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Infosys plans software development centre in China
October 10, 2003 10:57 IST
Making China a hub for its software services in the Asia-Pacific market, information technology major Infosys Technologies on Friday announced plans to set up a software development centre in Shanghai for 200 professionals.
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"The subsidiary will be capitalised at $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, it added.