[lbo-talk] India's Satyam to Expand Operations in China

uvj at vsnl.com uvj at vsnl.com
Fri Mar 3 13:05:40 PST 2006


Reuters.com

India's Satyam to Expand Operations in China http://today.reuters.com/news/newsArticleSearch.aspx?storyID=91736+01-Mar-2006+RTRS&srch=CHINA

Wed Mar 1, 2006

MUMBAI (Reuters) - Satyam Computer Services Ltd. (SATY.BO: Quote, Profile, Research) (SAY.N: Quote, Profile, Research), India's fourth-biggest software services exporter, said on Wednesday it would set up operations in Guangzhou in China as it expands in the fast-growing market.

"Satyam has plans to increase its presence significantly in China," Murali V., senior vice-president, said.

"The setting up of the operations center ... is the first step before we set up a large development center in China," he said in a statement.

Satyam will compete in China with India's top exporters Tata Consultancy Services Ltd. (TCS.BO: Quote, Profile, Research) and Infosys Technologies Ltd. (INFY.BO: Quote, Profile, Research) (INFY.O: Quote, Profile, Research), besides U.S. outsourcing specialist BearingPoint (BE.N: Quote, Profile, Research). Microsoft Corp. (MSFT.O: Quote, Profile, Research) and Sun Microsystems (SUNW.O: Quote, Profile, Research) are also developing software labs in China.

Tata Consultancy has a subsidiary in China and owns a majority stake in a joint venture with Microsoft and China's Uniware Co. and two local Chinese firms.

Infosys has a unit in Shanghai and one in Hangzhou, which together will eventually house 6,000 engineers.

China's exports in software and back-office services total less than a fifth of India's $17.2 billion, but it is boosting English-language skills in schools to help mount a challenge to the software campuses of Bangalore.

© Reuters 2006. All Rights Reserved.



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