Thursday, August 10, 2006

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 ’special economic zone’ in the southern state. Dell’s and Accenture’s investments were also given the go-ahead.


Google currently operates a development center in Bangalore. Google’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.


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