Indian telecom company sets up a software unit in Bangalore
Usha Electronics & Software Technology, Calcutta, has announced plans for setting up of a software facility in Bangalore with an investment of Rs. 3.5 to Rs. 4 Crores ($ 1 to 1.1 million), and the upgradation of its Calcutta facility to meet the growing requirements of the rapidly emerging telecommunication and networking markets in India. The Calcutta facility would cater to the Asia - Pacific region.
The company has 2,500 professionals and provides global software products from India through its own offices in the US, UK and alliances in Malaysia and other European countries.
Information Management Resources of US to set up software facilities in India
The US-based Information Management Resources Inc. (IMR) is setting up its own software facilities at the Santa Cruz Electronic Export Processing Zone (SEEPZ), Mumbai, and at Noida, near New Delhi, as part of its global strategy to increase the capacity to meet the growing demands for Y2K projects and to leverage long-term maintenance contracts from these projects.
IMR’s India development centres are located in Bangalore and Mumbai. In Bangalore, the company will increase its space from 15,000 sq.ft to 60,000 sq.ft to house 750 software professionals. Likewise, at Seepz, IMR proposes to invest Rs.30 crores ($ 9 million) to construct a 30,000 sq.ft facility to house 500 software programmers.
Indian software company sets up a dedicated centre for Lanier Worldwide of US
The Bangalore-based BFL Software Limited (BFLSL), in alliance with US-based Lanier and Spectrum Software, a systems and consulting firm, has set up a dedicated software development centre at Bangalore, for Lanier Worldwide. The centre would specialize in medical documentation management.
MDC Systems of US plans a hightech offshore development centre in India
The US-based MDC Systems, belonging to CRT Medical Systems, is planning to start a high-tech offshore software development centre in India, which is expected to become operational by June 1998.
MDC would invest about $400,000 to $500,000 initially for opening a city office in Chennai, and a development centre on the outskirts of Chennai. The centre will be equipped with a 52 kbps satellite link to enable it to work directly with the US clients.
Thakral group of Singapore sets up a software facility in Bangalore
The Singapore-based Thakral group will invest about $3 million in the next 12 months on Raffles Software Pvt Ltd., a wholly-owned subsidiary, at Bangalore . The recently set up software centre will focus on applications in the areas of multimedia, Internet and Intranet, client-server technologies, mainframe and Y2K solutions.
Electronics and Data Systems of US is setting up a software centre in Chennai
The $14.4 billion Electronic Data Systems (EDS), the world’s largest independent IT solutions provider, is in the process of setting up a large software development facility in Chennai. The centre is expected to undertake work on Year 2000 projects and banking solutions.
The Chennai centre is expected to take up two ‘very key’ projects for a leading multinational bank. The first involves the creation of a global banking system, and the second for ensuring Y2K compliance for the bank’s legacy computer system.
Sun Microsystems to set up four more Java Competency Centres in India
Sun Microsystems proposes to set up atleast four more Java Competency Centres in India in the near future. The cities that are tentatively considered for setting up these Centres are among the following: Bangalore, Calcutta, Chennai, Mumbai and New Delhi. The idea is to set up the Centres in cities where software development work is already being undertaken. The investments in these Competency Centres will aggregate a few million dollars. These Centres will work with Sun’s Internet associate partners in the country to develop Java-based solutions.
Adobe Systems to set up an engineering centre for application software in India
Adobe Systems of US received the approval from the Foreign Investment Promotion Board of the Government of India for setting up a wholly-owned subsidiary and an advanced engineering centre in Noida, near New Delhi. The company will make an investment of $ 3 million on these projects.
The Indian engineering centre will be the company’s first engineering centre outside the US.