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Dell hopes to hit $1 billion mark in India
By siliconindia
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Tuesday, 26 June 2007, 19:30 IST
Hyderabad: Global technology major Dell has more than one reason to be happy with its business in India. While optimistic that the business is on course to touching revenue of $1 billion in near future Dell is also gearing up for the roll out its first batch of computers with 'Made in India' tag. The company has invested $30 million on its plant at Sriperumbudur near Chennai. The plant has the capacity to roll out 4,00,000 computers with facility to ramp up swiftly.
The company's current revenue is little over half a billion dollars but with over 70 percent year on year growth, the billion dollar mark does not seem too far.
The company has been growing its operations in India over the past few years. Dell International Services India has managed to garner a large share of business from the enterprise segment and focus is lately on Banking, Financial Services and Insurance (BFSI) firms and small and medium enterprise businesses. Though Dell has about 14,000 employees, the expanding business has ensured that the headcount is proposed to increase to 20,000 in a couple of years, stated Business Line.