The US software giant Microsoft has unveiled plans to invest 1,7billion US dollar (10,5 milliarder DKR) in India over the next four years, BBC Online reports Wednesday.
The huge company said it would create 3.000 new jobs in the country and pump more money into research and development. Microsoft is keen to expand its operations in India, a country where well-trained workers are available at a fraction of what they cost in the West.
On Monday, the worlds largest chipmaker Intel announced plans to invest 1billion dollar (6,2 milliarder DKR) in India. Intel said it planned to substantially boost research and development in the country over the next five years.
Microsoft chairman Bill Gates said the company wanted to increase its workforce in India to “7.000 over the next three to four years”.
He said the new investment “would be deployed across select focus areas over the next four years in line with Microsofts strategic vision for India”.
Earlier this year, Microsoft opened a research centre in Indias southern city of Hyderabad, capital of Andhra Pradesh-state.
Microsoft plans to open a innovation centre in Indias technology hub Bangalore next month. Bangalore is capital of Karnataka-state, neighbouring Andhra Pradesh, BBC adds.
