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Dell Says India May Become New Technology Manufacturing Hub
Dell Inc. Chief Executive Officer Michael Dell said in a conversation with Indian Prime Minister Manmohan Singh that the south Asian nation is poised to become a technology manufacturing center.
The remarks came this week during a discussion with Singh about ways to boost hardware manufacturing in India, a Dell spokesman said in an interview. "With the right kind of progress, Mr. Dell said that he believes India also has an opportunity to become a hardware manufacturing hub, generating employment and adding to that country’s impressive growth," the spokesman said.
India, Asia's third-largest economy, needs to spend $1 trillion between 2012 and 2017 to help accelerate economic growth to 10 percent and cut poverty, Singh said this week. Getting computer makers like Dell to invest in India rather than China is "an area where there are immense opportunities," Singh said in a March 23 speech to members of India's Planning Commission.
From Business Week
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