Source: Ptinews

Infosys: Mitsubishi Heavy Industries joins Infosys-led JV in Japan, HIPUS

Mitsubishi Heavy Industries joins Infosys-led JV in Japan, HIPUS JV TO ACCELERATE BUSINESS PROCESS TRANSFORMATION FOR ENTERPRISES LEVERAGING DIGITAL PROCUREMENT PLATFORMS BENGALURU: India and TOKYO, April 17, 2025 /PRNewswire/ -- Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, enhancing Infosys' presence in Japan. MHI is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense, and has established corporations like Hitachi Ltd., Panasonic Corporation and Pasona. HIPUS, in which Infosys owns a majority stake, was set up in 2019, to drive high-quality, end-to-end procurement processes along with sourcing and category expertise, leveraging next-generation digital platforms for Japanese corporations.

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$10-50B
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100K-9.9M
Salil S. Parekh's photo - Managing Director & CEO of Infosys

Managing Director & CEO

Salil S. Parekh

CEO Approval Rating

69/100

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