Dell signs MoU with TN for Rs 280 crore plant
Global computer major Dell has signed an MoU with the Tamil Nadu government for a Rs 280 crore plant at Sriperumbudur near here, which is expected to begin production by June next year, a top Dell official said.
By PTI |
CHENNAI: Global computer major Dell on Thursday signed an MoU with the Tamil Nadu government for a Rs 280 crore plant at Sriperumbudur near here, which is expected to begin production by June next year, a top Dell official said.
The facility, to come up in a 50 acre land in Sriperumbudur Hi-Tech park, would initially manufacture desktop computers that account for 70 per cent of the company's current business in India, Dell Vice President (South Asia) Paul- Henri Ferrand told reporters here.
The investment would be made in two phases, with about Rs 140 crore in the first five years and then scaled up in the second phase. The plant is expected to manufacture three to four lakh units in the first year, Simon Wong, Vice President, Asia operations said.
Kip Thompson, Vice President- Global Facilities said the facility would initially cater to the Indian market. The pricing of the computers would be "cost-effective compared to other branded computers in the Indian market", he said but refused to divulge further details.
Rajan Anandan, Vice President, Sales-India, said Dell would introduce a whole new range of products for the Indian consumer market, over the next six to nine months.
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He added that the company would target the Small and Medium Businesses in India, which is a huge market. "The sweetspot for us is the SMB's," he said.Download
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