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D-Link mulls investment
MUMBAI: "Our capex for 2003-04 will be in line with that of the previous fiscal, as this year we would be concentrating on marketing and sales of our networking products," D-Link (India) Ltd managing director, KR Naik, was quoted as saying by a news agency.
D-Link, which has three research and development centres in India -- Goa, Bangalore, Navi Mumbai -- would be utilising the amount for development of its networking products, he told the news agency.
Of the total outlay, it would invest about Rs 4 crore in adding another SMT line, which would, in turn, result in adding a "few more" employees for the company, he added.
An SMT line is the machinery for making networking products.
Meanwhile, the company has launched a range of high-end networking products, targeted at wide area network (WAN) users, including enterprises and carrier class customers.
D-Link launched around eight routers and routing switches, which it expects to help in tapping the Rs 700 crore networking market in the country.
The networking major is also organising a series of seminars, NetIPVision 2003, with the theme "Multi Service IP Networks" in 24 locations in the country this month.
The seminars, which would highlight Internet Protocol Applications and Networks, would also showcase D-Link's networking products.