Eyeing a turnover of over `20,100 crore in India, Dell EMC has plans to invest Rs. 6700 crore to set up its product development center in Pune. Dell EMC already has a manufacturing unit at Sriperumbudur near Chennai. Last month, the company shipped 10 million products from its Sriperumbudur factory.
The company is concerned over the current structure of government policies and bids process for public procurement. Security is a growing need for India as also the world over as so many terrorist incidents have taken place. Security devices will attract GST of 28 percent, and that is of concern to the vendors. They are looking for the government to extend benefits to original equipment makers in India to push a local manufacturing ecosystem.