May 5 news, according to foreign media reports, sources said Wednesday, the Chinese telecom equipment manufacturer Huawei plans to invest from 300 million to five hundred million U.S. dollars, India's fourth largest city in gold Chennai near the construction of a telecommunications equipment manufacturer.
It is reported that Huawei is currently the Government of India to remove the security concerns of the company's products, build factories in India are expected to solve the problem. Earlier reports said the Indian Department of Telecommunications (Department of Telecom) late last month imposed a ban on imports of mobile operators in India by the Chinese telecom equipment manufacturers’ products. Huawei, ZTE and others are within the scope of this ban. Previously, India has informally advised the Ministry of Telecommunications Operators in India, asked the latter from the Chinese telecom equipment manufacturing company, the ban is the first official announcement of the government banned the import of Chinese telecommunications equipment.
The source said, Huawei plans to send, including Executive Vice President Xu Zhijun, Wang Shengli, president of Asia Pacific team and others, to visit India this week. The purpose of this trip, the team is to dispel the concerns of the Government of India. As the fastest growing in India will be published within two weeks 3G licenses, issued the ban in India at this time, the impact of China's great.
In addition, Huawei India's management team and board of directors group undergoing restructuring, the company plans to more Indians into the team. Currently, 85% of Huawei's staff in India for the local staff. Ministry of Telecommunications of India has clarified that the department has not enacted ban on imports of products of Huawei and ZTE package of the ban. Since from February 18, Indian Telecom Ministry not to approve any transaction. India's Ministry of Telecommunications has issued guidance earlier views, clear of all domestic carriers following equipment orders, you must test the product.
Huawei and ZTE, the two companies in India belong to this second largest market after China. ZTE's revenue in India in 2009 increased 50% over the company 10% of total revenues that year. Huawei's sales in India in 2005 was only 170 million U.S. dollars, to 2009, has grown to 23 million. On the domestic carriers in India, they want to use the company's telecommunications equipment from China, because they lower the price of many.
Wednesday, May 5, 2010
Subscribe to:
Posts (Atom)