US-based VMware looks to invest $2 billion in India over next 5 years

VMware, a US-based IT company, is looking to invest $2 billion in India over the next five years for expanding its business and workforce. 

The $2 billion investment will enable the company to expand offices in Bangalore and Pune as well as increase workforce and capital expenditure for both research and development (R&D) and to support its growing sales operations in India.

Pat Gelsinger, CEO, VMware, said, "We are now over 5,000 people in India. It has been growing faster than the company has been growing. India is a hub for us and our innovation engine. We will be investing over USD 2 billion in India over the next five years." 

"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," Gelsinger added.

VMware's operations across research and development (R&D), sales and marketing as well as business support services have expanded in India over the past 13 years.

Arun Parameswaran, Vice President & Managing Director, VMware India, said, "The company's initiatives in the country also support Indian government policies, such as Digital India. India has a deep pool of talented, creative people that can help fuel our innovation now and in the future."