Offering employment to 8,000 professionals collectively, the IT majors- TCS and Infosys - are eyeing completion of their first phases of Indore campuses by mid-2016 and 2017, respectively.
At present, Rs 500 crore project of the TCS is awaiting approval for the master plan of the city campus and then it would apply for securing the building permission for the first phase structures.
An officer from the company wishing anonymity told dna that master plan approval is expected by December-end and the subsequent building permission would probably require another months before the project takes off.
The first phase of the 100-acre project, would offer jobs to 5,000 professionals and is expected to be completed by June 2016, the officer said adding that the complex would be a high rise one and not a low rise structure, reported by a few media reports. The campus will comprise software engineering blocks, training facilities, amphitheatre, and other facilities to offer a holistic environment to knowledge professionals, according to the company.
However, the company still requires a NoC over height of its high rise structure from the Airport Authority of India (AAI), official sources claimed.
Meanwhile, another IT giant Infosys which has submitted its plan layout with Town and Country Planning (TnCP) through SEZ Development Commissioner Indore’s office couple of days ago and plans completion of the first phase of Indore campus by mid-2017.
As part of the first phase projects, the company would construct 54-metre high Software Technology Park (STP), having three blocks of nine floors each. Besides, the company would construct a utility complex and parking facility, an official source said.
The first phase from the Infosys would offer direct employment to 3,000 persons.
The company will be developing the SEZ in a 130 acre area and is likely to be operational within 4-5 years with an investment of Rs 450 crore.