Tuesday, July 27, 2004

Michigan Univ. Opens Business Research Center in Bangalore

Michigan Univ. Opens Business Research Center in Bangalore

The University of Michigan has opened a business research center in Bangalore, India, center of India’s’ booming computer technology industry. The center is a part of the university's business school.



University of Michigan is among a growing number of US business schools using India as the role model for the global economy, even as many American workers and politicians rally against offshore outsourcing.



According to Mayuram S Krishnan, one of the two co-founders of the Center for Global Resource Leverage: India, “It is an acceptance of a reality that we need to prepare our students. Outsourcing is just a small component of what we will do.” In June, 2004, the University of Michigan had set up a permanent office at the Indian Institute of Information Technology (IIIT) in the city.



Krishnan added that the response from students willing to travel to Bangalore was overwhelming, as most students understand that they will manage a global work force and make decisions regarding outsourcing and emerging markets.



Since the late 1990s, Bangalore has developed into a research, education and industrial hub. More than 1,300 foreign and Indian technology companies employ around 150,000 employees.



Reported by mlive.com

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