Infosys to expand presence in China

Infosys Technologies has said that they are planning to expand their presence in the Chinese market. The aim is to increase the workforce working in this country for Infosys to around 5000 in the next five years from the existing 500 professionals.

S. Gopalakrishnan, Chief Operating Office, Co-Founder and member of the board, Infosys Technologies said in a statement on their plans for China: “We currently have a centre in Shanghai. Our headcount is likely to increase from the current 500 to 1,000 by the end of the year and we expect to reach an employee strength 5,000 professionals in China in the next five years.”

He added: “It is a significant market and the Chinese economy is growing at a rapid pace. Also, multinational corporations who are looking at entering China, need localization support. Another opportunity for Infosys is the fact that Japanese and Korean markets are easier to work with from China as they are culturally similar.”

The company currently has around nine development centers and is now aiming at expanding in Mysore, Mangalore, Thiruvananthapuram, Chandigarh and Pune.