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Financial Daily from THE HINDU group of publications Saturday, December 09, 2000 |
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Motorola to invest $40-50 in SDC
Our Bureau
BANGALORE, Dec.8.
MOTOROLA India Electronics Ltd, the largest software centre of the company's global software group, has decided to invest about $40-50 million to set up a 5,00,000 sq.ft software development centre (SDC) in Whitefield.
The new campus is aimed at consolidation its facilities, spread over two places in Bangalore.
It will serve as a major base for its global requirements of software and designs in the future technologies like GPRS, Bluetooth and WAP wireless telecom equipment.
The company has already acquired 14.5 acres of land to build a state-of-the-art technology centre.
Announcing this at a press meet jointly addressed by Mr Mohan Kumar, Managing Director, Asia-Pacific, and Mr Soumitra Sana, Managing Director, India, said that the first phase of the SDC campus in Whitefield would be completed by 2003 with a built-up are
a of 1,50,000 sq. ft at an investment of $12 million.
The remaining 3,50,000 sq. ft. will be built two years later. When completed, the SDC will have the facility for 2,500 design and software professionals under one roof.
Currently, it has less than 900 software professionals and about 400 personnel in two IC design centres at Gurgaon, and NOIDA near Delhi.
Motorola, which has software centres in Bangalore and Hyderabad, will concentrate on consolidating its facilities in Bangalore, where the facilities are in different places. Besides the SDCs, Motorola has two IC design centres in Gurgaon.
Motorola India Electronics, which set up its software centres in 1991, has made a steady growth with its turnover crossing Rs 100 crore mark last year.
It has projected an earnings of Rs 145 crore by the end of fiscal 2000 (the company follows the calendar year for its fiscal accounting).
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