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January 24th, 2010
India Offers Google More Hospitable Asian Home
Abstract:
Indian information technology firms are anticipating sizeable commercial gains if Google Inc. makes good on its threat to pull out of China, eschewing more than $300 million in annual revenues and disbanding its 700 employees there.
At a macro level, analysts say, Google's decision should help India attract investment in sectors like IT, nanotechnology, pharmaceuticals, energy and publishing where there is greater involvement of intellectual property rights as India has a stringent legal framework. While Chinese concerns over privacy and human rights clash with that of the West's, India's strict cyber laws ensure and respect the independence of the companies.
Source:
koreatimes.co.kr
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