Ericsson to establish a R&D unit in India

Ericsson to establish a R&D unit in India

Swedish telecoms equipment giant Ericsson has confirmed that they are going to enhance their investments in India and that includes setting up a Research and Development center in India. The aim is to get a bigger share in the ever-growing mobile market in the region. However, that does not include plans for establishing a mobile phone making unit in India.

India happens to be the world’s fastest growing major mobile phone market and adds around 2.5 million new users every month. This mean that Indian market would be big enough for around 30-35 million handsets by the end of this year itself. This is a huge number and Ericsson would like to claim a sizeable part of it.

The company aims to build a research and development centre in Chennai. It already outsources some of their research requirements to Indian software services firms, including Tata Consultancy Services and Wipro. In addition to that, they would also be setting up a global services delivery centre in Gurgaon, on the outskirts of New Delhi.

Mats Granryd, president of Ericsson’s market unit for India and Sri Lanka said in a statement: “We will invest several hundreds of millions of dollars per year in expanding our manufacturing and research and development capabilities, as well as human capital, as the market is very dynamic and growing very quickly.”