VMware To Invest $100 Million in India

Virtualisation software company VMware, Inc. has announced plans to invest $100 million (Rs 400 crores) in India to expand its research and development (R&D) operations in the country. The money will pay for a new 82,000 sq.ft development centre in Bengaluru and for staff increases. The company already has a strong presence across India with offices in Bengaluru, Pune, Chennai, Delhi and Mumbai.
The new Bengaluru development centre expands on existing R&D operations in Bengaluru and Pune. The centre supports new and ongoing R&D across the company’s entire portfolio of solutions for datacentre and desktop virtualisation. The new centre is located in South Bengaluru and includes a 4,000 sq.ft computer lab.
"Great 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 Diane Greene, president and CEO, VMware. "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."Today the company has more than 300 customers and more than 160 channel partners in the country. With offices in five 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.