Infosys, India’s second-largest Indian IT major, saying that the company acquired 58 acres of land in his home constituency of Hubli-Dharwad West to create a campus and promising jobs but failed to do so.
Addressing the state Assembly on Wednesday, Bellad, who is also Deputy Leader of the Opposition, called it “betrayal at its finest” and demanded the state government take back the land.
According to him, Infosys acquired 58 acres of land in the industrial estate about ten years ago. He further said that the Bengaluru-headquartered IT giant purchased the land which had a market rate of Rs 1.5 crore per acre but paid only Rs 35 lakh per acre to the farmers promising they will set up a campus and provide employment.
However, he claims, the company has not created a single job.
Infosys did not immediately respond to an email seeking comments on the MLA’s statement.
In its annual report released in April 2023, Infosys said, “As part of this strategy, this year, we set up offices in Hubballi, Indore, Navi Mumbai, Nagpur and Coimbatore, in India.”
Further, posting his video on microblogging website X (formerly Twitter), Bellad said, “@Infosys promised jobs, but all we got were empty #promises and trees. #Infosys #Hubli was granted 58 acres of land which is