MindTree to invest $45-mn in development centre

Chennai: MindTree, a Bangalore-based information technology company, will invest $45 million (Rs 180 crore) in its new software development centre at Mahindra World City SEZ in Maraimalai Nagar, 45 km from Chennai.

‘MindTree Coromandel’, will be housed in a 2.80 lakh sq ft facility which has a capacity to seat 2,800 employees. Chennai will be the second most important centre after Bangalore, according to Mr Ashok Soota, Chairman and Managing Director. “This expansion is a symbol of our growth.”