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Indian investment boosts high tech innovation in NSW

29 July 2022
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Sydney continues to cement itself as Australia’s leading digital hub with the opening of Infosys’ first NSW-based Living Lab in North Sydney, with the NSW Premier visiting the headquarters and laboratory of the global leader in next generation digital services and consulting, to see first-hand the digital innovation and experiences heading to NSW.
 
NSW Premier Dominic Perrottet made the announcement today as he toured the Infosys Living Lab and Campus in Bengaluru and said the Sydney opening is a prime example of NSW continuing to attract cutting-edge innovation to the state.
 
“NSW has established itself as the innovation capital of Australia thanks to digital powerhouses such as Infosys choosing to establish a presence in Sydney,” Mr Perrottet said, on the final day of his visit to India.
 
“This latest investment signifies Infosys’ commitment to driving innovation and collaboration in NSW to help us further strengthen our digital economy, and create more future focused jobs and opportunity for the people of our state.
 
Minister for Enterprise, Investment and Trade Stuart Ayres said the 160-square metre Living Lab in North Sydney will help to attract further Indian investments to NSW by showcasing the successful growth opportunities available.
 
“India, and especially Bengaluru, offers a thriving start-up ecosystem that we are continuing to attract,” Mr Ayres said. 
 
“With more and more direct flights from India to Sydney, we are the gateway for Indian businesses to enter the Australian market and Infosys is a great example of what can be achieved.”
 
Infosys Executive Vice President and Region Head Australia and New Zealand Andrew Groth said the Living Lab will lead to further collaboration across the industry.
 
Sydney is an important digital hub in Australia, being home to many of the nation’s largest enterprises, start-ups and leading universities.
 
“We believe our local Living Lab will support the state’s world-class digital innovation sector through the introduction of a digital co-creation space where ideas can spark and incubate and collaboration can take place,” Mr Groth said.
 
Infosys’ NSW Living Lab is now open at 100 Arthur Street in North Sydney.

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