Infosys to set up new Mohali campus with ₹300 crore investment, create 2,500 jobs

Indian IT major Infosys is expanding its presence in Punjab’s Mohali with a new campus at an estimated investment of ₹300 crore.

Addressing the media in Mohali, Punjab Industry Minister Sanjeev Arora said the campus will come up on 30 acres of land.

“In the first phase, 3 lakh square feet of area will be constructed,” he said, adding that the project will generate 2,500 new jobs in the city.

The next phase will see the development of an additional 4.8 lakh square feet.

Arora said the state government’s push for faster approvals and investor-friendly initiatives has helped Punjab attract major investments.

“We are giving approvals to industrial projects in 45 days. We are happy to state that investors are keen to invest in Punjab,” he added.

Sameer Goel, head of the company’s Mohali centre, said the firm has received strong support from the state government.

"We have been in this region for quite some time. We are happy that we are expanding our presence in the region," Goel said.

Earlier this month, the IT major’s board of directors approved its largest-ever share buyback programme worth ₹18,000 crore, under which the company will buy 10 crore fully paid-up shares at ₹1,800 per share, a 19.22% premium to the September 11 closing price.

Market experts say the move signals strong confidence in Infosys’ long-term growth prospects and shareholder value creation.

The company’s board is scheduled to meet on October 15 and 16, 2025, to review quarterly results and may also consider an interim dividend. This would follow the final dividend of ₹22 per share already paid to investors.