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Conexant to invest $250 M in India
By agencies
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Thursday, 05 January 2006, 20:30 IST
HYDERABAD: Conexant Systems Inc, a maker of components used in broadband network gear, plans to invest $250 million in India over five years, its Chief Executive said on Thursday.
"Over the next five years, Conexant will invest $250 million in India on people, capital and R&D facilities," Dwight Decker said.
He said the company, with 775 people in India already, would ramp up headcount to 1,200 by March 2007 and further to 2,000 in five years.
