Huawei targets $1b business from Indian market by 2015

Tags: Companies
Leading Chinese communications company Huawei on Wednesday said it would aggressively expand in the Indian market, targeting $1 billion order book by 2015 to get 10 per cent of market share.

Huawei said, solutions in segments like power, transportation, banking and financial sectors will be part of the expansion plans. The company also showcased its solutions in cloud computing, unified communications and data center solutions as part of the Huawei Enterprise Roadshow 2012, which has reached Delhi after covering Mumbai. The roadshow will travel to Kolkata, Chennai, Hyderabad and Bangalore.

Displaying 'intelligent surveillance' solutions for the small and large client, Eric Yu, president of the business enterprise group, speaking exclusively with the Financial Chronicle, said that Huawei’s data storage and cloud computing solutions can help record large amounts of data and then distribute its analysis over the network. “There are big surveillance projects being implemented in Delhi and Mumbai. I think we will also get a chance to participate in that. This will take time as this is a government process,” he said.

Security concerns regarding Chinese equipment has been flagged as a concern by different Indian intelligence and security agencies. Yu said that Huawei “follows the laws and regulations in every country we operate in” and that it wants to build good relations with the government. Yu also asked the media to focus on the value that Huawei is adding to India’s economy, and not on issues that have been repeatedly addressed in the past.

Huawei aims to become a major supplier in enterprise market while delivering great value at affordable prices, he added.

sriramshankar@mydigitalfc.co

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