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IBM opens new facility in India for outsourcing

Tue Feb 5, 2008 1:52am EST

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BANGALORE, Feb 5 (Reuters) - International Business Machines Corp (IBM.N), the world's largest computer services company, said on Tuesday it had launched a new centre in India to meet robust global demand for outsourcing.

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The facility in Noida, an information technology hub on the outskirts of New Delhi, will provide application services to IBM's global clients, the company said in a statement.

The U.S. giant will open another centre in the vicinity that will be fully operational by mid-year, it said. The two centres will house about 3,000 employees.

In June 2006, IBM said it would invest $6 billion in India over three years, underscoring Asia's third-largest economy's growing importance as a hub for information technology outsourcing and research services.

India's low-cost, English-speaking engineering workforce has attracted a slew of global companies such as IBM and Accenture (ACN.N), which outsources services such as supply-chain management, payroll processing and financial analytics. (Reporting by Sumeet Chatterjee; Editing by Ranjit Gangadharan)

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