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Indian information technology (IT) market is quite dynamic with lesser predictability, said Michael Dell, founder chief executive officer of Dell Inc, adding the government should eliminate roadblocks that make it difficult for businesses to operate in the country.
Speaking to young entrepreneurs at an event organised by IT industry body Nasscom here, he said Dell was looking at India as a long-term investment.
While Dell has grown its business quite rapidly in India, one needs to be used to the ups and downs in the market place in the country, said the chief executive.
"Markets like India tend to be very dynamic and generally in upward direction. You have to be ready for significant down draft… It is like taking three steps forward and one step back. This means in any given day, it will be fantastic or really difficult." Talking about the company's experience in India in research and development (R&D), Dell said the company had doubled its R&D headcount in the country in the last two years.
