Feeds

IBM promises $6bn for India

Big Blue promises big spending

The Power of One eBook: Top reasons to choose HP BladeSystem

IBM is spending $6bn in the next three years to extend and improve its operations in India.

This is triple the $2bn IBM has spent in India over the last three years.

IBM chief executive and chairman Sam Palmisano, speaking in Bangalore, said: "India and other emerging economies are increasingly (becoming) important part of IBM's global success. IBM is not going to miss that opportunity." More from the Beeb here.

Big Blue will use the money to develop a telecoms research centre in Delhi. The idea is that IBM will be able to offer businesses "one-stop-shopping" for software, services and hardware

Two years ago IBM bought Indian outsourcing firm Daksh, since then it has grown to 20,000 employees. IBM Indian claims to be the largest multinational company operating in India and employs 43,000 staff - up from just 9,000 in 2004.

Indian software exports are expected to hit $60bn by 2010, according to industry association NASSCOM.

What is not clear from the announcement is whether jobs will be lost elsewhere in IBM's world. Last year the firm cut 13,000 jobs - mostly in Europe, in order to cut costs.

In other news Apple has decided to pull the plug on a planned call centre in Bangalore. Apple had hired about 30 people for the new centre but is now binning the idea. More from CNet here.

Bridging the IT gap between rising business demands and ageing tools

More from The Register

next story
Doctor Who season eight scripts leak online
BBC asks fans to EXTERMINATE copies before they materialise
LG unfurls flexible SEE-THROUGH 18-inch display
Roll up, roll up for 60-inch telly scrolls by 2017
The final score: Gramophones 1 – Glassholes 0
My life according to a Google Arse
UK's emergency data slurp: IT giants panicked over 'legal uncertainty'
PM says rushed-through DRIP law will 'plug holes' in existing legislation
Report: UK.gov wants to legislate on comms data BEFORE next election
Ministerial alarm sets in over EU court's data retention ruling
IBM's $3bn bet on next-gen computers: Carbon nanotubes, neuro chips
Big Blue exec tells El Reg what to keep an eye on
Google Ventures opens new fund in London
El Reg has a new neighbour. So. Who's for a game of knock, knock, Ginger?
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
The Power of One Brief: Top reasons to choose HP BladeSystem
Download this brochure to find five ways HP BladeSystem can optimize your business with the power of one.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.