Huawei on expansion mode! May make enterprise products at Chennai

Targeting more sales in a span of two years, Chinese telecom gear maker Huawei Technologies would manufactures its enterprise products at its Chennai plant. The company's India enterprise business revenue increased almost by 50% during the last financial year, thus it eyes a 10-fold jump in the revenue by March 2017.

"We expect revenues to reach $300 million in the next two years. Once we hit the $100-million mark, we would start manufacturing enterprise products in India itself," Kent Tang Kai, sales director-north region, Enterprise Business Department, Huawei, told the Economic Times.

Presently, the Chennai facility is being used to make telecom network equipment for the Indian market.

Kai said the company's business revenue grew 48% during the last financial year to $30 million in India. Its overall revenue from the South Asian nation stood at $1 billion, and the company expects to double its overall revenue to $2 billion by 2016-17.

Moreover, Huawei is targeting internet service providers/telcos, energy, transportation, media, BFSI, and education verticals for its enterprise solutions and services in India.

It has around 30 enterprise customers in India, including DEN Networks, Hathway, QTel, Adidas, Taj Hotel, BSE and Tata Sky, and competes with the likes of Cisco, Juniper, EMC and HP.

Huawei, through its enterprise division, is also targeting the country's 100 Smart Cities and Digital India projects, and is currently in talks with state and central governments along with private companies for tie-ups.

(Image: Reuters)