Business Services Industry
CHINA: INFOSYS TO OPEN SOFTWARE CENTRE IN CHINA.(Brief Article)
IPR Strategic Business Information Database, October, 2003
Making China a hub for its software services in the Asia-Pacific market, India's IT giant Infosys Technologies announced plans to set up a software development centre in Shanghai for 200 IT professionals. The subsidiary will be capitalized at US$5 million, Infosys said in a statement to the Bangalore stock exchange.
The China subsidiary will be offering end-to-end software services to domestic companies in China and multinational companies operating in China, and serve as a hub for software services in the Asia-Pacific region, the company said. - (World IT Report.com)
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