of Rajasthan. Infosys' CEO and MD, Kris Gopalakrishnan and Member of The Board, Mohandas Pai, along with CEO and MD of Infosys BPO, Amitabh Chaudhry, were also present.
Speaking on the occasion, Kris Gopalakrishnan, said, "Jaipur is becoming an exciting destination for the IT-ITES industry. The Honorable Chief Minister, Smt. Vasundhara Raje has proactively put in place progressive policies and has invested in infrastructure to ensure rapid growth. Our investment in the second campus firmly establishes Jaipur as a significant center for Infosys. We are extremely happy to be in Jaipur and acknowledge the support and encouragement of the state government."
The new campus at the SEZ at Mahindra World City, Jaipur, will be spread over 42 acres with a total investment of Rs. 531 crore to be made in phases. In phase 1 of its construction, the company has made an investment of Rs. 171 crore, creating a built-up area of 3,69,100 sq. ft and a seating capacity of 3,200.
The Jaipur Campus has been built on the best global environment standards to ensure efficient consumption of energy per square foot and the least carbon footprint. The campus is designed as a green building to meet the gold/platinum rating standard of LEEDS. As a part of Infosys' drive to become carbon neutral, this campus will have 49% of the total area as the green belt. Green sourcing practices, integrated water management, and adoption of environment-friendly refrigerant are among the many initiatives that Infosys has undertaken to help control global warming and ozone depletion.
The first Infosys BPO campus at Sitapur has been operational since August 2006. This center has seen an investment of Rs. 22.77 crore, a built-up area of 78,000 sq. ft and has a seating capacity of 890.
At the inauguration, Amitabh Chaudhry said, "We are pleased with the quality of work that is delivered from our Jaipur operations. The new campus in the SEZ at Mahindra World City reiterates our belief in the talent in the city and this region."
Infosys BPO works with universities in Rajasthan through 'Project Genesis', a program to enhance skill-sets in students and make them industry-ready. Since October 2005, Infosys BPO has worked with 229 lecturers in 110 colleges and imparted training to 3,250 students in industry-relevant skills including language, presentation, and analytical skills.
Infosys' Campus Connect Program has partnered with 32 engineering colleges in Rajasthan. This program is aimed at enhancing the employability of the talent pool. As a part of this program, Infosys has trained 120 faculty members and 1914 students in Rajasthan.
The Special Training Program (STP) enables MCA and engineering graduates, from socially disadvantaged sections, to compete on an equal footing in the job market. This program has successfully partnered with Malaviya National Institute of Technology (MNIT), Jaipur, and is training the first batch of 31 students in Computer Science and Software Engineering.
Infosys BPO Ltd. ( www.infosys.com/bpo ), the Business Process Outsourcing subsidiary of Infosys Technologies, was set up in April 2002. Today, it is ranked among the leading BPO companies in India by NASSCOM, Dataquest, the International Association of Outsourcing Professionals, Red Herring, FAO Today, NelsonHall, and others. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, Czech Republic, China, Philippines, Poland, Bangkok and Mexico and employs 17,238 people. It closed FY 2007-08 with revenues of $250.3 million.
Infosys (NASDAQ: INFY) defines, designs and delivers IT- enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 1,00,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ- 100 Index and The Global Dow. For more information, visit www.infosys.com
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31, 2008, and our other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.