Infosys to hire 1150 for China office


Infosys Technologies,India’s second largest IT Company, is mulling to increase its employee strength in China from the present 2,850 to 4000 this fiscal, a top company official said on Thursday.

“Currently we have about 2,850 employees in China. We plan to immediately take it to around 4,000. At some point in the future, not in the next five years, 20,000 employees will be an estimate of our campus there,” managing director and CEO, Infosys, Kris Gopalakrishnan said.

Gopalakrishnan was talking to media persons on the sidelines of an interactive session with Andhra Pradesh Chief Minister K Rosaiah organised by the CII Southern Regional Council in Hyderabad.

“Eventually, Infosys is going to invest $100 million in its Chinese operation,” he said without mentioning any time frame.

He said the Shanghai centre will have the capability to execute any project like any other Infosys centres across.

“We now see the need to create a campus and this is what we have initiated and we are in discussions with Chinese government there in getting the land. And after we get the land, we will plan to build,” the Infosys chief said.

Speaking about the attrition, he said from last quarter to this quarter, attrition has come down and may become stable in the next quarter.

Gopalakrishnan said there was a scramble in recruitment across the companies which resulted in movement of employees from one firm to another firm.

To a question on promotions and payhike in Infosys, he said one mid-term promotion has already been given in April.

“From last year onwards, we are giving promotions twice a year. There is a cycle in October for promotions also and according to our data, may be approximately 12,000 people will get promoted this month. As part of the promotion, there will be hike also. This is part of our routine cycle now from this year,” Gopalakrishnan said.

He said globally Governments follow austerity measures and the trend of recovery process will play out till the next five years.

Replying to a question on December 31, when the Srikrishna panel will submit its report on Telangana, he said it is concern of all the CII member and they we will have to ensure the safety of employees.

“We should see that there is no discontinuity of service, any disruption in the service will affect the brand and trade,” he said.

[Story Source] [Contest win Rs 1000-100,000 now]

This post was submitted by Chinmaya Kumar Nayak.

--> Thanks to
Related Posts
       Google reveals Gmail hacking, likely from China | Reuters

Google reveals Gmail hacking, likely from China | Reuters

The unknown perpetrators, who appeared to originate from the city of Jinan in Shandong province, recently tried to crack and monitor email accounts by stealing passwords, but Google detected and...
 	AI may freeze salary hikes of employees

AI may freeze salary hikes of employees

Mumbai: Cash-strapped Air India Ltd is considering a freeze on salary hikes and additional allowances to employees until the process of its merger with Indian Airlines is completed.Arvind Jadhav, chai...
Green companies boost employees’ morale

Green companies boost employees’ morale

A new study has suggested that employees are more likely to be satisfied with their jobs if they are working for a company that is perceived to be " green".Cassandra Walsh and Adam Sulkowski, at Charl...
Aurobindo to divest 80% stake in China arm to Sinopharm

Aurobindo to divest 80% stake in China arm to Sinopharm

HYDERABAD: Generic drug maker Aurobindo Pharma Limited (APL) today said it will divest nearly 80 per cent of its stake in its loss making Chinese subsidiary to China National Pharmaceutical Group Corp...
Skype Still Operating in China Despite Reports of Ban

Skype Still Operating in China Despite Reports of Ban

Skype and other Internet phone services continue to operate in China days after media reports said the country's government was cracking down on them.Skype is operating normally in China, a company sp...
Shahid-Sonam‘s China ka maal

Shahid-Sonam‘s China ka maal

The Chinese government's official film production company Lighthouse Productions has backed the country's first ever home-made 'Bollywood' film GOLD STRUCK. The film, a $ 10-million project that will ...

Leave a Reply

We will keep You Updated...
Get Free Email Newsletter from VoteUpIndia Sign up for our free email newsletter. (Help?)
Read latest headlines in your favorite news reader
Follow VoteUpIndia  on Twitter Become a VoteUpIndia Fan on Facebook Subscribe to VoteUpIndia in Google Reader Add VoteUpIndia  to My Yahoo Add VoteUpIndia  to Netvibes Subscribe to Free Techie Buzz RSS Feed
Sponsored Links
Join Now !
Featured Video
Best Storytellers
Powered by Authors Widget
Recent Posts

The Amazing Spider Man Wallpaper

Looking for The Amazing Spider Man Wallpaper? Sony Pictures just released a new movie called The...

Woman robs her own home to start beauty parlour

Woman lodges false complaint of robbery, bruises self to make it seem real, blames brother; cops...

Abhishek will take time to recover: Big B

September 14, 2011, (Sawf News) - Abhishek Bachchan sustained minor injuries - a small cut above the...

Imran Khan files suit against drinking age

Actor Imran Khan Wednesday filed a public suit in the Mumbai High Court against raising the age limit...

Rakhi eyes Baba’s virginity!

Mumbai: The tale of baba and the babe seems to be getting spicier by the day. Impolite it may appear...
Recent Comments
i think it helps relationship because you can talk to that person though the internet
i really luv especially when rehan goes 80 yrs back and discussion in meera and rehan .also story of meera is really sensitive .i lo
i really luv this movie i luv it best excellent, fabolous ever i watched .tia bajpayee is really darling in her first looks in scene
Try to post good n interesting news ..... v dnt published any spam !!
i am submiting your site link plz post my site link
Tag Cloud