IBM India is the
Indian subsidiary of
IBM. It has facilities in
Bangalore,
Delhi,
Kolkata,
Mumbai,
Chennai,
Pune,
Gurgaon,
Noida,
Chandigarh and
Hyderabad.
Between 2003 and 2007, IBM's
head count in India has grown by almost 800%, from 9,000 in 2003 , an
Associated Press article via accessnorthga.com Since 2006, IBM has been the multinational with the largest number of
employees in India., a June 2006 article from
BusinessWeek More than one quarter of IBM's employees are from
India and is expected to grow. It is expected that in 2011 , IBM will recruit approximately 24,000 more employees taking it to a total of nearly 154,000 employees from
India.
Growth and future initiatives
IBM, in an analyst meeting held at
Bangalore on June 6, 2006 stated that IBM's India plans are for the long term & committed to invest $6 billion in the next three years in India, triple the amount invested in the three years preceding the meeting.IBM worldwide expects its revenues to be around $120 billion by 2010, of which nearly $86 billion (68%) would come from
IBM Global Services alone, with an estimate of about 200,000 employees. IBM India would account for 90,000 of these. Roughly translated, IBM's Indian employees would generate $35 billion of IBM's revenues in...
Read More