"Promotions and hikes will now be a part of our routine cycle. We had already given promotions in Apr 2010," stated Infosys MD and CEO, S Gopalakrishnan on Oct 21.
Speaking at the CII conference, Gopalakrishnan also announced that the company invested around $100 million in its new China project, which would strengthen its employee count there from the existing 2,850 to 4,000.
"We hope to create a similar center in China too and have initiated talks with the government there to acquire land on lease. We will build our campus once we have land," he added.