Shortage of cement comes hits Infosys' expansion programme

Subscribe to Oneindia News

Bangalore, Oct 11 (UNI) Shortage of cement and construction labour had hit the plans of IT giant Infosys' expansion programme as it's plans to complete 7200 rooms in six million sq ft built up area by the year end will not be achieved.

Speaking to newsmen during the announcement of the Q2 results in which the IT bellwether's revenues grew to Rs 4106 crore, Director (Human Resources) Mohan Das Pai said the company did not face any resistance from the locals unlike in the case of building of SEZs or setting up of retail market chain by the corporate sector.

The IT major already has 80,000 employees on its rolls and plans to employ a further 13,500 more, mainly software professionals, by March next year.

The work on Infosys' ambitious Mysore campus, where it already have the Asia's biggest training centre, as well as in Pune was behind schedule due to shortage of cement, he said.

"The cement prices have soared during the last one year and there is severe shortage of supply in the two cities. The prices has spurted from Rs 200 to Rs 270 per bag within six months. But even if you are ready to pay the higher price there is no availability of stocks," he said.

MORE UNI

Please Wait while comments are loading...