D-Link, the Taiwanese network equipment manufacturing company, is going to set up a research and development facility and network training institute in Telangana with an investment of ₹350 crore.
The Taipei-based firm is likely to help create 1,000 jobs.
As part of the agreement, D-Link will work with the State government to deploy Wi-Fi hotspots to help provide wireless internet access to all citizens and institutions.
“D-Link will also upgrade government networking infrastructure to meet the latest security standards, reducing the risk of vulnerabilities and cyber-attacks,” IT Minister K T Rama Rao, who is in Taiwan to attract investments, said in a statement on Friday.
The Minister, along with IT Secretary Jayesh Ranjan, is touring Taiwan and Hong Kong to talk to electronic hardware firms.
The State government has set a revenue target of ₹12,000 crore for this sector in the next four years. Currently, the sector contributes ₹6,000 crore to the IT industry.
“We entered the Indian market in 1990, and in 2001 we were listed on the NSE. Now, we have over 80 distribution channels and more than 2,000 sales partners in India. We believe we can open up new opportunities for both India and D-Link, creating a win-win situation,” D-Link Chief Executive Officer Douglas Hsiao said.
Some +Twitter Post By KTR
Spoke at the India Taiwan cooperation forum at COMPUTEX 2015 & presented the opportunities for ESDM in Telangana pic.twitter.com/BIdcUg4yAb— KTR (@KTRTRS) June 5, 2015
Minister met Mr James Chen, President of Volktek, a leading manufacturer of switches, router and cables. 1/3 pic.twitter.com/bMxP5Rhbn5— Min IT, Telangana (@MinIT_Telangana) June 5, 2015
Volktek is interested in starting an assembly plant in India. The Minister explained about the advantages Telangana can offer to them - 2/3— Min IT, Telangana (@MinIT_Telangana) June 5, 2015
The discussions will be taken forward by the visit of Volktek team to Hyderabad shortly - 3/3— Min IT, Telangana (@MinIT_Telangana) June 5, 2015
About 1000 new jobs will be created through D-Link's investment in Hyderabad. - 3/3— Min IT, Telangana (@MinIT_Telangana) June 5, 2015
D-Link to invest about 350 Crores to establish a global R&D centre & create a network training centre in Hyderabad, Telangana - 2/3— Min IT, Telangana (@MinIT_Telangana) June 5, 2015
D-Link, global leader in connectivity for SME & large enterprise business networking signs MoU with Telangana - 1/3 pic.twitter.com/QvYEja7sSt— Min IT, Telangana (@MinIT_Telangana) June 5, 2015
Met with Director General of India-Taipei Association, Manish Chauhan to explain manufacturing potential in TS pic.twitter.com/3dkdjDbxsU— KTR (@KTRTRS) June 5, 2015
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