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  Canada Immigration Forum > General > Our Native Country! > Big Blue to triple investment in India
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Big Blue to triple investment in India




Software professionals, for your kind attention please.

“The Hindu” – Wednesday – June 7, 2006

The Chairman and CEO of IBM Mr. Sam Palmisano, told a gathering that included President A.P.J. Abdul Kalam, Karnataka Governor T.N. Chaturvedi and Chief Minister H.D. Kumaraswamy that IBM will triple its investment in India to $6 billion in the next 3 years.
The increase investment will go towards setting up of infrastructure and hiring more employees to add to its existing strength of 43,000 employees spread across 14 cities, besides education and training.
IBM business in India grew by 55% in 2005, “was so excited about the opportunities in India” that the company decided to commit this investment over the next 3 years in this “wonderfully exciting part of the world”.
Bulk of the investments will be in Bangalore including setting up of a new breed of Service Delivery Centers.
Will also be utilized for creating Systems and Technology Group (STG) Innovation, Development and Executive Briefing Center.
Will also fund Telecom Research and Innovation Center at its Research Lab in Delhi, to serve telecom clients around the world.
The investment would be utilized to increase the capabilities and staff of the High Performance On Demand Solutions (HiPODS) Lab in Bangalore.

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ramar2005

Senior Desi
Member since: Sep 04
Posts: 1233
Location: India.

Post ID: 78452 07-06-06 13:15:19
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meghal
Senior Desi
Member since: Jul 04




Posts: 1651
Location: (0,0,0)

Incorrect Section
Life section - Issues related with day-to-day life in Canada
Our Native Country - What is going on with our native land?

Can moderator move this message to appropriate section?

Meghal

With all due respect to my native country and its citizen (I am an Indian citizen too) - things that happen in India on Social, Political or Economical front do not affect my day to day life. (Unless my job gets jeoparadized due to outsourcing). My day to day life is more affected by decisions taken by Stephen Harper and his buddies.


 
Post ID: 78454 07-06-06 13:25:41
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ramar2005
Senior Desi
Member since: Sep 04




Posts: 1233
Location: India.

Big Blue to triple investment in India
Please excuse. Will be thankful if you can please suggest an appropriate section if these can be posted. I am not familiar with most areas of the website.
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Post ID: 78535 08-06-06 04:16:17
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guptamik
Senior Desi
Member since: Mar 05




Posts: 277
Location: Toronto


Life section should be about LIFE.. not life in Canada or USA or India just LIFE... I think that what was posted is appropriate as this does affect our life here as well why? Coz with the increase in the jobs in India, Jobs here decrease and people should be made aware of this. This is also a good way of comparing life here and what it is there for people who have not yet immigrated. I think it's fair to post this article here! !

I want to know what some indians feel about all this outsourcing to india? I know that in USA, the IT sector employs Indians and isn't it a bitter sweet feeling to see jobs going to India and realizing that you may be one to be a victim of outsourcing? Hundreds of Indians work in IBM and with this outflux of jobs, their jobs are at stake too so do they feel happy about the econimic growth of India at th expense of their jobs? Just curious as to what people think :)

Thanks.....
Quote:
Originally posted by meghal

Life section - Issues related with day-to-day life in Canada
Our Native Country - What is going on with our native land?

Can moderator move this message to appropriate section?

Meghal

With all due respect to my native country and its citizen (I am an Indian citizen too) - things that happen in India on Social, Political or Economical front do not affect my day to day life. (Unless my job gets jeoparadized due to outsourcing). My day to day life is more affected by decisions taken by Stephen Harper and his buddies.



 
Post ID: 78627 09-06-06 09:47:19
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Mishtar India
Senior Desi
Member since: Nov 03




Posts: 668
Location: Toronto


As is mentioned below the LIFE section, it is about issues dealing with day to day life in Canada.These subsections have been created so that it is easy for Members to search for related topics. Any time you are unsure of which section to post articles in.. you can post them in the General section.



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What can be imagined, can be achieved.

 
Last edited by: Mishtar India on 09-06-06 10:01:23
Post ID: 78629 09-06-06 09:58:47
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ramar2005
Senior Desi
Member since: Sep 04




Posts: 1233
Location: India.

Big Blue to triple investment in India
Now it is the turn of Motorola
Thursday, The Hindu, June 8, 2006
The TN Govt. signed a MoU with Motorola to produce telecom equipments incl. mobile handsets and accessories. The Notorola executives also held discussions with CM Mr. Karunanidhi and Union Minister for IT Mr. Maran. The plant coming up near Sriperumbudur with an initial investment of Rs.135 Crores, will provide jobs directly to 7,250 persons. The Plant coming up on 70 acres will produce a million handsets per month and will also start exporting at the earliest.

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Post ID: 78653 09-06-06 13:15:58
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desi in ottawa
Senior Desi
Member since: May 04




Posts: 1627
Location:


Things are heating up in India with respect to IT. But what type of jobs they are creating? Call centres, manufacturing, etc? For someone who just has a degree such as BA/B Com/BSc, they can get jobs in those professions. Someone with CS or BE degree will they get a job in the proposed expanding ventures?

DIO


 
Post ID: 78673 09-06-06 16:13:44
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