Google to start R&D in India
Friday, 12 December 2003, 20:30 IST
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SAN FRANCISCO: Google, the No. 1 search engine in the United States, on Thursday said it plans to open its first offshore research and development center in Bangalore early next year. The Mountain View, California, company – which is widely expected to do an initial public offering in 2004 – is the latest in a long line of high-technology companies to set up shop in India, which has a large number of educated workers who are paid hourly wages that are significantly lower than in the United States. A company spokesman said the move aims to take advantage of India's "considerable engineering and technical talent" and is not a cost-cutting move. (Can India be the R&D capital of information technology?) Privately held Google has research and development centres in Mountain View, Santa Monica, California, and New York. While it dominates the Internet search sector, Yahoo and Microsoft are spending millions of dollars to challenge its position
Source: IANS