China named Infosys in Key Service outsourcing Company list

Dec 20, 2012, 16:50 IST

International/World Current Affairs 2012.China’s Ministry of Commerce had named Infosys in its list of the 100 key liaison service outsourcing companies in the third week of December...

China’s Ministry of Commerce had named Infosys in its list of the 100 key liaison service outsourcing companies in the third week of December.

Infosys became the only company headquartered in India that has received this recognition. It was included in the list due to strong growth in China.

The Ministry of Commerce of China is the designated governing body for service outsourcing sector, which has been identified as a key industry in that country.

There are 21 Service Outsourcing Base cities in China and these cities currently enjoy government support to foster talent development, design business friendly tax structures and foster a positive environment to encourage service providers to set up shop in China.

About Infosys Presence in China

• Infosys China has its operations across Shanghai, Beijing, Dalian, Hangzhou and Jiaxing and has more than 3300 employees.

• The company offers its entire range of services to both local enterprises and multinational companies operating in China.

• Infosys also had also set up development and delivery centres in China to support the needs of globally clients.

• A new centre, with a capacity to accommodate about 10000 employees, is currently under construction in Minghang, Shanghai which will help Infosys to further strengthen its delivery capabilities in China, and also demonstrates Infosys' strong commitment to the fast growing Chinese market.

• Infosys also houses development/delivery centres in China, to support the needs of clients globally as well.

China's service outsourcing industry has been growing at a rapid pace for the last couple of years. The total number of outsourcing companies increased from 12706 in 2010 to 16939 in 2011. The total offshore service value increased by 65 per cent, over the value in 2010 to 23.8 dollar billion in 2011.

Jagran Josh
Jagran Josh

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