Foundation for 'SPICity Phase two' today


Principal Secretary, IT and BT, Ashok Kumar C Manoli will be laying foundation stone for ‘SPICity Phase two’ here on September 16 at 11 am, said CEO and MD, SPI, Sid Mookerji.
Addressing media on Wednesday, Sid Mookerji said the phase two city will be in addition to that of phase one that is functioning since 2006.

New facility

 The new facility is expected to be completed in next 18 months at an estimated cost of Rs 20 crore. It  will be having a capacity to accommodate 1,000 more employees taking the total strength of employees to 2,500 by 2012, he added.

Police Commissioner Sunil Agarwal will preside over the ceremony and Chairman, SPI Board, John Cook is among other dignitaries to be present on the occasion.

Domestic market

Allaying fears about IT growth, Sid Mookerji asserted that the company is growing at a pace, thanks to its unique niche it has been following to move ahead. As many as 600 people have been hired by the company in 2010, he said.

 On future plans, Sid Mookerji said that the company intends to explore domestic market besides focusing on retail. Answering a question, he said that they are studying pros and cons on investing in other cities in Karnataka. Chairman, SPI Board, John Cook also spoke.
VP, Global Head, HR, Solomon Suresh, VP, Girish Karunakaran and others were present.

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