In a major boost to the state’s efforts of drawing in investments, Microsoft has agreed to bring its next campus of 4,000 employees in Greater Noida, the Uttar Pradesh government announced on Monday.
The virtual agreement by Microsoft India MD Rajiv Kumar took place in a discussion with the state’s MSME minister Sidharth Nath Singh and will be soon be followed by a site visit conducted by Microsoft. The state will roll out the “red carpet” facility to Microsoft to make it easier for the company to do business, Singh said. The government has earlier said it will make it simpler for investors willing to acquire land within 1 km distance on each side of the state’s expressways.
“The company has said that they want to move their North India campus to Greater Noida. The next step will be a site inspection by the team both in Greater Noida and along the Yamuna Expressway followed by their proposal which the state government will examine,” Singh told ET, however, not indicating the scale of the planned investment.
The software major currently has two campuses – of capacities of 5,000 and 2,000 each- in its headquarters in Hyderabad and in Bengaluru. UP on the other hand plans to develop an electronics manufacturing park near the Jewar International Airport along the Yamuna Expressway that connects Greater Noida with Agra and companies planning to start manufacturing will be entitled to subsidies and incentives by the state, over and above what the centre offers. Other companies like Tata Consultancy Services (TCS), WiproNSE -0.02 % and Haier are also in various levels of discussions with the state government of bringing in investment in the Noida/Greater Noida regions.