Array Networks, Inc., a networking hardware company, will invest $20 million (Rs 139 crore at current exchange rate) in setting up a research centre in Delhi, the firm said in a release.
The company is aiming to increase its manpower by 500% by the end of 2019, riding on a growth of 40% in India for the financial year 2017-18. A major portion of the growth was attributed to the government, financial services, aviation, education and media verticals. The Indian centre will also deliver solutions to all of Array’s global requirements, the release said.
“We are aiming to address larger and strategically important customers in the region and add to our skilled technical manpower to drive even more growth,” said Michael Zhao, president and chief executive of Array Networks.
The centre will help in building custom-made solutions and shortening time frames for deployment of new solutions.
Apart from the research centre, Array Networks also intends to set up a repair unit for customers in the region, the release said.
“Our goal is to bring about a paradigm shift in terms of planning, approach and implementation of Array’s products and solutions in India and the extended region by making use of our state-of-the-art technology,” said Shibu Paul, vice-president of Array Networks.
Array’s platform is used to combine hardware, virtualisation and software-centric computing for virtual networking and security functions.
A host of tech companies seem to have found India an apt destination to start research and innovation centres.
For example, in January, Bill Gates-backed Ecolab Inc. set up a facility in Bengaluru to drive digital innovation. Bill Gates is co-founder of Microsoft. Ecolab is a provider of water, hygiene and energy technology and services.
The Ecolab Digital Center, was set up in partnership with US-based SMC Squared LLC.