WHEN WILL KERALA WAKE UP FROM SLEEP ? Posted Date: 23 Oct 2006      Posted By:: Raj     Member Level: Bronze    Member Rank: 0     Points: 1   Responses: 0
When will Keral's name comes in news like the one below. What the hell these ministers in kerala doing ? Are they sleeping ? Are they blind & deaf ? Kashtam.... See the kind of investments going on in our neighbouring states below. India is going to emerge as a manufacturing hub in the telecom and IT sectors within two years with global companies committing a significant $16,675 million for setting up their manufacturing centres in the country. There are some big ticket investments proposed by Cisco systems, Intel and SAP, IBM and Microsoft. Along with this, the SemIndia-AMD combine has also committed to invest $3 billion into the manufacturing hub for semiconductors planned near Hyderabad. IBM will invest $6 billion in the next three years for new service delivery centres in Bangalore and a telecom research facility in New Delhi. Additionally, Microsoft has announced that it will invest $1.7 billion in the next four years for a research & development (R&D) centre in Hyderabad and Windows XP starter edition multilingual version in another State. Intel will pump in $1 billion in Bangalore, Mumbai and other States for its R&D and for ‘dedication of Intel’s first made in India platform for notebook Napa. Cisco has firmed up plans to invest $ 1.1 billion in Chennai for what it calls NGN lab for email governance networking in IT and telecom sectors across the nation. Furthermore, Nokia has invested $200 million to set up a mobile handset-manufacturing unit in Chennai that will provide employment to 10,000 professionals. The unit was inaugurated in March this year. South Korean chaebol LG invested $12 million to set up a manufacturing unit in Rajnandgaon, near Pune, whereas its compatriot Samsung started its manufacturing in Manesar this year and plans to invest $200 million in the next three years. Interestingly, Samsung is on the lookout for another manufacturing unit in the South and a decision on the prospective site is expected within a month
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