Infosys to open first overseas campus in China
As India pressed China to open its markets for Indian IT firms, technology major InfosysBSE 1.30 % today announced establishing its first overseas centre outside India in China with an investment of about $120 million to tap in the burgeoning Chinese market.
The development centre, to be established in China's Guizhou province, with a staff capacity of about 4,500 will help to focus on Chinese and global markets, Rangarajan Vellamore, CEO, Infosys China, told.
The new Infosys centre is taking shape as India is pressing China to open its markets for Indian IT firms to address the $48 billion trade deficit in the bilateral trade, which stood at $70.6 billion last year.
Infosys to open first overseas campus in China - The Economic Times
As India pressed China to open its markets for Indian IT firms, technology major InfosysBSE 1.30 % today announced establishing its first overseas centre outside India in China with an investment of about $120 million to tap in the burgeoning Chinese market.
The development centre, to be established in China's Guizhou province, with a staff capacity of about 4,500 will help to focus on Chinese and global markets, Rangarajan Vellamore, CEO, Infosys China, told.
The new Infosys centre is taking shape as India is pressing China to open its markets for Indian IT firms to address the $48 billion trade deficit in the bilateral trade, which stood at $70.6 billion last year.
Infosys to open first overseas campus in China - The Economic Times
