Infosys has decided to set up its first overseas centre outside India in China with an investment of about $120 million to tap the Chinese market. This development centre with a staff capacity of about 4,500 will help the company to focus on Chinese and global markets.
The company has signed a Memorandum of Understanding (MoU) with China's Guizhou provincial government for exploring business expansion in the province. This will help to capture the growth trends of Chinese markets for Infosys China, whose annual turnover is around USD 120 million.
Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.