Infosys @ Latest News: ECGC to provide cover for Infosys’ China centre

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Thursday, February 17, 2005

ECGC to provide cover for Infosys’ China centre

Export Credit Guarantee Corporation of India (ECGC) will cover the software development center in China set up by Infosys Technologies Ltd under its overseas investment cover. This would protect losses to the tune of 90% due to expropriation, war damage or restrictions on remittances.