Global Tech Companies Bullish on India Business Potential


Singapore:Global technology companies are bullish on business prospects in India but want regulators to accelerate the process of approving their proposals for upgrading communication networks across the country, participants at an IT event here say.

India would face telecommunication system stress, jamming of connections and strains on systems if it slows down any further upgrading of the entire network, said exhibitors at the CommunicAsia2013 IT exhibition being held from June 18-21.

India must make a switch to internet-based and high speed fibre cable systems from the current analogue, fixed phone lines and cable-based communication systems, said the exhibitors with proposals submitted to the regulators for the past two years.

The plans include the launch of India-dedicated satellite, very high speed digital subscriber line system and high-tech hardware such as voice over internet protocol ( VoIP) equipment among others.

The companies are waiting from approvals of the plans and proposals from the Indian Space Research Organisation (ISRO), Department of Science and Technology and others.

"We have been waiting for approvals from these regulators for the past two years," said Pranav Roach, president of the Hughes Network Systems India, which plans to launch an India-dedicated communications satellite.

"We are entering Asia for the first time and plan to launch a satellite later this year, especially aiming to serve the Indian market," added Eyal Copitt, senior vice president of sales in Africa, Asia & Marketing at Spacecom.

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Source: PTI