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Infosys plans to invest Rs. 500 cr. in State

Bhubaneswar: IT major Infosys on Thursday said it would invest Rs 500 crores in Orissa for setting up an SEZ in IT and ITeS sectors and take care of children’s mid-day-meal scheme and healthcare services.

“We have proposed to set up an IT SEZ in Bhubaneswar. The project will require 50 acres of land”, T V Mohandas Pai, Director HR, ER and administration and member of board of Infosys, told reporters here.

Mr. Pai who along with prominent cardiac surgeon Dr Devi Shetty and employment planner Manish Agarwal, met Chief Minister Naveen Patnaik here, said they had made a presentation before the government outlining their development plan for IT sector and allied service in the State.

Mr. Pai who had been funding mid-day meal for 10,000 school children in Nayagarh district, also agreed to extend the programme to Gajapati and Kandhamal districts, official sources said. PTI

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