Infosys, a worldwide leader in advanced digital services and consulting, announced today that Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, strengthening Infosys' position in Japan. MHI is among the top global industrial groups, covering sectors such as energy, smart infrastructure, industrial equipment, aerospace and defense, and has founded companies like Hitachi Ltd., Panasonic Corporation, and Pasona.

HIPUS, where Infosys holds a majority share, was established in 2019 to enhance high-quality, comprehensive procurement processes and sourcing and category knowledge, utilizing advanced digital platforms for Japanese companies.

MHI has been a long-time client of HIPUS and has now broadened the partnership by securing a 2 percent share from Infosys. With this investment, MHI seeks to further investigate new business prospects in the area

Anantha Radhakrishnan, CEO and MD, Infosys BPM, and Chairperson, HIPUS Board said, “Japan continues to be a strategic market for Infosys and HIPUS and we have consistently expanded our footprint in the region. This collaboration with MHI reinforces Infosys’ commitment towards building trusted collaboration with customers in Japan and accelerating their digital business process transformation journey. Infosys is excited to welcome Mitsubishi Heavy Industries to HIPUS.”

Isao Miyake, Head, Value Chain Headquarters, Mitsubishi Heavy Industries, said, “In our company’s ongoing efforts to upgrade procurement activities through a data-driven strategy, we expect HIPUS advanced analytics and support to significantly improve procurement operations, enable well informed decision making, and generate greater value across the organization.