Infosys has signed a Memorandum of Understanding (MoU) with the Dalian High-tech Zone (DHTZ) Government, to establish a branch company of Infosys Technologies (China) DHTZ. This branch company will focus on software development and outsourcing business in the region. The MoU also provides a framework under which the DHTZ Administrative Committee will help Infosys launch programs with local universities for training and recruitment.
The new facility can currently seat 700 employees and will focus on delivering consulting, technology and BPO services to clients from the U.S., Europe, Japan and neighboring regions.
Infosys China was incorporated in 2004 and reported revenues of $ 78.98 million in fiscal year 2011. The company has invested in development centers in Shanghai Pudong Zhangjiang Hi-tech Park, Hangzhou Binjiang Hi-tech Park, Beijing China Oversea Plaza, a sales office in Hong Kong and a Global Education Center in Jiaxing Science city. Infosys is also developing a new campus at Zizhu Science and Technology Park in Shanghai. Infosys China currently employs over 3,300 people.