The new engineering facility in the technology hub of Whitefield, is home to one of the company's largest R&D teams, and also houses its first startup accelerator program, called Escape Velocity, that will help nurture technology startups, senior company officials said.
"We had a presence here in India for a long time. It was led by our R&D center and the success we had leadingglobal teams and building breakthrough innovations from herein India has caused us to invest much more broadly towardsthis entire business center based here in Bangalore," NetApp CEO George Kurian told reporters here.
The NetApp Global Center of Excellence was inaugurated by Chief Minister Siddaramaiah.
Responding to a question, NetApp India Managing Director Deepak Visweswaraiah said about Rs 1,000 crore investment has gone to the Global Center of Excellence which can hold about 3,300 people.
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NetApp has been in India for about 15 years now and has about 10,000 employees globally.
The company today also announced the new NetApp startup accelerator programme, 'Escape Velocity', where it will house and help nurture technology startups.
"We are announcing this startup accelerator so that we can bring our expertise and our infrastructure to enable a range of storage and data management capabilities... Through the startup ecosystem here in India; we have funded this project, we are about to start to recruit startup companies," Kurian said.
The company officials said they will soon announce the investment and details about the programme as the startup accelerator programme is in the design process.