EMC to hike investment in India by $1.5 billion


Briefing reporters EMC Executive Vice President & Chief Financial Officer David Goulden said  this investment is the largest outside US.

The investment is focused on three key areas — expansion of research and development (R&D) infrastructure, increasing global services capabilities and adding more technolgists for deeper levels of engagements for local customers and partners.  EMC also inaugurated a new facility in Bagmane technology park which can accommodate 3500  employees. Through this facility it plans to bring R&D and EMC global services centres from four separate locations across two cities into one campus to form a Centre of Excellence (CoE). Earlier, Chief Minister B S Yeddyurappa inaugurated the facility.

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