Infosys to invest $10 mn in Shanghai

Infosys Technologies Ltd on Wednesday said it will invest $10 million 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.
The centre will be set up on 25,000 sq mt of land, with a seating capacity for 1,000 engineers.

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