Infy buys land in China to build own campus

Company to invest $125-150 million to open a development centre in Shanghai; this is the largest investment by Infosys outside India. The Shanghai campus will be spread over 15 acres and developed over a period of three years. Located at Zizhu Science and Technology Park in Shanghai, the campus will have a sitting capacity of 8,000 employees with facilities for software development, labs, data centres, training facilities and food courts. Besides, the campus will have a 1,500-seater auditorium, a gym and recreational centres.

Incorporated in 2004, Infosys China today employs over 3,300 people with about 95 per cent of them being local recruits. In 2011, Infosys China recorded revenues of $78 million