Hotline: 1800 102 2007
Hotline: 1800 102 2007
Oct, 18 2018

US-based VMware looks to invest $2 billion in India over next 5 years

The $2 billion investment will enable the company to expand offices in Bangalore and Pune.

US-based VMware looks to invest $2 billion in India over next 5 years

VMware, a US-based IT company, is looking to invest $2 billion in India over the next five years for expanding its business and workforce. 

The $2 billion investment will enable the company to expand offices in Bangalore and Pune as well as increase workforce and capital expenditure for both research and development (R&D) and to support its growing sales operations in India.

Pat Gelsinger, CEO, VMware, said, "We are now over 5,000 people in India. It has been growing faster than the company has been growing. India is a hub for us and our innovation engine. We will be investing over USD 2 billion in India over the next five years." 

"India is a key cornerstone of our overall global investment strategy, providing outstanding engineering talent for our global R&D operations that are helping to drive innovation across our entire product portfolio," Gelsinger added.

VMware's operations across research and development (R&D), sales and marketing as well as business support services have expanded in India over the past 13 years.

Arun Parameswaran, Vice President & Managing Director, VMware India, said, "The company's initiatives in the country also support Indian government policies, such as Digital India. India has a deep pool of talented, creative people that can help fuel our innovation now and in the future." 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Automobile Maintenance
    About Us: We are looking for partners equipped with the right..
    Locations looking for expansion Karnataka
    Establishment year 2004
    Franchising Launch Date 2004
    Investment size
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bangalore Karnataka
  • Bakery & Confectionary
    About Us: Bake O Cake is a bakery and confectionery shop,..
    Locations looking for expansion West bengal
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater kolkata West bengal
  • Kids Entertainment Zones
    About Us: 10 Little Fingers is a Do-it-yourself creative zone where..
    Locations looking for expansion Andhra pradesh
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 144
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Shaikpet Andhra pradesh
  • Quick Service Restaurants
    About Us: Launched in Chandigarh, Super Donuts is a fast growing..
    Locations looking for expansion Delhi
    Establishment year 2013
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities