Cloud and virtualization major VMware will continue to explore investment opportunities in India to grow its presence in the region. In 2018, VMware announced that it would invest about $2 billion in India over the next five years.
VMware has a strong presence in verticals like governments, banks, and telecommunication. It is currently working with Indian telecom operators to roll out new 5G service verticals, helping monetize the high-speed broadband service.
It is also helping them modernize their network by enabling them to disaggregate both the core and RAN.
The public sector is a big and growing business of VMware globally, predominantly due to the digitization of certain services such as education, healthcare, and defence.
“The Indian Government’s Supportive Stance on Public Sector Digitization Remains a Vital Driver for the Company’s Sustained Investments in India,” says a spokesperson from VMware.
U.S. chipmaker Broadcom is acquiring VMware for $61 billion and is seeking regulatory clearances globally. Earlier this week, the UK’s antitrust regulator cleared the acquisition. It has already been cleared by the European Union, Australia, Brazil, Canada, Israel, South Africa, and Taiwan.