Microsoft starts India software Center.
JPR:
Here is a bit of interesting business news.
Say we got almost half of what we lost yesterday.
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Tuesday September 1, 7:20 pm Eastern Time
Microsoft starts India software center
HYDERABAD, India, Sept 1 (Reuters) - Microsoft Corp. (MSFT - news) has started operations at a software development center in India, a company official said on Tuesday.
''The center is an extention of the product development team in Redmond (Washington, where Microsoft is headquartered). We are focused on ensuring that we integrate with our product development activity in progress across the world,'' Srini Koppulu, general manager, Microsoft India Development Centre, told a news conference.
''The development projects undertaken at the center in Hyderabad are strategic to Microsoft,'' he added.
Koppolu said the capital investment in the center was around $3.0 million. Microsoft was also investing in computer hardware and software programmers.
''Right now, only 20 professionals will be working at the center. This is likely to to go up to 40 later,'' he added.
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