Infosys Limited has informed the Exchange regarding 'Infosys Announces Expansion of Mohali Development Center'.
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Infosys has broken ground on a major expansion of its Mohali Development Center, adding a new 350,000 sq. ft. Software Development Block with supporting facilities. The expanded campus will seat about 3,000 employees, tripling the current headcount of roughly 1,000 at the Mohali DC. The new block will feature energy-efficient systems, 100% wastewater recycling, smart building tech, and will support work in cloud, AI, and digital transformation for global clients in BFSI, retail, and healthcare. The ceremony was attended by Punjab's Chief Minister and Infosys CFO Jayesh Sanghrajka, highlighting regional government support. Infosys framed the move as part of its AI-first strategy and commitment to local talent in Punjab. No specific investment amount was disclosed in the press release.
Positive for the stock on sentiment — signals capacity expansion, hiring intent, and government goodwill in North India, though no concrete capex figure was shared so the financial impact is limited. For shareholders, it underscores Infosys's continued investment in delivery capacity to capture AI-driven demand.