IT major Infosys has signed an MoU with Madhya Pradesh government committing to invest Rs 6bn on its proposed unit in Indore which will generate over 13,000 jobs, according to reports.
Reports stated that Memorandum of Understanding with Infosys would encourage more investment in the state.
The state government has decided to provide 130 acre land to Infosys on 33-year lease, says report.
There are reports that the project will be completed in the next five years.