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IBM Investing Billions in India |
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Contributed by Howell
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Tuesday, 13 June 2006 |
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IBM plans to invest nearly $6bn in India over the next three years, the country's biggest inward technology investment to date as the US group builds its presence in the world's biggest offshore technology services market.
The investment illustrates how seriously IBM is taking the emerging rivalry of Indian information technology companies, whose lower-cost model is challenging the big western com-panies.
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