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Thursday, December 08, 2005

Microsoft bets on India

Samsung announced large-scale investment plans last month. It seems that now, it is Microsoft's turn. The difference is that Microsoft is focussing on one country, India, while Samsung stated their interest to invest and increase R&D globally.

Microsoft's move into India is tremendous - the giant "invest 1.7 billion US dollar in India and nearly double its workforce through 3,000 new jobs over the next four years, as it plans to make the country a major hub for its research and product development. The investment will also go towards setting up offices in 33 cities for enhanced market penetration as well as addition of 700 retail outlets."

(By Asia Business Consulting)