India is a favored outsourcing destination and a number of companies are looking forward to set up a base in this country. In order to make its presence further felt in this country IBM is eyeing acquisitions out here and therefore is looking forward for bigger IT outsourcing deals in the country.
The company is regarding India as an important part of its business strategy and therefore is looking forward to move further depending upon the businesses in the domestic market. The company is looking for more deals in the country even after having garnered multi million dollar deals from Indian telecom companies.
The share in revenues from India for IBM has crossed thirty seven percent by 2006 and the employee strength too has been doubled. IBM is planning to invest $6 billion by 2009 and this shows the commitment of the company towards the outsourcing sector of this company.
Via forbes
