Indian outsourcer Tata Consultancy Services has opened offices in Budapest, Hungary and Hangzhou, China.
Tata Consultancy Services, one of the largest Indian investors, employs more than 2, 000 people in Britain.
Analysts say Infosys suffered more than some of its rivals such as Tata Consultancy Services Ltd.
The move is creating a new revenue stream for such Indian outsourcing firms as Tata Consultancy Services Ltd.
The bulk of the profit comes from the top companies like Tata Consultancy Services (TCS), Tata Motors and Tata Steel.
Outgunned by rivals such as Tata Consultancy Services, Infosys seems to have lost some of its steam and sheen of late.
In at least one case, Tata Consultancy Services, the public listing came too recently to show a track record for this year.
Simultaneously, similar armies of consultants emerged in India, often even more highly trained, at companies such as Tata Consultancy Services (TCS) and Infosys.
Earlier this year Tata Consultancy Services began licensing software that speeds up the process of identifying molecules that might make for promising drugs.
Rival Wipro has done even worse year to date while Tata Consultancy Services and Cognizant, both larger than Infy, are up 18.8 percent and 2.43 percent, respectively.
Infy is up 23.7% year-to-date, while rival Wipro ( WIT) is up just 2.6% and market leader Tata Consultancy Services ( BOM: 532540) is up 13.6%.
Graduating in 1979 with a double major in electrical and electronics engineering, Hukku spurned offers from brand-name companies, preferring to cut his teeth with software services pioneer Tata Consultancy Services.
Infosys, a level 5 like its local competitors Wipro and Tata Consultancy Services, delivers more than 90% of projects on time, compared with a U.S. average of 60% to 65%.
In Mumbai, Infosys plunged 13% to its lowest level in more than six months, pulling down rivals Wipro and Tata Consultancy Services, after India's second-largest software exporter by sales said it expects this fiscal year revenue to grow 8% to 10%.
"We never judge the cases, " says Abid Ali Z Neemuchwala, vice president for business-process outsourcing services at Tata Consultancy.
Another wad of overseas investment came from Tata, the Indian mega-multinational, which located its US consultancy services northeast of Cincinnati in 2008.
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