Sweden's Ericsson is planning to manufacture all its telecom antennas for the Indian market in the country, the company said on Tuesday.
Demand from India's telecom companies started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services, and cushioned a slowdown of orders from the United States, Ericsson's top market.
Ericsson, which started manufacturing in India in 1994, will localize all its passive antenna production for the Indian market by June, it said in a statement. It also has manufacturing facilities in Mexico, Romania and China.
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs, it said.
Demand from India's telecom companies started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services, and cushioned a slowdown of orders from the United States, Ericsson's top market.
Ericsson, which started manufacturing in India in 1994, will localize all its passive antenna production for the Indian market by June, it said in a statement. It also has manufacturing facilities in Mexico, Romania and China.
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs, it said.
You may also like
Sophie Nyweide dead: Michelle Williams' former co-star dies at 24 as family pay tribute
Vaibhav Suryavanshi's Childhood Coach Lauds Him & Claims He Is 10 Years Ahead Of His Age
Hindi not compulsory but optional in classes 1 to 5 for now, says Maha Minister
TUI launches new flights to beautiful island dubbed the 'Caribbean of Africa'
Arsenal hijack Real Madrid plan to sign 'next Vinicius Jr' as Andrea Berta eyes dream transfer
