The Hindu Business Line : Infosys unveils first Latin American subsidiary

Bangalore, Feb. 21 Infosys Technologies Ltd said its first Latin American subsidiary was unveiled on February 20 in Monterrey, Mexico, to enhance services to existing clients in the US, Europe and Latin America.

The subsidiary, Infosys Technologies S De RL De CV, would provide the company’s full range of business consulting and information technology services for clients in all industries including banking, financial services, distribution and retail, Infosys said in a statement. The centre would also provide key offerings in business process outsourcing (BPO), infrastructure management and packaged-solutions implementation, it added.

The Monterrey facility would provide Infosys with dedicated resources to service clients in North America, Latin America and Europe, with bilingual talent in an agreeable time zone and close proximity and strengthen its global delivery model capabilities, the company said.

Mexican base

After examining several countries in the region, Infosys chose to establish a presence in Mexico due to the broad language skills available in the region, its cultural similarities to Canada, the US and Europe, the company said. Latin America is a strong emerging market and one where many of Infosys’ clients have operations already, it added.

The inauguration of the centre was attended by the President of the Mexican United States, Mr H.E. Felipe de Jesus Calderon Hinojosa, Chairman of the Board and Chief Mentor of Infosys, Mr N.R. Narayana Murthy and the Governor of the State of Nuevo Leon, Mr Jose Natividad.

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