Intel to Invest $1B in India for Research, Start-Ups

[IGBT]

Text

Intel is among a long list of firms that have set up huge outsourcing operations in India, which have become the driving force of a $17.2 billion software services industry.


It has already invested $700 million in Asia's third-largest economy over the past decade and provided venture funding worth more than $100 million to 40 firms such as computer trainer NIIT Ltd. and telecoms software firm Sasken Communication Technologies Ltd.

"We will grow our local operations, boost venture capital investments and work closely with the government, industry and educators," Chairman Craig Barrett told reporters.

Barrett, on his seventh visit to India, said $800 million would be invested over the next five years to expand research and development at Bangalore in addition to marketing, education and community programs.

 

[Qwest]

indeed

 

[EatSpam]

But its GOOD for America!

 

[Aimster]

Who do you think came up with this idea?

Indians in the U.S.

They got education, they do their jobs well and they get prompted to VP, President roles. They call all the shots.

In the Comp industry you will see a lot of Indian people in high up positions.

Education pays.

 

[Reckoner]

Originally posted by: Aimster
Who do you think came up with this idea?

Indians in the U.S.

They got education, they do their jobs well and they get prompted to VP, President roles. They call all the shots.

In the Comp industry you will see a lot of Indian people in high up positions.

Education pays.

Slave wages don't hurt either

 

[envy me]

AMD FTW!

 

[snoopdoug1]

Originally posted by: PaulNEPats

Originally posted by: Aimster
Who do you think came up with this idea?

Indians in the U.S.

They got education, they do their jobs well and they get prompted to VP, President roles. They call all the shots.

In the Comp industry you will see a lot of Indian people in high up positions.

Education pays.

Slave wages don't hurt either

QFT

 

[Remy XO]

In business, the only color that matters is green

Edit: well now pink, purple, and blue

 

[paulney]

Originally posted by: Aimster

In the Comp industry you will see a lot of Indian people in high up positions.

Selective hiring pays.

Fixed.

I've seen quite a few companies with 'Indian' effect. Once you hire several Indians and promote one to a manager - the whole group becomes Indian in a matter of time. Old non-Indian employees leave, new ones that come in are only Indian.

Higher execs of Indian decent replace others with their buddies Indians. A lot of times it ruins the company, because Indian education and ability to code is not all that great. Other times companies that do outsourcing to India go bancrupt and close, because outsourcing dept. doesn't give a rat's ass about the company goals or steals technology and sells it to someone else.

 

[vrbaba]

Originally posted by: paulney

Originally posted by: Aimster

In the Comp industry you will see a lot of Indian people in high up positions.

Selective hiring pays.

Fixed.

I've seen quite a few companies with 'Indian' effect. Once you hire several Indians and promote one to a manager - the whole group becomes Indian in a matter of time. Old non-Indian employees leave, new ones that come in are only Indian.

Higher execs of Indian decent replace others with their buddies Indians. A lot of times it ruins the company, because Indian education and ability to code is not all that great. Other times companies that do outsourcing to India go bancrupt and close, because outsourcing dept. doesn't give a rat's ass about the company goals or steals technology and sells it to someone else.

I guess, AT is also going bankrupt and closing down soon, then.

Quick....everyone get to Lifer before there is no money left to pay for the bandwidth and hosting by Anand.

 

[Aharami]

Originally posted by: vrbaba

Originally posted by: paulney

Originally posted by: Aimster

In the Comp industry you will see a lot of Indian people in high up positions.

Selective hiring pays.

Fixed.

I've seen quite a few companies with 'Indian' effect. Once you hire several Indians and promote one to a manager - the whole group becomes Indian in a matter of time. Old non-Indian employees leave, new ones that come in are only Indian.

Higher execs of Indian decent replace others with their buddies Indians. A lot of times it ruins the company, because Indian education and ability to code is not all that great. Other times companies that do outsourcing to India go bancrupt and close, because outsourcing dept. doesn't give a rat's ass about the company goals or steals technology and sells it to someone else.

I guess, AT is also going bankrupt and closing down soon, then.

Quick....everyone get to Lifer before there is no money left to pay for the bandwidth and hosting by Anand.

hahaha. the ignorance is strong with paulney

 

[paulney]

hahaha. the ignorance is strong with paulney

Yeah, right. If you have no idea what I'm talking about then STFU.
I suggest you open your eyes a little bit and look into the subject a little bit. BTW, how do you like your Cisco router? Would you mind getting an exact same one from China but 'designed and manufactured' in China? Guess who stole the specs to the exact error message and sold it to Chinese? That's right. You are a tool. :roll:

I'm not saying every Indian is like that, but the trend in the industry is quite strong.

 

[paulney]

I guess, AT is also going bankrupt and closing down soon, then.

Quick....everyone get to Lifer before there is no money left to pay for the bandwidth and hosting by Anand.

What a great analogy! I bow down to you, the Master of the Witty Response.