The deal which was to be signed between MADC and Infosys for acquiring 100 acres of land in MIHAN-SEZ has been held up as negotiations are still on the way. The Infosys team wants MADC to cancel requirement for completing the construction work within 3 years.
After Tata Consultancy Services, it is Infosys which is coming to Nagpur.
U P S Madan, Managing Director MADC to sign a pact with Infosys for 140 acre land in MIHAN-SEZ on 1st February 2012. This move will serve as a boon for IT professionals as they will get more job opportunities at Nagpur.
Maharashtra Airport development Company ( MADC ) has been facing investment problems in the MIHAN project since the global recession in the year 2008. MADC is looking for fresh investors in the zone. It has established talks with Infosys, the IT giant to invest in SEZ nagpur. Infosys has shown interest and wants to acquire 100 acres of land in the SEZ on the condition that they are offered a discount in leasing of land.