EMC
Corporation, the world leader of information infrastructure solutions, today
announced that it will invest an incremental USD $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. Today also marks the inauguration
of EMC’s new state-of-the-art LEED Gold green certified facility that joins
together research and development (R&D) and EMC Global Services organizations
from four separate locations across two cities into one campus to form a
centralized Centre of Excellence (COE) in India. This represents one of EMC’s
largest R&D centers outside the United States.
Since opening its India operations in 2000, the EMC India organization has
evolved to be a critical contributor to EMC’s long-term strategy by driving
global innovation and revenue growth for the APJ region. The incremental
investment is focused on three key areas that will take EMC India to its next
phase of growth:
-
Expanding
R&D infrastructure at the India COE
-
Increasing EMC Global Services capabilities at the India COE
-
Adding
more technologists to drive deeper levels of engagement and support for local
customers and partners.
Shri B.S.
Yeddyurappa, Hon’ble Chief Minister of Karnataka, and EMC’s David Goulden,
Executive Vice President and Chief Financial Officer, participated in the
inauguration of the campus located in 60-acre technology park in Bengaluru.
At the
inauguration of EMC’s new facility Yeddyurappa 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.”
"India offers tremendous opportunities in innovation and market potential," said
EMC’s Goulden. “In
these economic times leaders get stronger by their ability to make smart
investments. EMC’s commitment of $1.5 billion over the next five years
illustrates the important role India will play in the company’s long-term
strategic APJ and global growth plans. The India COE will be responsible in
helping EMC deliver more innovative, industry-leading products and services in
the hottest technology areas in IT that meet our customers’ most pressing
needs.”
“This investment is an important milestone in our journey to having world-class
R&D and services organizations located in India,” said EMC’s Sarv Saravanan,
Vice
President and Managing Director, India Centre of Excellence. “The
new campus provides a state-of-the-art facility that will help us attract
quality talent to drive innovation and growth out of India. The consolidation of
EMC’s R&D, Global Services and other technical groups into one location provides
increased value to both our customers and partners.”
The new campus is nearly three times larger than the previous facility with
almost 500,000 square feet of usable office space. The key highlights include:
