http://timesofindia.indiatimes.com/articleshow/1368110.cms
source : TimesofIndia BANGALORE: It's beyond Bangalore for Infosys in future. Call it the effect of the Deve Gowda-Narayana Murthy spat or the companys strategy to reduce its costs, Infosys has made it official that its expansion will certainly be outside of Bangalore. Weve no space in Bangalore. Bangalore is a very attractive destination to hire people but we dont have space to add, said T V Mohandas Pai, CFO, Infosys Technologies. The company which holds over Rs 1,600 crore in cash has not been able to strike a land deal for over four years in the city. It is not just the lack of land which is forcing Infy to look at other cities like Chennai and Pune. The company believes that with travel time increasing in Bangalore, it makes sense for it to look at cities which offer better infrastructure. The company has already announced it would have an employee strength of over 50,000 in the near future but its fresh additions would be outside Bangalore. We will build capacity where we can quickly scale up, where there is infrastructure. We have to grow and we will grow where the path is of least resistance," said Nandan Nilekani, CEO and managing director, Infosys. Though Bangalore accounts for 16,000 of its total employee strength of 41,600, its share in expansion has been steadily coming down. Nandan even referred to a survey of Bangalore-based software companies which indicated that most companies would lower their hiring plans for 2006-07 (in the city) when compared with 2004-05. There is a message (in it)," he said. A message no doubt for the state government, too, despite the solace in the fact that Mysore figures prominently in Infosys future plans with a capacity of 4,500 seats. __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/tech4all/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
