At a time when IT services are reeling under pressure, India’s second largest IT exporter Infosys is eyeing expansion in North and Central India with opening up of new facilities. It further plans to increase its staff over a period of time.
“We are coming up with new facilities in Mohali, Noida, Nagpur, Indore and Hubballi. We will start with one portion of these projects, which are expected to be ready by January, and then complete the entire construction back-to-back,” said Ramadas Kamath U, Infosys executive vice-president — facilities, administration, security and sustainability.
On May 7, 2016, DH had reported Infosys game plan to open a unit at Hubballi. “The Mohali facility can accommodate 5,000 seats, Indore and Nagpur will have 3,000 each. We are planning to open these centres by activating a portion, which can accommodate 250 seats each. By March 2017, the phase-I will be ready at Hubballi with 3,000 seating capacity,” said Kamath.
With the addition of these new five centres, Infosys will cross the target of two lakh employees by mid-2017. India’s largest IT services company TCS has 3,62,079 employees.
Besides its corporate headquarters at Electronics City, Infosys has eight offices in Bengaluru. While the company has three offices in Pune, it has two offices each in Chandigarh,Chennai, Mangaluru and Thiruvananthapuram.
KEF Infra, the infrastructure arm of Singapore-based diversified group KEF Holdings, will be constructing new projects at Mohali, Noida and Nagpur with a total space of 1,25,000 square feet each for the IT major.
During the FY17 Q1 results announcement, Infosys declared that its has a total headcount of 1.96 lakh with attrition rate rising to 15.8%. Analysts find that the company is going through a bad phase with the global technology churnings and an adverse business environment.
“The company had confirmed the loss of a contract with the Royal Bank of Scotland (RBS) and declared redeployment of 3,000 employees,” says an analyst.