Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 863 Wed. November 01, 2006  
   
Business


IBM to set up development centres in India, China


IBM , the world's largest computer services company, said on Tuesday it would set up two new IT solutions centres in India and China, underscoring the Asian countries' growing importance as a hub for outsourcing.

The new centres, in the Chinese capital of Beijing and Pune in western India, will each employ 500 people, Jeby Cherian, director of IBM's global business solutions center, told Reuters in a phone interview from Bangalore.

Earlier in October, IBM relocated its global procurement headquarters to Shenzhen in southern China. The company has also made India a global delivery hub for software needs and client services.