Infosys to invest $176 m in Mysore

Infosys plans to invest Rs 809 crore (Rs 8.09 billion)on expanding its global education centre in the next one year, company executives said.

Over the next one year, the NASDAQ-listed firm planned to set up a new 9,000-seat training facility here, which would enable training of 13,500 individuals in a single sitting, they said.

An additional 7,750 hostel rooms were under construction, making it a total of 10,000 rooms. "When fully completed it will house five food courts, one employee care centre, one multimedia centre making it undoubtedly the largest training facility in the world," an official said.

The company's Mysore campus is spread over 335 acres and it currently has 6,378 employees. It has three million square feet of built up area, and work is in progress to build another 3.2 million square feet.

Planning Commission Deputy Chairman Montek Singh Ahluwalia inaugurated the company's fourth software development block in Mysore on Monday. The block is set up with an investment of Rs 85 crore (Rs 850 million). It can seat 2,500 people.