Sweden's Ericsson is planning to manufacture all its telecom antennas for the Indian market in the country, the company said on Tuesday.
Demand from India's telecom companies started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services, and cushioned a slowdown of orders from the United States, Ericsson's top market.
Ericsson, which started manufacturing in India in 1994, will localize all its passive antenna production for the Indian market by June, it said in a statement. It also has manufacturing facilities in Mexico, Romania and China.
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs, it said.
Demand from India's telecom companies started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services, and cushioned a slowdown of orders from the United States, Ericsson's top market.
Ericsson, which started manufacturing in India in 1994, will localize all its passive antenna production for the Indian market by June, it said in a statement. It also has manufacturing facilities in Mexico, Romania and China.
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs, it said.
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