Chinese company invests in R&D in India
Telecom equipment maker ZTE, one of the bigger players in the global 3G space, with $9 billion in global sales, is ready to invest $100 million into its Indian subsidiary, ZTE India.
The funds are expected to come to ZTE’s Value Added Services Software Development Center in Bangalore which houses 140 technical staff and is integrated with ZTE’s global R&D network. ZTE employs 3,500 in India, distributed across Gurgaon, Mumbai, Bangalore and Kolkata.
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. He is author of Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market (Hachette Book Group, July 2008).
0 comments
Kick things off by filling out the form below.
You must log in to post a comment.