Software major Infosys Technologies Ltd has launched its first Latin American subsidiary in Mexico.
The company, which was launched on Wednesday, informed the Bombay Stock Exchange that the subsidiary aims to enhance services to the existing clients in the US, Latin America and Europe.
The subsidiary, Infosys Technologies S. De R.I.De CV, would provide full range of business consulting and information technology services for all verticals including banking, financial services, distribution, retail, and more. The centre provides key offerings in business process outsourcing BPO, infrastructure management and packaged solutions implementation.
The inauguration of the subsidiary was attended by President of the Mexican United States Felipe de Jesus Calderon Hinojosa, Chairman and Chief Mentor of Infosys N R Narayana Murthy and Governor of the State of Nuevo Leon, Jose Natividad Gonzalez Paras.
''Mexico has embraced Infosys and worked with us to establish this innovative development centre," said Murthy.
''Our public-private partnership is already serving half a dozen global clients in multiple industries and 87 new employees, both new college graduates as well as senior professionals, have joined Infosys so far - remarkable achievements in the first six months since opening the center,'' he added.
The Monterrey facility provided 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.
Furthermore, it strengthens the company's global delivery model capabilities and joins other Infosys development centers in the Czech Republic, Poland, Thailand, Philippines, China, Australia, Canada and India.
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 and its cultural similarities to Canada, the US and Europe. Latin America is a strong emerging market and one where many of Infosys' clients have operations already, the BSE was informed.
