EMC plans to invest $100 m in India

Circuit EC / New Delhi

EMC has announced that it will invest $100 m in India over the next five years. Over half of these investments will go into R&D and the rest into market development and partnerships. The company is also looking at enhancing its global services operations in India.

The company had started its sales operations in India in 2000. In January this year the company acquired Sanware, a network storage software vendor. Since then, the company has been looking at India as a critical source for software development and support. The company has increased software engineers at its Bangalore facility from 20 to over 100. The company’s developers at the Bangalore centre are already involved in developing products that are still a year or two away from launch. However, the company’s focus in India will be on growing the network storage market, creating strong partnerships and investing in R&D. The company will offer its clients hardware, software as well as services that would take care of complete information life cycle management.