labor - Infosys looks for 6,000 IT-engineers
Infosys, the programming giant from India, is expanding its China operation with 6,000 IT-engineers that will be mostly based in the capital of Zhejiang province, Hangzhou, according to the Financial Times.
The software development center will only cost about 15 million US dollar but indicates a long expected move. The first new batch of IT-engineers of 1,750 will be added by 2007, showing a relatively slow buildup till the maximum of 6,000 is reached.
Depending on the salaries Infosys is paying, the move will have an upward pressure on wages for engineers, as also on other industries foreign invested enterprises, like recently BASF in Nanjing, are getting their China operations in place and start hiring larger number of local engineers.