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April 18th, 2007
Are Indian Outsourcers Losing Their Edge?
IBM has more than doubled its India staff to 53,000, has spent $2 billion there since 2004, and plans to spend another $6 billion by 2009. IBM has major research labs on the ground that delve into everything from nanotechnology to chip design. It is also raking in considerable revenue (sales clocked 37% year-on-year growth in 2006) from its servers, software, and consulting business in India.
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