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Ministry Of Commerce And Industry, Infosys Jointly Launch EBiz Portal

Mission Mode Project will enhance Government-to-Business services for India’s investor and business communities

Agra, India – January 28, 2013

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry - Government of India today announced the launch of eBiz – India’s first Government-to-Business (G2B) portal which has been developed by Infosys in a public private partnership model. The eBiz portal which aims at transforming and developing a conducive business environment in India, was launched by Union Minister of Commerce, Industry and Textiles, Shri Anand Sharma at the CII Partnership Summit in Agra.

The eBiz platform will provide a one-stop shop for convenient and efficient online G2B services for the investor and business communities in India, reducing delays and complexity in obtaining information and services. It will serve as a gateway to obtain services relating to planning, starting and operating businesses in India including licenses, approvals, clearances, obtaining no objection certificates, permits and filing returns.

Infosys has launched the first phase of the project which will provide investors an interactive tool to assess license and permit requirements to setup and operate a business in India.

Speaking on the occasion Shri Anand Sharma said, "We are firmly committed to wide-ranging initiatives aimed at fostering the business environment in the country in a holistic manner. Our approach includes leveraging technology to bring transparency, improve efficiency and promote convenience. eBiz is an important step in this direction and we are pleased to work in partnership with Infosys on this project, which we hope will become a benchmark for successful public private partnerships in the country."

V. Balakrishnan, Member of the Board and Head - India Business Unit, Infosys, said, "The eBiz portal is a program of national importance and will provide better governance, transparency and ease of use for businesses in india. We are confident that our prior experience of working with the Income Tax department and our strong consulting and systems integration capabilities will enable us to continue executing the future phases of this project successfully."

As a part of the 10 year program, Infosys will roll-out services in a phased manner. In the first year of the three year-long pilot, 29 services will be unveiled in the five states of Andhra Pradesh, Delhi, Haryana, Maharashtra and Tamil Nadu. Further, over the course of the second and third years, an additional 21 services will be launched and five additional states will be brought under the scope of this project. From the fourth year onwards, the project will see more than 200 services rolled-out across the country.

eBiz adheres to global e-Governance standards under the National e-Governance Plan of the Government of India. It is an Integrated Mission Mode Project that aims at providing Central Government, State Government and Local Administration related services.

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth. That's why Forbes ranked Infosys 19th among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals.

Visit www.infosys.com and see how Infosys (NYSE: INFY), with its 150,000+ people, is Building Tomorrow's Enterprise® today.

 

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Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarter ended June 30, 2012, September 30, 2012 and December 31, 2012. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.

 

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