Infosys Opens LatAm HQ in Mexico

Indian software firm Infosys has opened a LatAm headquarters in Monterrey, Mexico. The subsidiary will provide business consulting and information technology services for industries including banking, financial services, retail, consumer packaged goods, resource, energy and utilities. It will also serve as the firm’s development center for the region. Infosys chose Mexico over other countries in LatAm and the Caribbean because of the broad language skills available, geographical proximity to Canada, the US and Europe, and because many Infosys clients have operations there already. Infosys has appointed Mohit Joshi to head the new subsidiary. Joshi, formerly a group engagement manager with the company’s banking and capital markets organization, has more than 12 years of client and leadership experience. The Mexico operation will employee around 250 people, from Mexico and other countries, in its firm year of operation, ramping up to nearly 1,000 employees in its third year.