What Microsoft will do with hundreds of new employees in India is not clear
Published:
16 November 2004 y., Tuesday
What Microsoft will do with hundreds of new employees in India is not clear. However, it is clear that there is opportunity for high-tech growth in Asian nations like India and China. Other high-tech firms, like IBM, are also setting up outsourcing shops in India, and analysts expect the movement toward Asian countries to become an ongoing trend.
On the heels of Red Hat's foray into China last week, Microsoft today announced that it will hire hundreds of new employees at its Indian campus next year.
Microsoft currently employs 800 people at its US$400 million, 28-acre campus just outside India's high-tech hub of Hyderabad in Manikonda. Company executives said the hiring spree is aimed at leveraging growth opportunities in Asia's fourth-largest economy.
"I am quite sure of hiring hundreds over the next 12 months," Reuters quoted Microsoft CEO Steve Ballmer as saying. "The work we are doing here is not low-level. It's very high-level creative engineering."
Šaltinis:
E-Commerce Times
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
On 11 February, heads of state or government of European Union member states will meet in Brussels to seek a commitment towards implementing a revitalised economic strategy to boost employment and growth in the EU.
more »
International Monetary Fund forecasts that Lithuania’s economy will grow 1.6 % this year, making it “the only one of the three Baltic economies expected to be in the positive territory in 2010”.
more »
Raynair announced it would open its 40th and 1st Central European base at Kaunas, Lithuania’s second largest city, in May with 2 based aircraft and 18 routes.
more »
A new Partnership Strategy for Morocco has been approved by the Board of Executive Directors of the World Bank.
more »
The electric car is an opportunity for European industry.
more »
The EBRD’s Board of Directors has adopted a new strategy for Kazakhstan, which reinforces the Bank’s commitment to further support the Kazakh economy and sets out the priorities for its activities in the country over the next three years.
more »
The European Commission has authorised, under EU state aid rules, plans notified by Sweden to provide a guarantee that would enable Saab Automobile AB to access a loan from the European Investment Bank (EIB).
more »
At the informal meeting of the Ministers of Competitiveness (Science and Industry), to be held between 7 and 9 February in San Sebastian, the issues on the table will include placing science at the top of the EU agenda and showcasing its role in economic recovery, as well taking the debate on the electric vehicle to EU level.
more »
The Executive Board of the International Monetary Fund (IMF) today approved a 27-month Stand-By Arrangement with Jamaica in the amount of SDR 820.5 million (about US$1.27 billion) to support the country’s economic reforms and help it cope with the consequences of the global downturn.
more »
Mr. Nadeem Ilahi, chief of an International Monetary Fund (IMF) staff mission to the Kyrgyz Republic, issued the following statement today in Bishkek.
more »