Huawei to invest $150 million in India

- Advertisement -

Huawei Technologies, the Chinese telecommunications equipment company, is planning to invest $100-150 million in 2012 in India as it bets on growth in the Indian telecom sector, according to a DNA report.

“Huawei is committed to a long term engagement with India, and over a period of time technology platforms such as enterprise business, devices business, 2G expansions, 3G and Long Term Evolution (LTE) will fuel growth,” said Sures Vaidyanathan, Huawei India spokesperson.

Huawei supplies equipment to telecom companies which facilitate the delivery of these technologies to the end users. Its Indian arm, Huawei Telecommunications (India), is one of the largest information, communications & technology firm and supplier of broadband equipment in India.

- Advertisement -

Sector analysts said the company is not stepping up immediate investment in India due to the cyclical nature of the business in the country. This is because 2G equipment demand is slowing down and the government is planning to incentivise domestic equipment manufacturers, they said.

They, however, said 3G and LTE may compensate for this in the time to come and the Chinese player may achieve higher market share in India under these two platforms.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Exclusive

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Important Sectors

Digital India Conference of State IT Ministers Concludes

0
The officials discussed startups, emerging technologies, skilling, digital governance, and the semiconductor ecosystem The 3-day long Digital India Conference of State IT Ministers, which began...

Silicon Labs Joins IIITH To Launch Wi-SUN Network

0
IIIT Hyderabad Smart City Living Lab partners with the company to enable research for smart cities applications IITH Smart City Living Lab and Silicon Labs...

IMC 22: IT Minister Launches Multi Access IoT Device

0
The Made In India MAID showcased Indian technical competencies harmonised to global standards, said the company At the India Mobile Congress 2022 in Delhi, the...

Tata’s Act For Biodiversity Conclave Brings Green Hope

0
The conclave witnessed the presence of Mr Jamshyd Godrej, Ms Anjali Bansal, Mr Ricky Kej and Mr Kavinder Singh among others Tata Power, India's leading...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

Manufacturing

Electronics Major Molex Expands In Hanoi

0
The fully integrated connector manufacturing facility in Vietnam will be laced with advanced tech and capabilities, said the company Global electronics and connectivity major Molex...

MediaTek & Invendis Join Forces For ‘Made in India’ 5G Routers And Wi-Fi

0
In-line with 'Vocal for Local', Silbo Routers are completely indigenous, says Invendis IoT and Cloud Computing solutions provider Invendis and semiconductor company MediaTek recently announced...

PLI Scheme Can Help States Become Destinations For Electronics Manufacturing: MoS

0
The manufacturing plant has been set up under the Production Linked Incentive (PLI) scheme At the recent opening ceremony of Pegatron mobile manufacturing facility, the...

Moxion Power Raises $100 Million; Plans To Scale Clean Energy Manufacturing

0
The company aims to meet the increasing demand for its mobile energy storage product lineup In its Series B funding round, the US-based Renewable Energy...

Wind Power Brings Continuum And GE Renewable Energy Together

0
Commercial and industrial establishments will receive the wind power produced in the respective states As per a recent announcement, GE Renewable Energy is set to...