Infosys Technologies Ltd. said on January 16 it plans to invest 1.5 billion rupees ($34 million) in the southern Indian state of Kerala in three phases and raise its headcount there by 3,750 people.

Bangalore-based Infosys, which started operations in Kerala in 2004 and now has 550 employees there, said it plans to invest 500 million rupees in the first phase to set up a campus in Thiruvananthapuram with a capacity for 1,250 people.

In the second and third phases, Infosys will spend another 1 billion rupees to raise capacity by another 2,500 seats, it said.

(www.financialexpress.com)