Betting Big On India ; Emc, the $15-Billion Vendor of It Storage Solutions and Software, has Been Somewhat of a Laggard in the Indian Market.

Summary

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EMC, the $15-billion vendor of IT storage solutions and software, has been somewhat of a laggard in the Indian market. It started its centre of excellence here only in 2003, well after global peers had invested heavily and unveiled big-ticket India plans.

Now as the world tackles the recession, EMC has stepped on the gas. "India is among our three fastestgrowing markets globally, David Goulden, CFO of EMC, said on a recent visit to India. The company's India R&D centre develops compete solutions from here. The $400-million Indian storage market is expected to grow by 13 per cent annually till 2011.

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Betting Big On India ; Emc, the $15-Billion Vendor of It Storage Solutions and Software, has Been Somewhat of a Laggard in the Indian Market.

"The problem we need to deal...

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