EMC to Invest $100M in India

Bolsters development center in the 'Silicon Valley of India' to handle Asia/Pac growth

November 27, 2003

2 Min Read
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EMC Corp. (NYSE: EMC), looking to bolster its international presence and tap into one of the international IT hotspots, plans to invest $100 million over the next five years in its development center in Bangalore, India.

The Bangalore facility is one of EMCs three major software development and support centers outside the United States. The other international centers are in Cork, Ireland, and Brussels, Belgium. The India center helps develop the PowerPath and ControlCenter platforms (see EMC Turns Up the Volume and EMC, BMC Bond Over Software).

"With India emerging as one of the fastest-growing markets for EMC in the Asia/Pacific region, we are committed to building a strong sales and service infrastructure to handle rapidly increasing demand," says Gary Jackson, EMC's Asia/Pacific VP.

The Asia/Pacific region accounted for $173 million in revenue in the last quarter, or 12 percent of EMC’s total revenue (see EMC Cowboys Up in Q3). The company does not break out revenue by country.

EMC has handled support and service through a wholly owned subsidiary in India since 2000. Before that, it provided sales and support through partners.A company spokesman says the India investment will consist of approximately $20 million in each of the next five years for development, sales, and support.

Bangalore is the city of choice for tech companies. Known as the "Silicon Valley of India," Bangalore is home to development centers of nearly 1,000 tech companies. Cisco Systems Inc. (Nasdaq: CSCO), Hewlett-Packard Co. (NYSE: HPQ), IBM Corp. (NYSE: IBM), Oracle Corp. (Nasdaq: ORCL), and Network Appliance Inc. (Nasdaq: NTAP) are among the U.S. companies with facilities there (see NetApp to Open Facility in India).

— Dave Raffo, Senior Editor, Byte and Switch

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