The global corporations have pledged investments of $8.6 bn in the telecom and Information Technology sectors in 2005-06, according to the data compiled by Ministry of Communications and IT.
A consortium of non-resident Indians have proposed investment of $3 bn for silicon chip manufacturing facility near Hyderabad.
The consortium will be supported with technology and equity funding from chip maker AMD and memorandum of understanding to this effect has been signed with Andhra Pradesh government.
The second largest chunk of investment has been announced by largest software maker Mircosoft, which has announced investment of 1.7 billion dollars in the country on research and development, education, productivity and governance.
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