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China's ZTE plans manufacturing plant in India
Monday, 18 April 2011, 16:32 IST
New Delhi:Despite security concerns raised about the use of Chinese telecom equipment in India, ZTE Corporation said it is mulling a manufacturing plant in the country to tap into the growing market, especially 3G services.
"We are planning to build a manufacturing plant in India, but the plan is still at feasibility stage," said ZTE Corporation Director Qiu Shaoling.
"The most preferable place to set-up the plant would be in Chennai, which is well connected, but all this depends on the regulatory approvals from the Government of India and demand of the industry," Shaoling added.
ZTE, a leading global provider of telecom equipment and network solutions, has a wholly owned subsidiary ZTE India.
On whether the manufacturing plant will only cater to the Indian market, Shaoling said, "Primarily it will be for the Indian market and later on it might be used for exports.
Source: IANS
Source: IANS