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Juniper to invest $70 million in India

Date: 11/18/2007 5:15:17 PM

Networking major Juniper Networks plans to invest $70 million in R&D in India by the end of 2008.

Networking major Juniper Networks plans to invest $70 million in R&D in India by the end of 2008. The company which already has a R&D centre in Bangalore also hopes to add another 600 people to its 800strong R&D team.

Juniper Networks India and Saarc MD Nagendra Venkaswamy said, “We are in the process of investing $70 million on R&D till end of next year. It will basically involve hiking headcount, setting up proof of concept labs and testing labs for customers in Bangalore.’’ The company is also looking at ramping up its sales teams in Delhi, Mumbai, Bangalore and Chennai.

Currently, Juniper employs over 800 people in India on the R&D side and expects to add another 600 by mid2008. The total investment made by the company till end2006 in India is about $120 million.  Phone Card News Stats


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