Satyam to expand operations in China
Satyam will compete in China with TCS and Infosys, besides US outsourcing specialist BearingPoint.india Updated: Mar 01, 2006 14:18 IST
Satyam Computer Services Ltd, 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 centre ... is the first step before we set up a large development centre in China," he said in a statement.
Satyam will compete in China with India's top exporters Tata Consultancy Services Ltd. and Infosys Technologies Ltd, besides US outsourcing specialist BearingPoint. Microsoft Corp and Sun Microsystems 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.