View Single Post
Old 12-11-2005   #1
AJ
Area code 166 represent
 
AJ's Avatar
 

Join Date: Aug 2003
Location: Crystal, MN
Posts: 10,329
Send a message via AIM to AJ Send a message via Yahoo to AJ
Microsoft to invest $1.7 bln in India

http://news.yahoo.com/s/nm/20051207/...NlYwN5bmNhdA--



Some intersting quotes from the read:

"The human resources here are really fantastic. Our employment growth here would be far more rapid than in the U.S."

"
Microsoft, the world's largest software maker, joins a host of companies drawn to India, where economic growth is expected to top 7 percent this fiscal year.

Chip maker Intel Corp. (Nasdaq:INTC - news) said on Monday it would pour $1.1 billion into its Indian operations in the medium term, including setting up a venture fund to take stakes in start-ups.

In October, communications equipment maker Cisco Systems Inc. (Nasdaq:CSCO - news) said it planned to invest $1.1 billion over the next three years and triple its staff numbers in India.

U.S. bank J.P. Morgan Chase & Co. (NYSE:JPM - news) said this week it hoped to hire 4,500 graduates in India over the next two years."






Thoughts?
__________________
'16 Focus ST - Daily Duty
'93 mr2 - Track car in progress
AJ is offline   Reply With Quote