Adobe Systems Plans To Invest $200 Million Over Next Five Years In India


The Economic Times: The digital publishing software company Adobe Systems would be investing over $200 million in India over the next five years and will ramp up its India headcount to 900, up from the current 650, by the end of the year. India already accounts for 12% of Adobe’s total global employee strength, and almost a fourth of its global engineering strength.
This was stated by Bruce Chizen, CEO of Adobe Systems, who is in India to announce a slew of new initiatives for the country. Adobe Systems was one of the first global software majors to realise India’s R&D potential when it set shop here in 1998 under Naresh Gupta. India is the second largest R&D centre after the US for Adobe Systems. –

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