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Dell, the renowned US-based technology corporation with a global presence, is contemplating a fresh round of investments in its research and development (R&D) center located in Bengaluru, India. The Karnataka government confirmed this development on September 30, highlighting Dell’s intent to further bolster its R&D capabilities in the region.
Valued at an impressive $50 billion, Dell already operates a significant R&D hub in Bengaluru, aligning with its commitment to innovation and technological advancement. With around 25 manufacturing facilities worldwide, including 14 dedicated to R&D, Dell’s focus on research and development remains a cornerstone of its business strategy.
Crucially, as part of its expansion plans, Dell has reached out to the Karnataka government, seeking support to navigate import restrictions associated with Special Economic Zone (SEZ) operations. Overcoming these restrictions would significantly enhance the cost sustainability of Dell’s expansion efforts within India. Additionally, Dell has articulated its specific requirements regarding Electronic System Design and Manufacturing (ESDM) ecosystem players and suppliers within the state.
During a visit by the Karnataka business delegation, MB Patil, the state’s minister for large and medium industries & infrastructure, held discussions with representatives from Global Foundries, a prominent semiconductor manufacturing company. Global Foundries expressed its interest in expanding its workforce in Bengaluru by recruiting an additional 200 skilled professionals.
Patil assured Global Foundries of the government’s unwavering support and offered assistance in facilitating connections with potential customers and suppliers. The $30-billion Global Foundries is also exploring opportunities to expand its presence in the Aerospace and Defense (A&D) sector within Karnataka. This move underscores the company’s commitment to fostering robust business strategies that align with the state’s economic growth objectives.
The Karnataka business delegation is currently on a tour of various states in the United States, aiming to attract investments into the state. Their proactive engagement with global technology giants like Dell and semiconductor leaders such as Global Foundries signals a promising trajectory for the region’s technological and economic advancement.
As Dell explores new avenues for investment and collaboration, and Global Foundries looks to expand its footprint, the state of Karnataka continues to solidify its position as a thriving hub for innovation, technology, and business growth in India.
Sources By Agencies
