US software cos plan to invest $20m in India

By SiliconIndia   |   Friday, 21 February 2003, 08:00 Hrs
Printer Print Email Email
MUMBAI: Two US-based software majors Financial Technologies International (FTI) and TCG Software Services are planning to invest $20 million in India over the next four years.

Apparently, FTI is planning to make investments in its recently launched Offshore Total Centre in suburban Andheri from where to plans to offer support to its offshore clients. This centre will be integrated to centres in US and Austria and also be involved in R&D support.

As for TCG Software, the company is currently in the process of firming up plans for recruiting 400 people in India by September 2003.

Headquartered in the US, TCG Software is a technology and IT firm, with focus on mobile solutions, e-business, telecom and data networking domains.



SPOTLIGHT
Google's Gboard gets offline
Google is adding an Artificially Intelligent (AI) offline dictation feature on its Gboard keyb..
IBM announces programme
n a bid to recognise the contribution of developers in the open source community, Information ..
Facebook denies cyber attack
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suf..
Wipro opens third industrial
IT major Wipro Ltd on Thursday opened its centre of excellence for Industrial Internet of Things (..