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USD 10 Billion in 11 weeks

Submitted by Karthik on 8 December, 2005 - 10:13

With the announcement that Microsoft are planning on investing USD 1.7 billion into India (over four years), the total amount in terms of investment plans announced over the last 11 weeks has touched USD 10 billion. Most of these investments are scheduled to go into research and development.

Besides Microsoft [USD 1.7 billion], Cisco [USD 1.1 billion], Intel [USD 1 billion] and SemIndia with AMD [USD 3 billion] make up the bulk of the rest.

Links: Business Standard, The Hindu.