IBM ups investment in India

Last month I brought up an article that showed how IBM was moving high-end research jobs into India. Well here is a continuation of that story.

IBM to invest $6B in India over next three years, tripling its investment of past three years. It dwarfs the $3.9 billion combined investment announced last year for India by three U.S.-based companies Microsoft, Intel and Cisco Systems. IBM said it planned to expand its services, software, hardware and research businesses in India.

I remember in 2000 when IBM opened a development center in Andheri (a western suburb in Mumbai) where they only hired the most brilliant few that they could find. IBM only had 4,900 employees in India in 2002, now it has 43,000. That's still only 14% of its worldwide number of 300,000. There is more room to grow. And don't just limit this to IBM, the competition is going to imitate the leader, meaning more jobs coming to India and other developing countries.

Now what is the reason to immigrate to a foreign land when all these companies are setting up shop next to your home?