Infosys Inks MoU With Madhya Pradesh Government (01-Feb-2012)
IT major, Infosys has signed a memorandum of understanding (MoU) with the Madhya Pradesh government for investing Rs 600 crore in its proposed unit in Indore as the state government has decided to provide 130 acres to Infosys on a 33-year lease. The company is establishing the facility at the Super Corridor in Indore. This unit will generate over 13,000 jobs.
The company plans to complete the project within five years. The MoU was signed at the state mantralaya by the Secretary IT, government of Madhya Pradesh, Hari Ranjan Rao and Infosys Vice-President, Chandraketu Jha in the presence of Chief Minister Shivraj Singh Chouhan and Industries Minister, Kailash Vijaywargiya.
Recently, Infosys has entered into a multi-year Transformation and Business IT services pact with Syngenta AG, one of the world leading agribusiness companies based in Switzerland. The contract that will provide consistency and predictability of service delivery, Infosys will consolidate Syngenta's Global Business IT services landscape under a single shared services engagement.
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