Eyeing 4G services roll out in India, Chinese telecom equipment maker Huawei Technologies has decided to scale up investment and operation of its Indian subsidiary.
The company, which has been supplying equipment to telecom operators in India, including Reliance Communications and Tata Communications, said the decision to increase investments and operations by the firm in India has been taken considering the expected launch of the 4G services within a year.
Vice President of Global Media Affairs of the telecom giant, Mr Scott Sykes, said the revenue generation of the company from India in 2011 was $1.2 billion and it has set a target of 40 per cent growth in revenues from India in 2012.
Huawei India Deputy Director of Enterprise Marketing Mr Suresh Vaidyanathan said the company was now focussing on the roll out of 4G services in India.
“4G services are being rolled out (in India). Huawei is scaling up India operation in terms of man power, technology and investment,” he said, declining to give the details of the investment plans.
The 4G services are likely to be rolled out in some of the Indian cities later this year.
He said the company has 45 per cent market share in providing equipment and services to Indian telecom operators and now it wants to further consolidate its presence in India.
Listing new initiatives by the company in India, Mr Vaidyanathan said a new campus for its research and development centre, which will be the biggest of the telecom firm outside China, is being set up in Bangalore at an investment of $150 million.