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Saturday, August 06, 2005

Infosys to invest $65 m in China

Infosys Technologies Ltd has said its China subsidiary will invest $65 million over the next five years for developing two software development centres in Shanghai and Hangzhou. The centres will house 6,000 engineers.

Infosys, which has 250 employees in China, will invest $10 million over the next two years at the Shanghai centre, which will have a seating capacity for 1000 engineers.

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