NOIDA: Come 2015, Noida is set to get an IT landmark — an Infosys campus. Uttar Pradesh infrastructure and industrial development commissioner (IIDC) Alok Ranjan said the IT giant was headed for Noida with an investment of Rs 1,354 crore. Land has already been allotted and the company is set to begin operations within a year.
“We had reserved 3,04,000 sq m of land for industrial development,” Ranjan said at a meeting with the Noida, Greater Noida and Yamuna Expressway authorities. “We expect the industries coming here to generate nearly 40,000 jobs and bring investments worth Rs 28,000 crore,” Ranjan said. “This will not only improve infrastructure but also improve industrial growth in the state.”
Infosys has been allotted 1,00,000 sq m of the earmarked land. “The allotment process is almost complete,” the chairman of the three authorities, Rama Raman, said. “The value of the land allotted to Infosys is Rs 100 crore while the cost of the total 3,04,000 sq m is Rs 2,600 crore.”
Besides Infosys, 14 others will be allotted land. In all, 37 companies sent in applications . Those approved include JDS Apparels (Ritu Wears), Kent, Havells, Mothersons and National Buildings Construction Corporation.
“Talks are on with IBM, Samsung and others keen to invest in UP. We expect talks to materialize over the next few months,” Raman said.