Subsidy 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 
Number of Jobs or Training Slots:
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.
