Software services giant Infosys will expand its operations in Ireland, doubling the number of staff in the country to 500 in three years and setting up its first product-centric research and development centre outside India.
"I am delighted to welcome 250 new jobs at Infosys. This is a vote of confidence in Ireland, our great workforce and our reputation as a hub for technology and innovation," Irish Prime Minister Enda Kennym said.
"The government wants to keep the recovery going by providing the right environment for companies like Infosys to locate, expand and create jobs."
The expansion will see the Bangalore-headquartered firm create up to 95 roles at its first dedicated product-centric research and development (R&D) centre outside India, and open a second Irish facility to house up to 155 people who will provide IT services to Infosys clients.
The new roles are in addition to more than 250 employees that are already working for Infosys in Ireland.
Infosys intends to develop new technologies and support innovation in global financial institutions as part of the expansion plans, which have been supported by Ireland's Department of Jobs through IDA Ireland.
"Much like Ireland, Infosys has based its growth on a foundation of education, lifelong learning and a deep commitment to innovation. Infosys is already working with clients in Ireland helping them explore new ways of working and advancing, by embracing technology-led innovation," Vishal Sikka , CEO and managing director of Infosys, said.
"We want to build on this early success. With an ecosystem of like-minded partners in Ireland, we will pursue new ideas and new ways to solve the greatest challenges of our times the important things that only human imagination and ingenuity can achieve."