Dell Eyes Fresh Investment in Bengaluru R&D Centre

US-based technology giant Dell is contemplating a significant new investment in its research and development (R&D) centre located in Bengaluru, according to an announcement made by the Karnataka government on September 30th. The company, valued at $50 billion, currently operates a prominent R&D facility in Bengaluru and is exploring avenues for further expansion in India. Dell boasts a global presence, with approximately 25 manufacturing facilities worldwide, of which 14 are dedicated to research and development initiatives, as confirmed by Karnataka's Minister for Large and Medium Industries & Infrastructure, MB Patil. Furthermore, Dell has reached out to the Karnataka government seeking support to address import restrictions on Special Economic Zone (SEZ) operations. This move is aimed at enhancing cost sustainability for Dell's expansion plans within the country, solidifying its commitment to fostering technological innovation and development in India. In addition to its request for assistance with import restrictions, Dell has outlined specific requirements related to Electronic System Design and Manufacturing (ESDM) ecosystem players and suppliers within the state, underscoring its commitment to fostering a robust technology ecosystem in Karnataka.