"Netgear to Expand Operations in India, Eyes Local Manufacturing"

Netgear, the US-based networking hardware company, is planning to expand its operations, enhance its market presence, and increase its workforce in India, as announced by CEO Charles Prober. The company is also considering establishing a manufacturing footprint in the country.

Currently, India contributes about 10 percent of Netgear’s commercial business revenue and hosts 65 out of the company’s 650 employees. “India is the fastest-growing economy in the world and one of the high-growth regions for Netgear as well. We are adding more space to our research center and will continue to invest in Engineering, Sales, and Customer Support in the coming years,” said Prober at a press conference in Bengaluru.

While specific timelines and investment details were not disclosed, Netgear is actively exploring local manufacturing opportunities. By participating in the Make in India initiative, the company aims to enhance its market presence, reduce production costs, and foster local innovation.

“The establishment of manufacturing facilities in India not only aligns with the country’s economic trajectory but also enables Netgear to harness a skilled workforce, thus enhancing its competitive advantage in the global networking technology landscape,” the company stated.

Netgear aims to double its employee base in India, although no specific timeline was provided. The company also plans to expand its operations from 20 to 30 cities. Additionally, Netgear has inaugurated two new office floors dedicated to research and development in Bengaluru’s central business district, demonstrating its commitment to the Indian market.

As India becomes a key growth driver, Netgear is strengthening its global market position by focusing on Power over Ethernet (PoE) solutions for surveillance systems, ProAV, and Pro Wi-Fi for the education and hospitality sectors.

HBL