New Delhi: Microsoft Chairman Bill Gates on November 12 announced a major investment
of about Rs 2000 crore in India over the next three years and said it would be the
company's largest set of investment outside the US aimed at forging strong Indian
partnerships.
"This would be the largest set of investment we have done outside US. The investment
of $ 400 million (Rs 2000 crore) would span education, partnerships, localisation and
development activities," Gates, who is currently on a four-day visit to India, told
reporters in New Delhi.
Continuing the investment in its Indian Development Centre, the company would invest
$ 100 million over the next three years and increase its strength to 500
professionals by 2005 from the current 200.
Gates said Microsoft would invest in skills development and .Net readiness of its
Indian partners to enable them to leverage global opportunities around. . Net, which
in simple
terms is a software to connect information, people, systems and devices.
"India is of strategic importance as its developer and skill base continue to grow.
Today an increasing number of .Net projects across globe are being developed by
talented
Indian companies; the Indian developer community is creating next generation .Net
applications," Gates said.
In order to accelerate computer literacy at the school level, Microsoft would
initiate project "Shiksha", as part of which 80,000 school teachers and 3.5 million
students would be covered over the next five years.
PTI