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Adobe Writes $50m Investment Plan

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Our Corporate Bureau BUSINESS STANDARD

Adobe Inc, the US-based publishing software major, has drawn up plans to invest up to $50 million in India over the next five years.

This would include investments in expanding its infrastructure and research and development activities in the country.

The company also said that it is open to acquisitions in India if it finds a right technology company.

Inaugurating its new facility in Noida, which has been built on an investment of over $10 million, Shantanu Narayan, Adobe executive vice-president (worldwide products), said:

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First Published: Oct 09 2002 | 12:00 AM IST

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