Dell is ready to ‘Make in India’ but with some changes in rules
Advertisement
Advertisement
Dell, the multinational computer technology company from America, is willing to use India as a manufacturing hub for its exports to South Asia; however, it wants a more helpful set of rules and regulations to do so, said its global CFO Thomas W Sweet.Sweet was in India for a short trip and also met India’s finance minister Arun Jaitley. In an interaction with ET, he said that recent changes to India’s duty structure have definitely helped Dell increase its production from its India plant; however, for exporting, it would require more from the government.
Also read: Dell to double its market share in all-in-one PC category in India
"There is a lot of opportunity for India to be a great domestic market for technology consumption, but there is also a great opportunity for it to be an exporter of technology," said Sweet.
For Dell, India’s market is "growing very nicely", but can perform even better as a regional manufacturing hub, however, that "takes times, takes the right set of policies to enable this."
Advertisement
About his meeting with the FM, he said, "Our conversations are in line with what the government has been saying...that part of being a global economy is being both a domestic consumption economy and an exporter. So we think there is an opportunity (to export) at an appropriate time, when policies and framework that encourage that kind of economic activity."
However, he added that he doesn’t expect things to change overnight.
"There is a lot on the government's plate right now with GST, etc. But over time making sure that the framework around how you treat exporters and the exporters make sense, is important to us."
Image source
Advertisement
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- The Role of AI in Journalism
- 10 incredible Indian destinations for family summer holidays in 2024
- 7 scenic Indian villages perfect for May escapes
- Paneer snacks you can prepare in 30 minutes
- Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market