Infosys Adding 1,000 Jobs In Indiana
Indian IT company Infosys said it was increasing its hiring in Indiana from 2,000 to 3,000 workers by 2023. It will also invest $35 million to set up a training center in Indianapolis for U.S. workers.
Indian IT company Infosys is setting up an education center in Indianapolis, and will hire 3,000 people in Indiana by 2023. In this photograph, an employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, India, Feb. 28, 2012. Photo: REUTERS/Vivek Prakash |
Indian IT company Infosys announced Thursday it would create 1,000 additional jobs in Indiana by the end of 2023, expanding its hiring plan in the state from 2,000 to 3,000 new jobs. The company also said it would make an initial investment of $35 million in Indianapolis to set up a training center for its U.S. workers.
Eric Holcomb, governor of Indiana, posted a number of tweets about the news Thursday, from the announcement event where Vice President Mike Pence — who is from Indiana — and Secretary of Labor Alexander Acosta were also present, along with company executives.
Great to have @VP here to join us for this exciting announcement that will impact Indiana for generations. pic.twitter.com/IdJxjWgyeM
— Eric Holcomb (@GovHolcomb) April 26, 2018
Big economic news for central Indiana! Watch live: https://t.co/g87b7n5Qm4
— Eric Holcomb (@GovHolcomb) April 26, 2018
.@Infosys will transform Indiana’s landscape with this world class tech & innovation hub & creating up to 3,000 jobs by 2023. pic.twitter.com/Y7mahjB0sK
— Eric Holcomb (@GovHolcomb) April 26, 2018
The state-of-the-art tech & innovation campus @Infosys is building will attract people from all over the state & nation. pic.twitter.com/z4YaUqVuep
— Eric Holcomb (@GovHolcomb) April 26, 2018
In a statement, Holcomb said the training facility “will teach thousands of folks across America right here on Indiana soil. And, it will help prepare more current and future Hoosiers for success in our rapidly evolving, global economy.”
The training center will have a space of 125,000 square feet, and come up in the 70.5 acres of land that was the old Indianapolis airport terminal. Construction of this first phase of the center will begin in 2018, and likely be completed before the end of 2020, according to Infosys.
The corporate training facility he referred to is in Mysore, India, near the Indian IT hub of Bangalore.
Thanks @VP for such a warm welcome to Indiana today! @Infosys looks forward to bringing jobs and skills to America, and to building a bright future together. https://t.co/aYjYKSAWJ4
— Ravi Kumar S (@imravikumars) April 26, 2018
Infosys employs over 200,000 people across the world, most of them in India. In mid-2016, about 20,000 of its workers were in the United States, of which roughly 4,000 were U.S. citizens. In May 2017, the company announced it would hire 10,000 U.S. citizens over the course of two years, and open four new technology and innovation hubs in the country as well.
The hub in Indiana is the first of those four, and was supposed to create 2,000 jobs by 2021, a number which has now been increased to 3,000, while also moving the date for achieving it by another two years. The company is being given over $100 million in incentives and subsidies by the state of Indiana and the city of Indianapolis for the project.
“We’re thrilled to announce that we’ll build our U.S. Education Center in Indianapolis to train American workers & arm them with skills for the digital future. We’re working with @GovHolcomb to make #Indiana the tech capital of the Midwest.” @imravikumars https://t.co/cjIsqa9SSk pic.twitter.com/qqeBeB4BlV
— Infosys (@Infosys) April 26, 2018
Most of Infosys’ existing offices and development centers in the U.S., other than the hubs it announced in 2017, have between 100 and 200 employees. The other three hubs are to come up in Connecticut, North Carolina and Rhode Island.
The move by Infosys has been seen by many analysts as placating the Trump administration, which has clamped down on H-1B work visas that companies like Infosys have typically used to staff their U.S. operations with Indian workers. The company says difficulties with the visa program did not influence its decision about its U.S. operations in any way.
On the New York Stock Exchange, the Infosys stock closed Thursday trade 1.42 percent higher. Shares of Infosys were trading about 1 percent higher on the National Stock Exchange and the Bombay Stock Exchange in India on Friday afternoon, an hour before closing of trade.
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