• NY Times, Thursday, December 8, 2005 10:45 AM

Following in the footsteps of other multinational technology firms, Microsoft Corp. said it plans to invest $1.7 billion in India over the next four years, most of which will go into research and development, global software delivery and new retail outlets in 33 cities. Microsoft expects to almost double its staff there to 7,000 employees, up from roughly 4,000. In the last few months, tech firms Intel and Cisco Systems also said they each would invest about $1 billion in India. Workers there earn about a fifth of the pay of American workers in similar positions.

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