Quotes with Resistance & Support
Market Information

Infotech Enterprises launches operations in Japan

This article was posted on Aug 26, 2008 and is filed under Press Releases

Infotech Enterprises Ltd (IEL), a global technology solutions provider with global headquarters at Hyderabad today announced the launch of its Japan operations. Infotech is leading its Japanese foray with engineering services, while it is conducting market research to study the market and offer other services too.

Japan is the 2nd largest economy in the world. According to NASSCOM – Booz Allen Hamilton study, Japan is the 2nd largest in terms of engineering design spend globally. Japan has 21% share of the global spend of around US$ 750 Billion in 2004. Japan is home to some of the best names in manufactured products and electronics products. In recent years Japan has recognized the talent from India and has shown great openness to Indian technical talent.

With over USD 100 Million in revenues from engineering design services, Infotech is the leading focused global provider in its markets. Commenting on the start of its Japan operations, Mr B.V.R. Mohan Reddy, Chairman and Managing Director of Infotech Enterprises Limited said, “Over the last six months Infotech has done extensive market research and engaged with opinion leaders in the engineering design community in Japan. The opportunity is very exciting and the enthusiasm of the industry leaders at the possible entry of Infotech with its proven processes and track record to address the market needs was very encouraging. We have decided to make a committed entry into Japan and have hired key local talent.”

Mr. Kazuya Fujinaga, formerly with IBM Japan and Mr. Masamichi Migita, formerly with Dassault Systems Japan has joined Infotech in senior sales and program management positions to spearhead the Japan foray. More senior managers and engineers are expected to join during the next few weeks. Infotech’s operations in Japan will be anchored in Tokyo and will report into the Asia Pacific region.

Tags: , , , ,

Similar Posts:


+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Hi , Can we enter south indian bank at CMP. Thanks for your feedback Regards Gopu...view more »
- by Gopu
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea