VMware plans $2 billion direct investment in India

VMware

VMware, the US-based virtualisation and cloud infrastructure solutions major, on Wednesday announced its plan to invest $2 billion in VMware-specific efforts in India.

The investment will enable the company to expand to new offices in Bangalore and Pune as well as increased headcount and capital expenditure for both research and development and to support its growing sales operations in India.

VMware CEO Pat Gelsinger, who announced the investment plans in New Delhi, said it is part of the company's overall global investment strategy and will take 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. VMware remains committed to providing innovative technologies that help drive our customers’ digital transformation,” said Gelsinger.

Gelsinger also added that the company is grateful for the current environment in India where VMware can continue to grow, invest, and create jobs and opportunities for India’s IT workers of today and tomorrow. 

VMware India Vice President & Managing Director Arun Parameswaran added that the company’s initiatives in the country also support the government's policies, such as Digital India.

“We intend for these efforts to not only help drive innovation for VMware’s customers globally but to help drive innovation across India itself. India has a deep pool of talented, creative people that can help fuel our innovation now and in the future," he said.

Over the past 13 years, VMware’s operations across R&D, sales and marketing as well as business support services have expanded in India. It employs more than 5,000 employees to support its business locally and globally. VMware’s primary India sites include Bangalore, Pune and Chennai.

In a related development, VMware in partnership with Women Who Code, India, has committed to train 15,000 women over the next two years in diverse technology areas, providing a platform for more women with previous experience in IT to upskill themselves in digital technologies. 

 

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VMware plans $2 billion direct investment in India

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