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Corporate Aug 16, 2012

iGate to invest over $1 mn in US; will create 250 jobs

New Delhi: IT firm iGate today said it will invest $1.0156 million to establish a new facility in Loudoun County, US, which will create 250 new jobs over the next 2-3 years.

The company will perform a wide range of technology consulting services for government agencies and businesses, and will offer design-build-operate-maintain services for federal government projects, iGate said in a statement.

"We have been impressed with the business and government leaders in Virginia, the high caliber of the workforce, the excellent quality of life, and we look forward to positive,
long-term growth and involvement in this area," iGate Chief Delivery Officer Sean Narayanan said.

Reuters

The Virginia Economic Development Partnership worked with Loudoun County to secure the project for Virginia. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support iGate's recruitment and training activities.

"With more than 900 federal government contractors located in Loudoun, and with almost 20 percent of the county's workforce employed by the information and communications technology industry, doing business in Loudoun makes perfect sense for a company like iGate," Loudoun County Board of Supervisors Chairman Scott K York said.

PTI

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