Compaq Computer Corp says it could double its investment in India by 2002, reports Reuters. Compaq has invested around $20m so far and just established Compaq Computer (India) Pvt Ltd as a wholly- owned subsidiary. According to IDC figures, India’s information technology market is set to grow at 28% a year over the next five years. Compaq, the leading foreign PC brand in India, expects to sell around 50,000 units this year.