Infosys to double R&D engineers in India

Infosys Ltd, India's No. 2 software services exporter, expects to double its product research and development engineers to 1,000 in India, the company said on Thursday.

They will work in areas including digital electronics, internet commerce and healthcare, according to the company.

Earlier this week, chief executive S D Shibulal said that Infosy has a pretty strong pipeline and expects the number of large order wins in the current quarter to be in line with the previous quarter, 

He also said that the company's 100 largest customers had finalised spending plans for 2012 and that their budgets were generally unchanged from the previous calendar year. 

"I would at this point maintain that it is flat year-on-year," he said in a telephone interview. 

Infosys, the bellwether for the Indian IT services industry, has won orders in the $100 million-$250 million range in the current quarter and may land more such large deals by the time the quarter ends this month, he said. 

"Last quarter we had multiple large deal wins. There is nothing telling me at this point that this quarter will be any different. We have quite a few large opportunities in progress and our win ratios are very good," Shibulal said.