Infosys today announced that it would expand its Corporate Social Responsibility (CSR) activities in the Americas through its philanthropic arm, the Infosys Foundation, USA. It would focus on making quality computer science education widely and easily accessible across communities in the Americas. The company also announced the appointment of Sudha Murty, Vandana Sikka and Sandeep Dadlani as the trustees of Infosys Foundation, USA. The initial outlay for Infosys Foundation, USA, would be USD 5 million per annum.
Commenting on the expansion of CSR activities in the Americas, Sudha Murty, chairperson of Infosys Foundation, said, ''I am delighted at the expansion of our CSR initiatives in the Americas. Infosys Foundation has always supported the cause of promoting quality education and empowering individuals. I am confident that we will leverage Infosys Foundation’s experience in India of imparting technical education to enhance employability.''
Vandana Sikka, chairperson of Infosys Foundation, USA, said, ''Every day we see how computing technology is reshaping the world around us. Computing literacy is becoming increasingly important for an average person to be more productive and valuable to the economy, while purposefully contributing to our future. Through Infosys Foundation, USA, we want to ensure that lack of resources, prior skills and STEM proficiency are no longer barriers for individuals, in the Americas, seeking to advance their computing skills. From enabling computer education in K-12, to supporting research in computer science and empowering adults with IT training that enhances their employability, we will help bring computing literacy to people of all ages, backgrounds and abilities.''
In India, Infosys Foundation supports several programs aimed at alleviating hunger, promoting education, improving health, assisting rural development, supporting arts and helping the destitute. For the fiscal year 2015, Infosys Foundation plans to deploy approximately USD 40 million towards these initiatives in India.
Shares of the company gained Rs 6.6, or 0.34%, to settle at Rs 1,966.40. The total volume of shares traded was 44,399 at the BSE (Tuesday).
