VMware to invest $2 billion in India over the next 5 years

VMware, a world leader in virtualization and cloud infrastructure, is planning to invest US$2 billion in group efforts from the […]


VMware, a world leader in virtualization and cloud infrastructure, is planning to invest US$2 billion in group efforts from the company specifically for India. VMWare announced the plans for overall global investment strategy between now and 2023. This investment will enable the company to expand to new offices in Bangalore and Pune as well as increased headcount and capital expenditure for both R&D and to support its growing sales operations in India.“VMware remains committed to providing innovative technologies that help drive our customers’ digital transformation.” At a press conference on the sidelines of their annual flagship technology summit vForum , VMware CEO Pat Gelsinger commented, “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,” Pat also added  “I will be honored to meet with Prime Minister Modi later today. We are 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.”While, Arun Parameswaran, Vice President & Managing Director, VMware India added that the company’s initiatives in the country also support Indian Government 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,” said Parameswaran. “India has a deep pool of talented, creative people that can help fuel our innovation now and in the future.”Over the past 13 years, VMware’s operations across R&D, sales and marketing as well as business support services have expanded in India, with more than 5,000 employees today supporting its business locally and globally. VMware’s primary India sites include Bangalore, Pune and Chennai.In another related news, VMware, in partnership with Women Who Code, India, has committed to training 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. This new program called VMware VMinclusion Taara: Women Return to Work program, is expected to launch on December 1, 2018.

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