Infosys sets up consulting subsidiary in the US

While the rest of the consulting industry is busy setting up offshore centres in India, Indian IT services firm Infosys has taken the reverse direction and is taking the battle straight into the US by setting up its fully owned consulting subsidiary called Infosys Consulting

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But if I'm not mistaken Infosys already had a consulting business unit in the US which contributed a miniscule part of their revenue. But this venture shows that they are trying to take this to an entirely different level of scale and profile.

In the meantime they also announced the fact that they have become a $1 billion in revenue player, the second after TCS in India.