Infosys is pulling out of Russia and ceasing its operations in the country, the company’s chief executive officer Salil Parekh said today during the company’s earnings results for the three months, and year ended March 2022.
“We have started to transition all of our work from our centres in Russia to our centres outside Russia. We have less than 100 employees in Russia,” said Parekh during the investor call.
“We work with no Russian clients and the work we do [there] is with a small number of global clients in Russia,” he further added.
This makes Infosys the first Indian information technology (IT) major to pull out of Russia, amidst growing calls and pressure on India and Indian companies to cease business with the Vladimir Putin-led country.
‘No plans to do business’ with Russian clients
In what also comes across as a rather bold announcement, Parekh said, “We don’t have any plans going ahead,” with respect to doing business with Russian clients.
The ongoing Russia-Ukraine war has seen mounting pressure from the West on India and Indian businesses to cut, or limit their ties with Russia, at least until the Putin-led government ends its hostilities against Ukraine.
