Dell to invest more in India

[OhioChick]

Source: India Times Infotech

5 Jun 2008, 1506 hrs IST,PTI

TEXAS: World’s No 2 personal computer maker Dell said it would invest more in India in the coming years to commensurate with the growth of its products here, adding it expects strong demands in this part of the world to continue.

Micheal Dell, CEO of the company said this amidst the company revenue from outside the US during the first quarter surpassing the same from the US for the first time and Brazil, Russia, India and China leading the accelerated growth in emerging countries with 73 per cent increase in shipments and 58 per cent rise in revenue that accounted for almost 9 per cent of Dell's total revenue.

"Indian market is growing; our investment in India grew close to 100 per cent. We expect to keep investing in India. We have extensive activity here-- software development, manufacturing, IT growth.

"For the last 7-8 years, our business and workforce in India grew tremendously. We expect the growth to continue so also the investment to commensurate with the growth," Dell told the visiting Asia Pacific media here.




Read more: http://infotech.indiatimes.com/articleshow/3102614.cms

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After This?

Dell to save $3 billion, shut Austin plant, cut 8800 jobs
http://www.post1.net/lowem/entry/dell_to_save_3_billion_shut_austin_plant_cut_8800_jobs


Screw Dell.

[DainBramaged]

1. Fuck him and his anti-American work ethic, time to find a new supplier

Of course he will invest in India, no health insurance, no workman's comp, no unemployment insurance, none of the expenses related to a living wage to worry about. Why, he can pay people 25 cents an hour and they will be happy to be working.


:sarcasm:

[Stellen]

2. Good, then we can invest less in Dell

My last Dell was a pile, anyway. :puke:

[Teaser]

3. more quality customer service, coming your way...

ugh.

[madrchsod]

4. may cost a bit more but locally built computer

is the way to go....well my son builds his own computers...

[Teaser]

9. I built my own a few years ago

called it the Millenium Falcon, because it was a mess, looked like a garbage heap, but was the fastest motherf*cker this side of Silicon Valley.

[Phred42]

5. Corporate TREASON! Phuck Dell

I pledge to NEVER buy a Dell product ever again.

[iamthebandfanman]

6. i would too

if half of my work force was there. lol

[onehandle]

7. Michael Dell is a GOP ass kisser. nt

[Initech]

8. Fuck Dell.

I'm glad I built my computer and saved about $2000 by not buying their shitty products.

[Deja Q]

10. Gee Mike, how many reasons can explain that?

Offshoring is crippling the US economy, at least in terms of the future if no new variable to inject hope of a future is introduced.

Indians need not worry; once a new cheaper country comes along, or if Martians are found to exist, they'll end up in the same boat too. :shrug:

[OhioChick]

11. You're Absolutely Right...

Cheaper destinations are already being sought. Soon, Indians will be just as upset as their companies begin to outsource/offshore. It's all about the bottom dollar.

[KillCapitalism]

12. Africa is where they are looking next.

Most Africans are so desperate that they would work for a bowl of rice per day.

This is a slave labor pool ripe for the picking. Besides, standards of living in India, China, and Indonesia are rising, so those people expect to be paid too much ya know.:sarcasm:

[OhioChick]

13. You are Right.

I also heard in addition to Africa, the Philippines is quite appealing. India will be hit twice as hard, as the U.S. Corporations look elsewhere and the Indian Corporations (taking a cue from the U.S. Corps) will do the same. The Corporations of the U.S./India do not care about their own country's citizens. It's all about the $$$$.

[ihavenobias]

14. K & R

[babylonsister]

15. The disregard they show their fellow citizens is appalling; proof

the almighty dollar trumps all. Rec'd for outrage.

[ChromeFoundry]

16. Show me the money!!!

Close the Austin plant (8800 jobs = 10% of workforce).
Investing in India's economy.

Reason... Dell is currently being investigated by the SEC for its accounting practices. They incurred $46 million in costs related to the federal probe in 2007. I guess when he is found guilty in the probe he will now have a place to hide out.