The American computer firm Microsoft has announced that it will invest four hundred million dollars in India over the next three years. The investments will include information technology education and the development of software for the local market.

Part of the investment will be in IT education in local schools, and it will affect three and a half million students and eighty thousand teachers.

The investment in the development of software will create three hundred more jobs in the southern Indian. This was the largest investment Microsoft had made outside the United States.

As Microsoft’s Chairman, Bill Gates pointed out that India is of strategic importance. He did not believe the suggestions that the world wide growth in the software industry would slow down.

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