VNL to invest Rs 450 cr in 3 yrs to ramp up manufacturing capacity

- Advertisement -
- Advertisement -

Telecom network solutions provider VNL Ltd plans to invest Rs 450 crore in next three years to augment production capacity at its Manesar (Haryana) facility, according to Founder-Chairman Rajiv Mehrotra.

Image for representational purpose only

The company, which unveiled 4G LTE telecom system this week, also plans to ramp up the strength of its design centre in Gurgaon by 50 per cent by 2018-end.

“We will invest Rs 450 crore in coming three years to increase manufacturing capacity. This will be supported from internal accruals,” Mehrotra told .

- Advertisement -

Bulk of the investment will go into test equipment, Mehrotra said, adding that the current portfolio spans GSM products, broadband systems and LTE (Long Term Evolution) solutions.

On the design side, the company has 300 engineers in Gurgaon and will increase this strength by adding another 150 system level engineers in the next 6-8 months.

Last week, Telecom Minister Manoj Sinha launched India s first locally developed 4G/LTE telecom system at an international buyers-sellers meet of telecom industry in the capital.

The system has been designed and developed by telecom equipment manufacturer VNL Ltd keeping in mind requirement for high-speed connectivity, particularly in rural areas.

The latest range of 4G LTE telecom products is the outcome of our strong in-house R&D capabilities and signify India’s inherent strengths in the area of telecom equipment manufacturing,” Mehrotra added.

Besides being a low cost solution for high speed connectivity, the system can also be deployed for variety of applications including emergency communication, communication needs of offshore oilfields, mines and other institutional needs.

VNL has executed several projects in countries like Peru, Mexico, Ghana, Nigeria, Indonesia, Myanmar and Bhutan. In India, VNL has executed a project to rollout mobile telecom network providing voice and data connectivity in the Left-Wing Extremist effected areas.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

“More Chargers Provide Security And Confidence To Customers, Encouraging EV Adoption”

0
With an agenda to transform the EV industry, EarthtronEV has established 250+ charging stations on major highways across India. The company aims to interconnect...

5G RedCap To Transform IoT Module Shipments

0
Over 60% of IoT module shipments will originate from the Asian & Oceania region. Automotive sector is expected to be a significant driver. The...
XR Headset Quest 3, Meta

Global XR Headset Shipments See A Major Decline, Sony Rises

0
Sony grabbed a market share of 24% in 2023 up from 1% in 2022. Bulky form factor, and lag, hinder adoption by serious...

Buzz

Tenstorrent- RISC V cores

MosChip Collaborates With Tenstorrent For Advanced RISC-V Cores

0
Tenstorrent has selected Moschip due to their tape out expertise in design services. India’s MosChip Technologies has announced partnership with computing company Tenstorrent and to...

BYD Aims For 20% Increase In Yearly EV Sales

0
The company is targeting sales of 500,000 vehicles internationally this year, over twice the amount sold last year, and aims to increase that figure...

RRP Electronics To Invest ₹5000 Cr In OSAT and R&D In Maharashtra

0
Cricket legend Sachin Tendulkar is investing in this semiconductor facility. Such celebrated personalities investing in the sector could be a great asset to the...

Important Sectors

“More Chargers Provide Security And Confidence To Customers, Encouraging EV Adoption”

0
With an agenda to transform the EV industry, EarthtronEV has established 250+ charging stations on major highways across India. The company aims to interconnect...

BYD Aims For 20% Increase In Yearly EV Sales

0
The company is targeting sales of 500,000 vehicles internationally this year, over twice the amount sold last year, and aims to increase that figure...

RRP Electronics To Invest ₹5000 Cr In OSAT and R&D In Maharashtra

0
Cricket legend Sachin Tendulkar is investing in this semiconductor facility. Such celebrated personalities investing in the sector could be a great asset to the...

Subsidy Cuts Push E2W Makers Towards Budget Models

0
Electric two-wheeler manufacturers face reduced government subsidies and growing competition from established petrol vehicle brands in the upcoming fiscal year. These challenges compel them...

Nissan To Invest In Renault’s Ampere For EV Roadmap

0
The alliance aims to introduce both five-seater and seven-seater models for each brand in India. Japan's Nissan Motor has committed to investing in Renault's electric...

Manufacturing

JLR To Hire 250 Electrical Technicians For Future EVs

0
These new roles, part of a £15 billion investment, are in addition to 300 positions created last year by the British car maker. Jaguar Land...

Altmin India Partners With WMG To Advance Battery Tech

0
Altmin and WMG will collaborate to strengthen their global battery materials supply chain position by optimizing cathode materials and developing diverse cell designs across...

EVs To Cost Less Than Gas Vehicles by 2027, Says Gartner

0
Gartner predicts a faster decline in production costs compared to battery costs, which represent the most significant expense in an electric vehicle, accounting for...
MG

MG Motor To Set Up Battery Assembly Unit At Halol Facility

0
The company plans to investigate battery cell production in collaboration with external partners. Automaker MG Motor India is actively exploring the possibility of assembling and...

Servotech Boosts India’s EV Charging Infrastructure With Manufacturing Facility

0
The new facility is poised to start with an annual production capacity of 24,000 power modules and plan to scale up to 2.4 lakh...