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Infosys to open China software development centre in 2004
Beijing, Oct 19: Infosys will open its software development centre in Shanghai early next year to serve as a hub for the company`s software services in china as well as in the Asia Pacific region, a senior company executive has said.
Beijing, Oct 19: Infosys will open its software
development centre in Shanghai early next year to serve as a
hub for the company's software services in china as well as in
the Asia Pacific region, a senior company executive has said.
Infosys has applied to the Chinese government for the
setting up of a wholly owned subsidiary in the country and is
hoping to complete all formalities soon, Vice President,
Ganesh G said.
The China subsidiary will be offering end-to-end software services to domestic companies in China, and multinational companies operating in that country.
It will also serve as a hub for software services in Asia Pacific, Ganesh told reporters on the sidelines of the largest- -ever 'Made in India' industrial exposition organised anywhere in the world by the Confederation of Indian Industry (CII) here.
The subsidiary will be capitalised at USD 5 million, he said, adding that the proposed software development centre would be established in Shanghai, China's largest city as well as the commercial capital of the communist nation.
Bureau Report
The China subsidiary will be offering end-to-end software services to domestic companies in China, and multinational companies operating in that country.
It will also serve as a hub for software services in Asia Pacific, Ganesh told reporters on the sidelines of the largest- -ever 'Made in India' industrial exposition organised anywhere in the world by the Confederation of Indian Industry (CII) here.
The subsidiary will be capitalised at USD 5 million, he said, adding that the proposed software development centre would be established in Shanghai, China's largest city as well as the commercial capital of the communist nation.
Bureau Report