Infosys moves to Shanghai, to develop China as hub
ANN/ The Statesman
While around 75 percent of the world market for global off shoring of IT services are currently with India, experts anticipate this share will drop to between 50 and 60 percent over the next few years. Of the remaining "challenger" countries, China is the only country that can offer comparable cost and scale benefits in the near future, said the head of Infosys in China. Because China is likely to be the next huge market with great potential to function as a global outsourcing hub, Infosys has moved to the Pudong Industrial Area in Shanghai to take advantage of the potential it has to challenge India in terms of cost and scale of services, said KS Suryaprakash, the head of delivery operations who is managing operations in China for Infosys. For Infosys, the need to look for alternative hubs, where infrastructure is in place, prompted the move to Shanghai. Set up around seven months ago, the 25-member Infosys Shanghai is a 100 percent owned subsidiary of the parent company, one of 26 around the world, but the only one designed for vision development, Suryaprakash said. In India, there is limited scope for expansion, given that satellite townships have not developed as they ought. Here they have combined 'Indian management talent with Chinese operating talent," Suryaprakash said. Technically, he said, the Chinese are very good at providing depth and have a structured way of working.
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