Infosys @ Latest News: Infosys to spend $ 10 mn in Shanghai

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Wednesday, August 03, 2005

Infosys to spend $ 10 mn in Shanghai

Infosys Technologies Ltd on Wednesday said it will invest $ 10 mn to set up a software development campus in Shanghai in association with Zhangjiang Hi-Tech Park.

The company's Chinese subsidiary, has signed a letter of intent with Shanghai Zhangjiang Hi-Tech Park to set up a software development campus in Shanghai at an investment of $ 10 million in the next two years, Infosys informed the Bombay Stock Exchange.