Financial Daily from THE HINDU group of publications
Friday, Apr 08, 2005
Financial Daily from THE HINDU group of publications Friday, Apr 08, 2005 |
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Info-Tech
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Telecommunications Motorola to invest $17 m every year in Bangalore R&D centre Our Bureau
Ms Padmasree Warrior.
Bangalore , April 7 MOTOROLA is setting up its applied research lab in India, with plans to invest $17 million a year in its Indian R&D activity over the next few years. "This lab reflects our commitment to grow India as a strategic R&D hub for engineering and product development," said Ms Padmasree Warrior, Executive Vice-President and Chief Technology Officer. Motorola believes India is the ideal region for applied research and software development, she said, adding that the country would be a focus for soft manufacturing for now, although the company was looking at investment options for handset manufacturing. Motorola's investments in the past couple of years in India have amounted to $85 million in technology and R&D, taking its total investment to $150 million, Ms Warrior said. The company said it plans to grow this investment by 10-20 per cent per year, "This lab will work with the global team in creating the technology, applications and the unifying architecture to realise Motorola's vision of seamless mobility," Ms Warrior said. "The lab will also develop an understanding of the complexities of the Indian market and interpret the seamless mobility vision for India." Motorola, which has 2,000 of its 4,600 R&D staff in India said it would ramp up headcount by 500 people and 25 per cent people growth per year, a year, taking forward its plans to ramp up investments and strength in India. The company is also setting up a campus in Hyderabad this year, said Mr Soumitra Sana, MD, Global Software Group, Motorola.
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