Ibm Plans to Triple India Role; Company to Invest $6 Billion in Nation Over Next 3 Years
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Summary
NEW DELHI -- IBM Corp. plans to triple its investment in India to $6 billion over the next three years to take advantage of the country's lower-cost labor and diverse engineering skills for technology services customers around the world.
Chairman and Chief Executive Sam Palmisano said Tuesday the investment will expand the software, services and customer-support work IBM does in India, while also funding new service delivery centers in Bangalore and a telecommunications research facility in New Delhi.See the full content of this document
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Ibm Plans to Triple India Role; Company to Invest $6 Billion in Nation Over Next 3 Years
Palmisano said IBM would increase its work force in India but he did not specify numbers.
In the past three years, the company has invested more than $2 billion in India and increa...See the full content of this document
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