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Infosys building $35 mn education centre in US
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SME Times News Bureau | 17 Nov, 2018
Infosys began constructing its US Education Centre at Indianapolis in
mid-west Indiana state for its employees at a cost of $35 million (Rs
252 crore), said the global software major on Friday night.
"The
upcoming training campus and residential centre will prepare the
American workforce for the technology jobs of the future," said the
city-based IT firm in a statement here.
The 125,000-square feet
innovation centre is located on a 70.5-acre land on the west side of the
city on the old Indianapolis airport terminal. It will house its
employees and that of its select clients.
The first phase of the project is expected to be completed by 2020.
"The
centre will be a symbol of our commitment to train American workers as
learning and reskilling are core components of our DNA," said Infosys
Chief Operating Officer U.B. Pravin Rao on the occasion.
The
$11-billion outsourcing firm committed on May 2, 2017 to hire about
10,000 American techies to bridge the IT skills gap in the United States
and set up six technology-cum-innovation hubs across North America by
2022-23.
The first hub was opened at Indianapolis in March where
it plans to hire about 3,000 Americans by 2023. It has hired about 300
so far this year.
Global clients across the US account for about 60 per cent of the company's software export revenue annually.
"The
education centre represents expansion of our investment in the US and
helps us contribute to a vibrant community for all Hoosiers (residents
of Indiana state)," said Infosys President Ravi Kumar in the statement.
The
hi-tech facility will also prepare the company's American employees to
master advanced skills required to succeed in digital future.
"As
a state, we are proud to host the Infosys' U.S. Education Centre and be
a hub for technology skills training for workers across the counry,"
said Indiana Governor Eric J. Holcomb at the ground-breaking ceremony of
the project.
"Today's ground-breaking is not just a celebration
of Infosys' growing presence in our community but a celebration of the
transformative potential of this state-of-the-art training campus for
the west side of Indianapolis," said Indianapolis Mayor Joe Hogsett.
The
company's other technology hubs in the US are at Raleigh in North
Carolina, Hartford in Connecticut, Richardson in Texas and Phoenix in
Arizona. It also has a design centre at Providence in partnership with
the Rhode Island School of Design.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
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56.85 |
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