Huawei to invest US$2 billion in India over the coming four years

Huawei is looking to invest around US$2 billion in India over the next four years and is currently setting up a global R&D facility in the country.

The company generated revenues of US$1.5 billion in India during the past financial year. Of that US$1.2 billion came from network infrastructure sales and the remaining US$300 million from handset and modem sales.

"2011 was a good year for Huawei because our revenue in India increased about 20 per cent… Last year we began building a new R&D centre in Bangalore, which will house more than 5,000 people," Huawei India CEO Cai Liqun told local media.

The Bangalore facility is estimated to be costing US$150 million and will open next June. The company already has a global network operations centre (GNOC) in the city.

Looking ahead though, Liqun said that 2012 will be tough for the industry due to the lack of clarity about regulatory issues.