LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » India News

Infosys to set up innovation hub in Raleigh, hire 2k Americans

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Updated: Tue, Sep 12, 2017
09:19 pm
PTI
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

India's second largest software services firm Infosys today said it will set up a technology and innovation hub in Raleigh in North Carolina, where it is expected to hire 2,000 American workers by 2021.

In July, Infosys had announced it will set up a centre in North Carolina as part of its plan to hire a total of 10,000 locals for its US operations in the next two years.

The move was also seen as a bid to woo the Trump administration that has been critical of outsourcing firms for "unfairly" taking jobs away from the US workers.

The first of the four centres -- located in Indiana -- was announced in May this year.

Infosys, in a statement today, said the new hub in Raleigh will open in early 2018 and occupy 60,000 sq ft.

The company plans to hire the first 500 workers in Raleigh innovation hub within two years, with the remainder to be hired in the state by 2021, it added.

Towards its plan of hiring 10,000 people over two years, the company has already hired close to 1,200 American workers, Infosys said.

"The North Carolina Technology and Innovation Hub... will focus on delivering cutting-edge solutions in artificial intelligence (AI), machine learning, data and advanced analytics, cloud and big data," Infosys President and Deputy COO Ravi Kumar said.

He added that the centre will help to serve clients in IT, life sciences, clean technology and advanced manufacturing sectors in a better manner.

Infosys, which employs about 2 lakh people globally, will expand its local hiring in the US as it battles visa-related challenges that often make sending engineers to the US costly.

The North American market accounted for over 60 per cent of Infosys' USD 10.2 billion revenue in the 2016-17 fiscal.

New hires will include recent graduates from the state's prestigious network of colleges, universities and community colleges, as well as local professionals.

Infosys is also partnering with North Carolina Community College System to create a customised programme to train the workforce.

"We plan to include pre-employment training... as well as extensive post-employment training that will focus on technical and soft skills," North Carolina Community College System Vice President of Economic Development Maureen Little said.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

LATEST NEWS

SBI, HDFC Bank, ICICI Bank, Axis Bank to Yes Bank, Maruti Suzuki car finance facility launched; bring home your dream car easily now

PUBG Mobile India launch date: Rumours rage with this announcement; will the Battle Royale Game make comeback? Check latest report

Very important Aadhaar Card Update! Do your Aadhaar-mobile linking by this date or miss a big opportunity

Amazon opens Alexa AI for firms to build their own assistants

World biggest Covid 19 vaccination drive: All you need to know about this mega drive

7th Pay Commission: Apply for 119 Senior Residents posts on aiimsjodhpur.edu.in | Check salary, eligibility and more here

PM Narendra Modi launches world's biggest vaccination drive against COVID-19, Says don't pay heed to rumours—vaccines safe

Budget 2021 Stocks With Anil Singhvi - Prataap Snacks is a stock to buy, says Market Guru; popular brands are Yellow Diamond, Rich Feast and Avadh Snacks

Stocks to Buy: Tata Motors stock on a roll, gains 6 pct on Friday; Know why trends to remain bullish

EPF vs NPS - Budget 2021 Expectations: How FM Sitharaman can make National Pension System money-making machine for employees

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved