Wednesday, February 22, 2006


Investment in India

Seems, software related investment in India is picking up very high in the last 6-7 months, check the below news,

May 2005
BMC Software is planning to invest $5.5 million by the beginning of next year in India to increase its offshore R&D activities

August 2005
"By increasing our investment in India, we are well positioned to help drive Linux and open-source adoption not just in India, but in other emerging Asian markets as well," said Rhonda O'Donnell, president of Novell Asia-Pacific.

December 2005
Bill Gates, Chairman of Microsoft Corp, the world's largest software company, said that the company will invest $1.7 billion in India over the next four years to expand its operations.

January 2006
The world's biggest computer maker, Dell, will be increasing its workforce in India by 50% in the next two years. It will take the total number of Dell employees in India up to 15,000.

February 2006
Hyderabad will house India's first semiconductor fabrication facility - FAB City - with a $3 billion investment to make silicon chips, Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy said here Thursday.

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