Satyam Computer Services is extending its presence in Tamil Nadu by committing an investment of Rs 800 crore to expand operations in Chennai and open a software development centre in Madurai.
The Madurai centre, located on 50 acre of land on Theni Road, will start operations with about 3,500 people on its rolls. The land has been sanctioned by the Electronic Corporation of Tamil Nadu (ELCOT) under its IT and ITES SEZ development plan.
Subu D Subramanian, director and senior vice-president (manufacturing and automotive business group), Satyam, said the company is also in the process of expanding its Chennai operations by building its own campus at the ELCOT SEZ in Sholinganallur.
The first phase of the project is expected to be completed and operational by the middle of 2008 and will accommodate about 1,500 people, Subramanian said. Two more phases of the campus will be completed over the next three years with a total capacity for 10,000 people, he added.
Satyam currently operates out of 8 lakh sq feet of space at nine centres in Chennai with 8,000 people on its rolls. Source:business-standard
