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IBM Targets China for Expansion

IBM said that it could open four offices annually in second-tier Chinese cities in coming years to take advantage of robust growth and a deep talent pool, according to a news report from Reuters.

IBM told Reuters that the expansion would come after completing IBM's Asia-Pacific office Shanghai from Tokyo this year. The availability of talent pools in China has initiated the move from Tokyo.

IBM had 22 offices in China at the end of last year. The company said revenue in China rose 15 percent.

The next target for IBM is India, the company’s fastest growing market. It employs 43,000 staff in India, the center of the world's software services industry, and 7,300 in China, the world's manufacturing hub. IBM has made India a global delivery hub for software needs and client services.

IBM’s investment in India has tripled over the past three years. It had earlier invested USD 2 billion over the past three years, making the investment the biggest by a multinational firm in India in recent years. It dwarfs the USD 3.9 billion combined investment announced last year for India by three U.S.-based companies - Microsoft Corp., Intel Corp. and Cisco Systems Inc.

The company in June announced that it plans to invest nearly USD 6 billion in India over the next three years.

IBM's plans in India include centres to automate information technology services and provide clients with "one-stop shopping" for hardware information and products.


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