State Pitching Infosys on Indiana Campus
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndian tech giant Infosys will soon announce the initial location of a tech and innovation hub in central Indiana, which the company says could eventually employ 2,000 workers. And state officials are pitching the company on an idea that could mean even more jobs. Indiana Secretary of Commerce Jim Schellinger says Infosys is currently eyeing six sites in metropolitan Indianapolis, including at least one in Carmel, and will make a decision "very soon" on office space. Last week, the company announced the Indianapolis region will be one of four U.S. tech hubs that will create 10,000 jobs over the next two years.
In an interview on Inside INdiana Business Television, Schellinger said he is hopeful the company will make the Indianapolis area its central campus in the United States.
In making the announcement May 2 at the Indiana Statehouse, Chief Executive Officer Vishal Sikka called the decision to locate a hub in Indiana "a testament to Indiana’s skilled work force and its education system." The company plans to draw from experienced technology professionals as well as recent university and community college graduates and hire 100 associates by the end of this year and another 400 in 2018.
"Training is very big for them," said Schellinger, who has visited Infosys campuses in Bangalore and Mysore, India, where the company trains more than 14,000 workers.
Schellinger believes a central Indiana campus would serve as a magnet for tech talent and add to the company’s footprint and investment. "We think we have the workers to train," said Schellinger.
The Indiana Economic Development Corp. plans to offer Infosys up to $15,250 in conditional tax credits per new job created, which would total about $31 million if the company hires and trains all 2,000 workers as planned. The organization also will consider up to $500,000 in training grants.
Infosys was founded in India in 1981, and has grown to have a presence in more than 50 countries, including 18 offices in the United States. The company employs more than 200,000 employees and reported more than $10 billion in revenue in 2016.