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India : Truth Alone Triumph - 6 (Foreign Multi-National Companies)

Top 5 American employers in India :

General Electric - 17,800 employees
Hewlett-Packard - 11,000 employees
IBM - 6,000 employees
American Express - 4,000 employees
Dell - 3,800 employees

General Electric (GE) with $80 Million invested in India employs 16,000 staff, 1,600 R&D staff who are qualified with PhD's and master's degrees.

The number of patents filed in USA by the Indian entities of some of the MNC'S (up to Sep'2002) are as follow:

Texas Instruments - 225
Intel - 125
Cisco Systems - 120
IBM - 120
Phillips - 102
GE - 95

Staff at the offices of Intel (India) has gone up from 10 to 1,000 in 4 years, and will reach 2000 staff by 2006.

GE's R&D center in Bangalore is the company's largest research outfit outside the United States. The centre also devotes 20% of its resources on 5 to 10 years fundamental research in areas such as nanotechnology, hydrogen energy, photonics and advanced propulsion.

It is estimated that there are 150,000 IT professionals in Bangalore as against 120,000 in Silicon Valley.

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