Revenue nears $2bn; to hire a few thousand in India: Dell

New Delhi, Mar 22 (PTI) Michael Dell, founder and CEO
of world's second largest PC maker Dell Inc, Tuesday sounded
buoyed by the "fantastic opportunity" India presents and said
the revenues from the country would soon touch USD 2 billion.
"India today offers a fantastic opportunity to use
technology for a wide range of applications. We see a
tremendous opportunity for growth of the PC segment in this
country," the Dell chief said at a Federation of Indian
Chambers of Commerce and Industry (FICCI) event here.
With penetration level of about 20-30 computers per
1,000 people, the growth opportunity is tremendous in India,
he added.
Dell said his company is approaching USD 2 billion in
annual revenue in India. "USD 2 billion is the milestone that
our India team is now working on," the Dell chief said without
disclosing the timeframe for the target.
The company, which has 23,000 employees in India, also
plans to add "a few thousand" people.
Dell's business activities in the country include
research and development and manufacturing in Sriperumbudur.
Dell notched up USD 61.49 billion in global revenues
for the year ended December, 2010.
Revenues from India, which is an important market for
Dell, grew by 37 per cent.
While its consumer business in India grew by 41 per
cent, Dell's small and medium businesses unit and public
sector vertical grew by 52 per cent and 41 per cent,
respectively.
Dell does not disclose country-specific numbers.
In India, the company has focus on three areas --
hardware business, education and healthcare, and management
and services offerings in the country, he said.
Dell said the company is focussing on understanding
the needs of customers in India and is concentrating on
verticals like retail, finance, banking, healthcare and
education.