Click to play videoBangalore: Bangalore can soon lose its tag as the country's IT hub. Plagued by government delays, the city is rapidly losing out on crucial investments. Infosys' new futuristic campus in Bangalore could well be its last in home-town Karnataka.
The IT major says it is now almost giving up on its 4-year-long pending proposal to develop another campus at Sarjapur in Bangalore. The government approvals for the land have been extraordinarily delayed. Besides, the company has been asked to put in its own infrastructure, which would drive up costs by 10 per cent.
Senior Vice President and Head of Infrastructure at Infosys Ramadas Kamath said, "There is a major problem which we are envisaging in terms of road connectivity, second is water, both are not there right now. The government has promised both, but there is absolutely no positive sign. We are waiting and watching."
Infosys is looking to invest close to Rs 1,000 crore on 60 acres in phase 1 of its Sarjapur campus, but rather than waiting inordinately, they are looking at expanding other centres outside Karnataka.
Similarly sources at Wipro say they are willing to invest close to Rs 500 crore on 1.5 mn sq ft in phase 1 on 12,000 to 15,000 seats at a proposed campus at Sarjapur, but they have been awaiting government clearances, with sources saying that land approvals in the state are extremely slow.
Hariprasad Hegde, Global Head, Operations and Head of Water Business, Wipro, said, "Rajahart is about 50 acres. We can triple our capacity in that campus."
Next month, Infosys too will take over 50 acres at the same Rajahart area in the outskirts of Kolkata. Both the companies are also looking at expanding in Tamil Nadu and Andhra Pradesh. It may be seen as an advantage for other states, while the latest Karnataka government dillies and dallies.
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