Zoom Video Communications, the company that owns popular video conferencing app Zoom, has reportedly announced a major India investment plan. According to unconfirmed reports, Zoom is planning to set up technology center in India’s IT city of Bengaluru.
As per the reports, Zoom has revealed to a prominent business broadcasting channel that it is mulling to make a R&D investment in India and also establish its DevOps in the country. Additionally, the company has reportedly disclosed that it is planning to move its entire IT operations along with biz operations into the country.
A few weeks back Zoom had already revealed on its official blog post that it will be making a significant investment in India over the next five years. This message was disclosed by Zoom’s president of product and engineering Velchamy Sankarlingam.
Sankarlingam underscored the fact that India will continue to remain an important market for Zoom and also plans to make significant investments in the country including expanding the footprint and hiring more top talent in the region.
Over the past few weeks, Zoom has also been trying very hard to shed its Chinese connection and reinforce its American identity. The company has been forced to reassert its American identity strongly owing to strong global anti-Chinese sentiments in the wake of coronavirus crises. The anti-Chinese feelings in India especially have reverberated intensely in the past few weeks in the aftermath of the border clash.
It is important for Zoom to shed its Chinese leanings as the company braces for some tough competition coming from recently launched JioMeet and Airtel’s Bluejeans. However, the video conferencing major will take respite from the fact that its app has already conquered a huge chunk of the Indian market. Not long ago, the Zoom app had managed to topple the now banned TikTok app to become the most downloaded app in India.