Infosys to add 5,000 employees at Pune centre

Software major Infosys Technologies on Monday announced that it plans to ramp up its operations in Pune with an investment of Rs 250 crore (Rs 2.50 billion).

According to a release issued to the Bombay Stock Exchange, the company, which already owns 25 acres of land at Pune Infotech Park, Hinjewadi, acquired 100 acres of land in Phase-II of the Infotech Park.

The expansion, the release said, will enable the centre to house an additional 5,000 software professionals.

The Pune centre currently employs 2,200 people, and generated revenues of Rs 380 crore for the year ending March 31, 2003, the release said.