Infosys Campus may Shift to New Location. Govt. to take Decision within 10 days.
THE Andhra Pradesh government is busy finding an alternate location for the proposed Infosys campus in the city. According to a senior government official, the matter is expected to be sorted-out soon as the government is thinking of shifting some other project to accommodate the big-ticket Infosys campus. “The issue will be sorted out in 10 days. It may be difficult to find 550-acres land near the city. If the situation demands, we will also look at shifting some other projects to accommodate the Infy campus,” said the official.
IT bellwether Infosys in March last year had signed an agreement with the state government for setting up a 550-acre campus at Mamidipalli near the new international airport in Hyderabad. The company, however, shelved its plans after realising that 100 acres of the 500-acre plot was allotted to IMG Bharata. “It is only after the allotment that we realised that 100 acres are overlapping with the proposed project site of IMG, where it was planning to set up an international sports complex and academy. But the matter is now sub-judice as the state government had decided to cancel the IMG project,” said the official.
IMG case is scheduled for hearing on Monday. “We are hopeful that the verdict will be in our favour. If there is an adjournment or an adverse verdict, we will think of shifting some other project near the city to accommodate the Infy campus,” the official added. According to him, the proposed Infy campus is considered to be one of the largest IT campuses in the country. “The company was planning to invest over Rs 1,200 crore and we don’t want such a big project to slip out of the state,” he pointed out.
