BBC NEWS Americas Africa Europe Middle East South Asia Asia Pacific
BBCi NEWS   SPORT   WEATHER   WORLD SERVICE   A-Z INDEX     

BBC News World Edition
 You are in: Business  
News Front Page
Africa
Americas
Asia-Pacific
Europe
Middle East
South Asia
UK
Business
E-Commerce
Economy
Market Data
Entertainment
Science/Nature
Technology
Health
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
SERVICES
-------------
EDITIONS
Tuesday, 12 November, 2002, 09:29 GMT
Microsoft to plough $400m into India
Bill Gates
Mr Gates is mixing business with charity
Software behemoth Microsoft is to invest $400m (252m) to expand its activities and promote technology development in India.

The announcement comes as Billl Gates, the company's chairman, is touring India on a trip mixing business with philanthropy.

On Monday, he announced that his charity, the Bill and Melinda Gates Foundation, was to make a $100m grant to tackle Aids in India.

Mr Gates said these new investments, to be spread over three years, would include expanding the company's software development centre and improving computer literacy in India via a number of different projects.

"As we enter the digital decade the opportunities before us to drive innovation are immense," Mr Gates said in a statement.

"This presents a unique role for the government of India to create vibrant knowledge-based economy that encourages innovation."

Indian boost

Details of the investments are still to be worked out, but the firm said it would increase the number of engineers at its software development centre in Hyderabad from the current 150 to 500 by 2005.

As well as investing in Microsoft India, the firm will also be ploughing $1m into Media Lab Asia, a government technology research institute, and $20m into Shiksha, an online learning project.

Mr Gates made the commitments during an hour-long meeting with Communications and IT Minister Pramod Mahajan.

The two also discussed telecom growth in the country in the past two years, government's efforts in tackling the digital divide and the community information centre projects in the north-east of India.

Like many international software firms, Microsoft is increasingly reliant on India as a source of cheap programming talent.

Some 20% of the company's software engineers are of Indian extraction.


The settlement

Appeal court ruling

Appeal hearing

Analysis
See also:

11 Nov 02 | South Asia
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories

© BBC ^^ Back to top

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East |
South Asia | UK | Business | Entertainment | Science/Nature |
Technology | Health | Talking Point | Country Profiles | In Depth |
Programmes