IBM bets big on India, logs in to small towns for R&D build-up
Arvind Krishna, chairman and CEO of IBM Inc, said the business was expanding dramatically at a round table with the media in the capital. “We have just announced the opening of centres in Kochi and Ahmedabad, in addition to the four R&D centres in Bangalore, Hyderabad, Pune, and a smaller one in Delhi.” “We’ll add a few thousand dollars each year to our R&D centres and tens of thousands to our consulting business,” he added.
According to Krishna, one reason for the shortage of technological skills is that every organisation and government has realised that technology is not an expense but a necessity for gaining a competitive advantage.India’s educational system is excellent. I believe that expecting perfect talent makes no sense, but if the talent is excellent enough, IBM will provide instruction. “We’re putting a lot of money into skills to help fill the pipeline,” he said.
During his visit, Krishna met with Railways, Electronics and Communications Minister Ashwini Vaishnaw, State IT Minister Rajeev Chandrasekhar, and Finance Minister Nirmala Sitharaman. One of the topics considered was the training of Indian labourers.
One topic was what we can do in India to produce a workforce that goes beyond IITs and prepares India for the digital revolution. It’s a subject about which we’re quite enthusiastic. “We devote 100 percent of our CSR to employee development,” Krishna explained.
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