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Invensys to invest $20 m in Hyderabad

HYDERABAD: Invensys, a technology and automation solutions provider, will invest $20 million in its Hyderabad development centre in 2008. Invensys launched its India operations in 2002. Head of global development and senior vice-president of the company Steve Young said at a press conference here on Wednesday that the headcount in India would grow from 330 to 530 with the new investment. The company has invested $35 million in India so far.

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