IT infrastructure provider Dell EMC, based in Massachusetts, plans to invest $1 billion to set up its product development center in Pune, a city 75 miles east of Mumbai, as well as expand its manufacturing base in India.
The company already has a factory near Chennai, in south India, from where it shipped its 10 millionth product last month, Dell EMC Director for Mega Projects, Ravinder Pal Singh said. He added that the sales turnover of the company will be over $3 billion over the next couple of years, reports India Infoline News Service.