EMC Corporation, information infrastructure solutions provider, has announced on Wednesday that it will invest an incremental $1.5 billion in India over the next five years (2010-2014), a threefold increase to previous investments made by EMC in India over the previous five years.
At the inauguration of EMC’s new facility Yeddyurappa, chief minister of Karnataka, said, “EMC’s investment is testimony to the self sustaining ecosystem India has built and the opportunity it offers businesses to effectively compete in the global economy. The Government of Karnataka has a proactive policy of facilitating investments in the state and aiding the growth of Karnataka as the IT capital of India. We congratulate EMC on this momentous occasion and assure our support to its growth plans.”
The incremental investment is focused on expanding R&D infrastructure at the India COE, increasing EMC Global Services capabilities and adding more technologists to drive deeper levels of engagement and support for local customers and partners.
Thursday, September 10, 2009
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