As part of its plan to set up a large development centre in China, city-based IT major Satyam Computer Services Ltd will set up its operations in Guangzhou.
"Satyam has plans to increase its presence in China. The setting up of our operations centre, though in a small manner, is the first step before we set up a large development centre in China," Satyam Corporate Headquarters senior vice president V Murali said in a release on Wednesday.
An agreement to set up the operations centre was signed by Satyam managing director B Rama Raju and Guazgzhou Mayor Zhang Guanging in Bangalore, the release said.
Being one of the first Indian firms to enter China, Satyam currently has over 250 associates across Shanghai, Dallan and Beijing, it added.
Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group
