Adobe Has Invested $200 Million In India Since It Debuted In 1997

How much money has publishing software maker Adobe Systems plonked in India ever since it set up shop in the country in 1997. It’s $200 million, up from a modest $3 million when they set out, says Naresh Gupta, senior vice-president, print and classic publishing solutions business unit, and managing director, India R&D, Adobe India, in an interview to Business Standard. Adobe India’s research centre has contributed seeral products like Pagemaker 7.0 (in 2001), followed by Acrobat Reader (for handheld devices), and others like Frame Maker, RoboHelp, PostScript, Acrobat Reader on Linux, Photoshop Album and Premiere Elements (versions 1.0, 2.0 and 3.0) – all developed indigenously.
Adobe has had a decent run in India. It employs 850 people in India currently which will swell to 1,000 by year end. That’s 12 per cent of Adobe’s global employee strength and 25 per cent of the global engineering strength. It has also had more than 45 software patents from India. [Via Business Standard]