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UTStarcom to set up manufacturing unit in India

Thursday, 28 Nov 2019
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UTStarcom, a Global telecom equipment manufacturer, is planning to set up its manufacturing unit and a research and development centre in India after state-run telecom firm Bharat Sanchar Nigam (BSNL) clears its dues.

The company supplies network gears for broadband service. BSNL and Tata Teleservices are two main clients of the company.

The company already has approval from the management for setting up the manufacturing unit and research and development (R&D), but could not proceed due to slowdown and issues of due collection. The dues from BSNL are expected to surpass Rs 500 crore by the end of 2019.

The company is developing network gears that can support 200 gigabits per second speed from 2020.

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