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iGate plans new facility in China

April 11, 2006 12:30 IST
iGate Global Solutions Ltd will set up its new facility in Dalian and wind up the existing facility in Wuxi in China.

The board of the company on Monday proposed to move its existing operations in China from Wuxi to Dalian, iGate informed the Bombay Stock Exchange.

The company would merge the wholly owned subsidiary, iGate Technology Services Pvt Ltd with itself and would be initiating necessary steps in this regard.

Dalian attracts large amount of foreign investment and is a base to several IT companies particularly focusing on the Japanese market.

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