Infosys to Build $245 Million Campus, Hire 3,000 Americans in Indianapolis
“Today’s announcement is a tribute,” U.S. Vice President Mike Pence said over Infosys' decision to build an airport campus in Indianapolis.
Indian technology major Infosys will train and hire 3,000 American workers at its United States Education Center in Indianapolis by 2023, according to a filing made by the company with the Bombay Stock Exchange.
Infosys also plans to hire and train 1,000 American workers over the next two years and invest in training to ensure that the U.S. workforce has the essential skills required for digital economy, according to the company’s filing.
“Infosys will provide an initial investment of $35 million to create the first 1,25,000 sq. ft. of development to transform the 70.5-acre site at the old Indianapolis airport terminal into its U.S. Education Center,” the company said, the Hindu reported.
“Today’s announcement really is a tribute,” United States Vice President Mike Pence said in a press conference announcing Infosys’ decision to build a $245 million airport campus in Indianapolis on April 26, according to Indianapolis Business Journal. “It’s a tribute to a great company. It’s a tribute to a great state and the leadership of a great state at every level. But I also believe it is a tribute to the agenda that President Trump has been advancing with strong support on Capitol Hill from very early in this administration.”
— Vice President Mike Pence (@VP) April 26, 2018
Infosys president Ravi Kumar said on April 26 that the initial construction will be a 250-person residential facility on the site near the old Indianapolis airport terminal. Ultimately, the project, which will be developed in phases over the next several years, is expected to be a $245 million, 141-acre campus with 786,000 square feet of facilities.
“Today’s announcement with Infosys is a big win — not just for Indiana but for the nation as a whole,” said Governor Eric J. Holcomb.
“Infosys’ state-of-the-art training facility will teach thousands of folks across America right here on Indiana soil. And, it will help prepare more current and future Hoosiers (a person from the State of Indiana) for success in our rapidly evolving, global economy,” he said, according to the Hindu.
Kumar told IBJ that the decision to scale up in the United States was taken to be closer to the clients. The company — India’s second-largest software services exporter — is also receiving federal tax cuts in the country. They will be saving $225 million by 2021.
Indian IT giants such as Infosys, TCS and Wipro are rapidly following the United States’ Hire American plan. Infosys announced on March 14 that it will be opening a new office at Hartford, Connecticut, for which it will hire 1,000 American citizens by 2022.