This conference is jointly organized by the Chinese Ministries of Commerce, Education, Science and Technology, and Information Technology, as well as the Zhejiang Province government. This is the third time Infosys China has won the award since 2011. The China Council of International Investment Promotion also presented the ‘2013 Annual Outstanding Contributors to Chinese Outsourcing Industry Award’ to Rangarajan Vellamore, Chief Executive Officer of Infosys China.
• The selection of the ‘Top 10 Global Service Providers’ was organized by the China Council of International Investment Promotion;
• Since its launch in 2010, the selection of ‘Annual Outstanding Contributors in Chinese Outsourcing Industry Award’ has been managed by the Ministry of Commerce, People's Republic of China (P.R.C.);
• The award is presented to those companies that have contributed to the growth of corporate business in the country. This award represents the highest level of recognition in the industry.
Rangarajan Vellamore, Chief Executive Officer, Infosys China
“Infosys China is honored to receive this recognition for the third time. As a leading service provider in the industry, Infosys China continually works to deepen our relationships with local and global clients, drive innovation and deliver the service in consulting, IT service and business process outsourcing. I am personally thankful for the recognition of the industry and honored to be rewarded as one of the Annual Outstanding Contributors. The Infosys China team will continue to serve local and global clients, deliver high quality service and create more local job opportunities in the future.”
About Infosys China
Infosys China was incorporated in 2003. The company has invested in world-class development centers in Shanghai, Hangzhou, Beijing and Dalian; a sales office in Hong Kong; and a global education center in Jiaxing. The company is also developing a new campus at Zizhu Science and Technology Park in Shanghai. Infosys China currently employs over 3,300 people.
Infosys (infosys.com) is a global leader in consulting, technology and outsourcing solutions. As a proven partner focused on building tomorrow's enterprise, Infosys enables clients in more than 30 countries to outperform the competition and stay ahead of the innovation curve. Ranked in the top tier of Forbes’ 100 most innovative companies, Infosys with $7.4bn in annual revenues and 155,000+ employees provides enterprises with strategic insights on what lies ahead. We help enterprises transform and thrive in a changing world through strategic consulting, operational leadership and the co-creation of breakthrough solutions, including those in mobility, sustainability, big data and cloud computing.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2013 and on Form 6-K for the quarters ended September 30, 2012, December 31, 2012 and June 30, 2013. These filings are available at sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.