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Infosys to set up centres in Croatia, Russia

Times of India:  September 15, 2016

Bengaluru: Infosys said it will set up two development centres, housing 180 engineers, in Croatia and Russia to expand its global service delivery network in eastern Europe. India's second largest software services exporter announced an agreement with Italy's Ansaldo Energia, a producer of thermoelectric power plants, on Wednesday to provide engineering services.

To support Ansaldo, Infosys will widen its network into eastern Europe and Russia's established heavy engineering sector by creating the development centres — in Karlovac in Croatia and Moscow in Russia. Financial terms of the contract were not disclosed.

"The agreement with Ansaldo Energia is a landmark in the development of our engineering services capabilities. Apart from providing valuable services to Ansaldo Energia in the development of new gas turbines, the strengthening of design services capabilities comes at a time when the industry is increasingly looking at digital design services and innovations to radically transform the cost and speed of production of industrial equipment," Sandeep Dadlani, president and global head of manufacturing, retail, CPG and logistics at Infosys, said.

Ansaldo Energia supports public and private sector power producers with a range of plant engineering, manufacturing and service activities. Infosys' centres, which will deliver research and development service delivery, will operate as centres of excellence for engineering skills in turbo machinery, aerospace and automotive. Ansaldo is 40% owned by Italian state-backed investment fund Fondo Strategico Italiano and China's Shanghai Electric owns another 40%.


Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

x IBEF : India Brand Equity Foundation