Infotech Enterprises new campus at Electronic City, Bangalore

Infotech Enterprises Ltd has announced that a "Bhoomi Pooja" was performed at the hands of Mr. B V R Mohan Reddy Chairman & Managing Director of the Company in the Electronic City, Bangalore on August 19, 2006 for their campus.

While thanking the Karnataka Government for allotting a two acre land in the Electronic City, Mr. Ashok Reddy EVP (Corporate Affairs) said that the Company has plans to immediately start building a facility (Phase-1) with 1 lakh sq ft area which can house about 700 workstations.

In keeping with the growth trend of Infotech’s business, we have further plans to build another facility (Phase-II) of an additional 1 lakh sq.ft area in the same Campus to house more later, Mr. Reddy emphasised.

The new facility (Phase-I) will be a truly world class model and will have Audio Visual Conferencing facility, Learning centers, Cafeteria and accommodation to meet the needs of the frequently visiting global officials, these facilities will be set to global standards and will be ready for occupation by end of 1 quarter of FY 2007 - Mr. Reddy concluded".

At present, the Company has three rented facilities in Bangalore which houses about 400 associates for different customers.

Source : Equity Bulls

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