Ericsson setting up second plant in India.

At a time when the government is pushing the 'Make in India' campaign, Swedish telecom equipment major Ericsson is starting its second manufacturing plant in India.

The manufacturing unit is being set up at the Indospace Industrial Park, Chakan, Pune and will serve as an export hub for the company. Ericsson will invest $15 million initially and the production is expected to start in 2016.

Ericsson already has a facility in Jaipur where it makes telecom gear for domestic market.

The new plant in Pune will serve as an export hub for the company's exports into South East Asia, West Asia and Sub Saharan Africa.

Chris Houghton, Head of Region India, Ericsson, said: 'The positive customer response that we are getting in the Indian market, the strong manufacturing competence that exists and the potential for exports from India are factors that have encouraged us to set up this manufacturing facility in Pune.'


HBL