Colleges, Talent Led Infosys to Indy

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INDIANAPOLIS -

The chief executive officer of India-based Infosys (NYSE: INFY), which is planning to create up to 2,000 jobs at a new hub in Indianapolis, says Indiana features a "great university ecosystem" and has a strong pipeline in place for high-tech jobs. Vishal Sikka says plans call for a training facility that is designed for "zero distance" between the Infosys work force and customers in some of Indiana's key industries: manufacturing, life sciences, insurance, financial services and health care. During a news conference Tuesday morning outlining the $9 million investment in central Indiana, Sikka said the company's U.S. expansion began three years ago.

Sikka and Infosys President Ravi Kumar told Inside INdiana Business Indiana is an ideal spot for the company to grow.

The global company is being offered a conditional incentive package through the Indiana Economic Development Corp. that could total some $31 million. The announcement in Indianapolis marks the first of the four new Infosys centers planned throughout the U.S. that could create a total of around 10,000 jobs in two years.

Indianapolis Mayor Joe Hogsett says the Infosys expansion "has the potential to fundamentally change the landscape of our local economy." He adds "this announcement also highlights the national and international attention that the Indianapolis area is attracting as a growing technology hub, and I look forward to continued conversations with Infosys and our local team at Develop Indy to find new and exciting ways to grow their footprint in our city over the coming years."

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