Did you know that India is one of the fastest growing technology markets in the world?

The dudes at Dell sure did.

The company plans to build its first factory near Chennai, the fourth largest city in India -- with over 6 million people in its metro area. The facility is expected to open its doors in the first half of 2007. (Source: statesman.com)

"We will start with a production capacity of 400,000 units and quickly ramp up to much higher numbers," according to Rajan Anandan, Dell India's vice-president and general manager.

"We are building this factory with the simple objective of accelerating our growth in India," he continued. "We will start with manufacturing desktop products and over a period of time we will expand our product line [in India]."

Dell's current market share in India is 7 percent. The new plant will likely increase that number. (Source: pcmag.com)

Dell is the fourth largest computer company in India right now, below HP, Lenovo and India's own HCL Infosystems. (Sources: statesman.com and networkworld.com)

Dell also has factories in the U.S., Europe, Brazil and Asia. Adding India to the list allows the company more control over its prices, because the country charges heavier taxes for products built elsewhere. (Source: statesman.com)