IBM Global Services, Bangalore, has bagged a 10-year project from AT&T. More than 5,000 people could be working on this project.
Sun Microsystems has identified its Indian operations as one of the top five locations with potential to earn over $1 billion revenue over the next five years. Its manpower in India may increase from 400 to 4,000 in the coming years.
Cisco has bought 29 acres of land in Bangalore and plans to invest Rs 900 crore over the next few years in expanding operations.
HSBC plans to hire 1,400 people for software development and IT-enabled services.
GE plans to invest $800 million in IT and expects software exports from India to rise to $3 billion by 2004 with software outsourcing expected to account for a third of the export targets.
Intel is investing $25 million in India for a technology development centre in Bangalore and could expand engineering staff by 50 per cent.
Computer Science Corporation is setting up development centres in Noida and Hyderabad with a staff strength of 400 people.
Accenture, which recently started its new technology development facility in Mumbai, plans to expand.
Consultancy firm Cap Gemini Ernst & Young is planning to set up its second software development centre in India, which will double its employee strength.