Nucleus Software announces new campus in Jaipur

Nucleus Software Exports Limited, a leading global provider of integrated software products for banks and financial institutions, on Saturday announced the foundation stone laying ceremony at its state of the art Jaipur campus of its wholly owned subsidiary, Nucleus Software Limited. Nucleus Software Limited had acquired 17.41 acres of land in the IT/ITES SEZ of Mahindra World City, Jaipur and is developing the land as a co developer with requisite Government approvals. In the first phase, the company will set up its unit on an area of 2.87 acres of land and will have a seating capacity of 250 personnel with an expected investment of Rs. 5 crore.
Speaking on the occasion, Vishnu R. Dusad, CEO and MD, Nucleus Software Exports Limited said, "The new centre is not only a significant milestone for the company, but also a stimulant for the development of the IT ecosystem in the city. We look forward to assisting the government in its ongoing efforts towards the development of the city's infrastructure and talent pool, to help position Jaipur as the preferred IT destination among the tier II cities." This first unit of this campus will be operational in the first quarter of calendar year 2011.