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Business & Finance

India's Infosys to invest $125-$150mn in China

MUMBAI: Infosys Technologies Ltd India 's second-biggest software services exporter plans to invest around $125-$150 mi
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By Muhammad Iqbal
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infosys-434MUMBAI: Infosys Technologies Ltd India's second-biggest software services exporter plans to invest around $125-$150 million in a new campus in China, said in a statement on Saturday.

The project will be completed over a period of 3 years and will have capacity to seat 8,000 employees.

Infosys China which currently employs over 3,300 people, reported revenues of over $78 million in fiscal year ending March 2011.

Copyright Reuters, 2011

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