GyanSys, a global IT consulting firm, will invest $4.535 million to expand its headquarters in Carmel, Indiana. The company plans to create up to 246 new high-wage jobs by 2020.
The company has already purchased, renovated and equipped a 20,000-square-foot facility to serve as its headquarters at 702 Adams St. in Carmel, and will continue to invest in new software and hardware to meet the demands of its growing workforce.
“GyanSys elected Indiana to be our headquarters and Center of Excellence to support all of our U.S.-based customers,” said Raj Una, President/CEO of GyanSys. “Being at the crossroads of America, Indiana provides an excellent ecosystem to attract and retain top talent. Our vibrant workforce enables us to innovate enterprise applications leveraging new technology in analytics, mobility and iOT (Internet of Things) areas. GyanSys is focused on enhancing our customers’ business solutions and maximizing their investments with accelerators across SAP, Microsoft and Salesforce platforms.”
The Indiana Economic Development Corporation offered GyanSys up to $4,450,000 in conditional tax credits and up to $250,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Carmel supports the project.
“Indiana is making history for its job creation with more Hoosiers working today than at any time in our state’s history,” said Governor Mike Pence. “Companies like GyanSys continue to choose the Hoosier State for growth because the benefits of our low-cost, low-regulation business environment are apparent. We appreciate the dedication of the GyanSys team as they work to ensure quality jobs for Indiana residents.”