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Huawei to invest $500m in India research hub
Published on: 2010-01-11
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Jan. 11 (Bloomberg) -- Huawei Technologies Co., China’s biggest maker of phone equipment, plans to invest $500 million in its research center in Bangalore as Indian carriers seek government permits for high-speed wireless services.


The proposed spending will be over five years, Ross Gan, a spokesman for Shenzhen, south China-based Huawei, said in an e- mailed statement today.


Huawei, a supplier to carriers including Bharti Airtel Ltd., seeks to win orders to build third-generation networks in the world’s fastest-growing mobile-phone market. Winning bidders in the government’s proposed auction for 3G airwaves will get spectrum by August, Telecommunications Minister Andimuthu Raja said last month.


Bharti Airtel, India’s biggest wireless carrier, may start 3G services by the Hindu festival of Diwali in November, Chief Executive Officer Manoj Kohli said in November 2009.


Huawei’s investment is part of the company’s plans to make India a hub for its global operations, Gan said.

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