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Indian Telecom Infrastructure Providers are Planning to Invest in Equipment Manufacturing Base

News

Telecom infrastructure provider UTStarcom is planning to invest $20 million to set up a manufacturing base in India and expand its brand.

Source – ET

SNP Insights

With India’s Telecom sector thriving with favorable policies, rise in mobile telephony and smart devices, it is expected to see a huge potential for investment in the near future, particularly in the equipment manufacturing. To utilize this potential, companies are exploring opportunities through intense R&D in manufacturing segment. Also, it is most likely that the telecom players may enter in to strategic partnership to exploit the maximum of the opportunity.

Source – SNP Infra Research