India Lures VMware to Invest USD 100 Million
VMware has recently announced a multi-year initiative aimed at expanding its India-based research and development (R%26D) operations. VMware president and CEO Diane Greene announced the initiative at a news conference in Bangalore. With this initiative VMware plans to invest USD 100 million (4 billion Indian Rupees) in India by 2010, build a new, state-of-the-art 82,000 square foot development center in Bangalore and double the company India-based engineering organization to more than 1,000 people in the next two years.
The new Bangalore development center expands on existing R%26D operations in Bangalore and Pune. The center supports new and ongoing research and development across the company entire portfolio of solutions for datacenter and desktop virtualization. The new 82,000 square foot development center is located in South Bangalore and includes a 4,000 square foot computer lab.reat products are built by great people. India has both an excellent technical education infrastructure and outstanding people. We highly value our Indian citizen employees,” said Greene. “India is also one of our fastest growing markets and where we have increasingly important system integrator partners. For these reasons, we are now substantively increasing our investment in India.VMware already has a strong presence across India with offices in Bangalore, Pune, Chennai, Delhi, and Mumbai. VMware entered India in 2004. according to VMware, the company has more than 300 customers and more than 160 channel partners in the country.
With offices in 5 cities, VMware employs nearly 700 people, including more than 500 developers, across India. It has established strong ties to local universities in India including IIT Bombay, IIT Delhi, IIT Madras, NIT Trichi, NIT Surathkal, Indian Institute of Science (IISc) and the RV College of Engineering.
