Microsoft makes local arm independent hub

Microsoft is giving its Indian subsidiary the status of being an independent strategic business hub. A formal announcement to this effect will be made soon.

The company, to date, was part of the company's Asia Pacific business area. Microsoft currently has 10 business zones "" North America, Western Europe, Europe, Middle East, Greater China region including China, Hong Kong and Taiwan, Asia Pacific and others. India now joins this list.

"We have already considered this in-principle. The decision has been taken because India not only provides a good market but also fantastic appetite for technology," said Jean-Philippe Courtois, Microsoft Corporation senior vice-president.

"Another dimension is that Indian market is growing very fast and is the second biggest location outside the US," he added.