Financial Daily from THE HINDU group of publications Tuesday, Apr 18, 2006 |
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Info-Tech
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Infrastructure States - Andhra Pradesh MS, Honeywell allotted land in AP Our Bureau
Hyderabad , April 17 Microsoft Corporation India has been allotted about 6.8 acres of additional land near the existing campus here to meet its requirements for expansion. The company currently employs about 3,600 people and has projected that it would potentially recruit about 1,900 people here, the State Minister for Information, Mr Mohd Ali Shabbir, said here today. Briefing newspersons after the State Cabinet meeting, the Information Minister said the Microsoft campus was now spread across a 42-acre site and this land would enable them to further expand their operations. Alongside this, the US major Honeywell International has been allotted a 10-acre site that will enable to locate a campus here. The Honeywell management has indicated that it will employ about 5,500 people within three years and potentially invest about $10 million (about Rs 45 crore). Referring to the strides the State technology sector had made in the last 9 years, Mr Ali said during 1994 to 2004, the sector created jobs for about 80,000 people.
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