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MegadealsSubsidy Tracker Individual Entry
Company: Infosys
Parent Company:
Infosys Limited
Subsidy Source: multiple
Location: Indiana
City: Indianapolis
County: Marion
Project Description: campus near Indianapolis International Airport
Year: 2018
Major Industry of Parent: business services
Specific Industry of Parent: business process outsourcing
Subsidy Value: $101,800,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
: 3,000
Capital Investment: $245,000,000
Source of Data: The value of the subsidy package and the projected job and investment figures came from: James Briggs and Tony Cook, "$101.8M in incentives for Infosys project; New campus to include US education center," The Indianapolis Star (Indiana), April 27, 2018.
Notes: The state package includes up to $56.5 million in various tax credits, up to $6 million in tax credits for capital investment, up to $1.5 million in training grants and $20 million for infrastructure improvements. The city will provide additional $17.8 million in infrastructure improvements and real estate. The jobs are to be created by 2023. Overlap with main Subsidy Tracker data: five 2019 entries from Economic Development for a Growing Economy ($56.5 million), Hoosier Business Investment Tax Credit ($6 million), Industrial Development Project Guaranty Fund ($10 million and $12 million), Skills Enhancement Fund ($1.5 million).
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.
