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Sun to invest $5 mn more in India

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April 15, 2005 15:52 IST

Sun Microsystems has committed an additional $5 million to push its academic initiative in India.

"Our latest matching grant proramme will allow education institutions to purchase selected items at Standard Education Prices and qualify for second identical unit free," Dinesh Bahal, regional director - international (education and research) at Sun Microsystems said.

"The company will spend $5 million on the matching grant programme that will run till middle of June. All degree granting institutions will be eligible for it," he said.

India is one of the few markets where this proramme will run.

Earlier, under the academic initiative programme Sun was providing software and course material free to academic institutions.

"Sun is growing at the rate of 52 per cent year-on-year in India and our target is to grow at double the industry rate," K P Unnikrishnan managing director (marketing) at Sun Microsystems India said.

The company's development centre in India has grown up to 1,000 people. "We are adding anywhere between 200-250 people in India annually," he said.

"Our India Engineering Centre is working only in creating new intellectual property. Nothing has been outsourced to India," Unnikrishnan said.
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