Infosys Technologies on Thursday said it would invest $65m in two centres in China Shanghai and Hangzhou, over the next five years. The companys Chinese subsidiary has signed letters of intent with Shanghai Zhangjiang and the administrative commission of Hangzhous technical development industry zone, to set up software development centres in China. The Shanghai and Hangzhou projects will receive an opening investment of $10m and $15m respectively in the next two years. The projects are expected to start by January 06. |
