Texas-based technology conglomerate Dell is considering fresh investments in Bengaluru to boost its research and development team and has sought the state government’s help to overcome import restrictions on Special Economic Zone (SEZ) operations to enhance cost sustainability.
The company, which is valued at $50 billion, already operates a prominent research and development centre in Bengaluru.
On Friday, a Dell team held meetings with the Karnataka Minister for Large and Medium Industries and Infrastructure, MB Patil, in Bengaluru. Dell also put forth its requirements with respect to the Electonics System Design and Manufacturing ecosystem players and suppliers in the state.
The Karnataka business delegation is visiting various states in the USA to attract investments into the state. The delegation also met leading semiconductor manufacturing company Global Foundries (GF), which expressed interest in increasing its workforce in Bengaluru with an addition of 200 skilled workers.
Patil promised to extend the government’s support in this regard and will also help Global Foundries to establish connections with customers and suppliers.
The $30-billion Global Foundries has also expressed interest in establishing and expanding its Aerospace and Defence presence in Karnataka, with plans for further engagement to develop a comprehensive business strategy.