Indian IT giant to open software center in China
( 2003-10-10 15:31) (Xinhua)
Making China a hub for its
software services in the Asia-Pacific market, India's IT giant Infosys
Technologies Friday announced plans to set up a software development center in
Shanghai for 200 IT professionals.
The subsidiary will be capitalized at 5 million US dollars, 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.
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