Google to Invest $1 Billion In India
GigaOm: Google to Invest $1 Billion In India :
A few days after in announced plans to set up a R&D Center in China, Google has now decided to invest up to $1 billion on a back office in Indian state of Andhra Pradesh, according to news reports. The proposed center, which the Indian government just approved, will likely be spread over a million square feet in what is called a â€™special economic zoneâ€™ in the southern state. Dellâ€™s and Accentureâ€™s investments were also given the go-ahead.
Google currently operates a development center in Bangalore. Googleâ€™s India office was responsible for coming up with Google Finance. About half a dozen technology companies have announced plans to invest a billion dollars or more in India
I am guessing it would be Hyderabad, but it would be great if Google sets up in Visakhapatnam.