Comments on: IBM – India Bangalore Mirza

By: panasianbiz

panasianbiz — Tue, 06 Jun 2006 15:23:37 +0000

Thanks for these figures Utopian.

I think you are right, many people are likely to follow IBM's lead.

Thanks for dropping by and leaving a comment.

By: Utopian

Utopian — Tue, 06 Jun 2006 00:59:40 +0000

IBM is investing 6 billion dollars in India and raising it's headcount in
India to 20,000.India is IBM's largest
country organisation outside US.This is
more the signs of time than anything
else.Asia is critical not only for IBM
but all the companies that want to
remain competitive and profitable.

By: panasianbiz

panasianbiz — Mon, 05 Jun 2006 14:01:07 +0000

That's a great point, Neil.
I never thought of the costs to the investors to attend the meeting.

Thanks for pointing that out.

By: panasianbiz

panasianbiz — Mon, 05 Jun 2006 13:59:34 +0000

We'll know what they have planned in Asia in due time.

One thing is for sure...some guy in a small cubby in India now affects our lives 10,000 miles away, no?

By: panasianbiz

panasianbiz — Mon, 05 Jun 2006 13:58:15 +0000

But, if we consumers can save money as a result of outsourcing, isn’t that a good thing?

By: Neil

Neil — Mon, 05 Jun 2006 13:43:01 +0000

It definitely seems like India is important to IBM’s future. I just wonder how many investors are going to be able to make the trip to the meeting when it’s held on the other side of the planet. Is this really smart? It’s one thing to say India and Asia are important to the company’s future growth. But it’s another thing to say to investors “You’re going to have to spend roughly four times as much to attend a meeting we hold specifically for you just because we want to send a message to a developing country/continent.”

By: mark cerezo

mark cerezo — Mon, 05 Jun 2006 12:23:41 +0000

they must be growing more in asia. they also must have something big coming.

By: Julie Taylor

Julie Taylor — Mon, 05 Jun 2006 11:53:27 +0000

I’m not surprized that Asia is going to get a role in IBM’s future. Jobs are being outsourced to India. And most of the products that are sold in america are made by asian countries, it seems natural that Asia would want to be a part of important company like IBM. It’d great for them not not so great for us, because of the outsourcing.