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 | Words in the News Wednesday 13 November 2002 Vocabulary from the news. Listen to and read the report then find explanations of difficult words below.
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| |  |  |  |  Microsoft into India Summary: The American computer firm Microsoft has announced that it will invest four hundred million dollars in India over the next three years. The Chairman, Bill Gates, said the investments will include information technology education and the development of software for the local market in India. This report from Adam Mynott.
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 |  | The News | |
| |  | Twenty-four hours after announcing that his charitable foundation was donating a hundred million dollars to help fight AIDS in India, the richest man in the world has said his company, Microsoft, will be investing four hundred million dollars in information technology and education projects.
Bill Gates said that the money would be spent over the next three years. Part of the investment will be in IT education in schools, affecting three and a half million students and eighty thousand teachers. He made the announcement after meeting India's Information Technology Minister, Pramod Mahajan, on the second day of a four day visit to India. There will also be three hundred more jobs created at Microsoft's computer software development centre in the southern Indian city of Hyderabad.
Bill Gates said this was the largest investment Microsoft had made outside the United States. India is of strategic importance, he said, as its developer and skill base continues to grow. He also rejected suggestions that the world wide growth in the software industry would slow down.
Adam Mynott, BBC, Delhi | | |
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 |  | The Words
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| |  | investment money given as a donation | | |
| |  | IT means information technology or the theory and practice of using computers | | |
| |  | affecting touching the lives of, having an influence upon | | |
| |  | software computer programmes | | |
| |  | of strategic importance very important, something that is strategic gives you an advantage | | |
| |  | skill base knowledge and ability in a particular area | | |
| |  | rejected did not accept, disagreed with | | |
| |  | world wide growth economic improvement across the world | | |
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