India no longer a preferred destination for MNCs: Microsoft
Kolkata: Global software major Microsoft on Thursday said that for MNCs, India is no longer a preferred destination. Microsoft India chairman Bhaskar Pramanik said this when asked if the company is considering any R&D centre for West Bengal as it seeks to work closely with the state government.
“It doesn’t make sense any more. For MNCs India is no longer a preferred destination. We have lots of issues concerning our operation here,” said Pramanik.
He was speaking to reporters on the sidelines of Infocom 2011 conference organised by Businessworld.
Pramanik later clarified that he was speaking about technology and IT companies.
“I think a lot of that need to be resolved. We have to be cautious about any new investment in the state,” he said.
Asked what the issues were, he declined to list the challenges or issues the technology MNCs were facing.
“I think you had better talk to Nasscom. It is the voice of the industry,” he said.
Nasscom regional (east) head Suparno Moitra declined to comment.
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