Infosys, a global leader in consulting, technology and next-generation services, announced that it will open its next Technology and Innovation Hub in Hartford, Connecticut and hire 1,000 American workers in the state by 2022.

The Connecticut Technology and Innovation Hub will have a special focus on insurance, healthcare and manufacturing. It will bring Infosys closer to its Connecticut clients and serve as the global hub for Infosys' InsurTech and HealthTech efforts. Infosys' investment in Connecticut is a continuation of the company's commitment to accelerate innovation for American enterprise by amplifying top local talent with the best global talent and shrink the IT skills gap in the marketplace.

''We are excited to announce the expansion of our presence in Connecticut and to create 1,000 technology jobs in the state,'' said Ravi Kumar, President, Infosys. ''This investment will further strengthen our ability to serve clients’ needs throughout the New England region and expand the local workforce to help our clients compete in the rapidly digitizing insurance, healthcare and manufacturing sectors. Hartford's position as the Insurance Capital of the World, paired with Connecticut's world renowned academic institutions, will place Infosys in close proximity to valued clients and accelerate the recruitment of highly-skilled local talent.''

Shares of the company declined Rs 4.35, or 0.37%, to trade at  Rs 1,175.85.  The total volume of shares traded  was  11,105 at the BSE (10.05 a.m., Thursday).