The Telegraph
Thursday , May 10 , 2012
 
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Huawei charts local plan

New Delhi, May 9: Chinese communications company Huawei today said it expected to clock $140-160 million revenue from its Indian enterprise business this year.

“Every year, we invest more than $15 million in India in the enterprise business and this year we are targeting a revenue of $140-160 million,” Huawei Enterprise Business Group AVP (general business sales and IT solutions) Alok Sinha said.

As part of the growth strategy, the company along with its partners plans to target verticals such as the government, energy, power, BFSI and transportation.

“We are looking at garnering a 10 per cent market share in India by 2015. We are also expecting a $1-billion order book from India by 2015,” Eric Yu, Huawei Enterprise Business Group India president, said.

To achieve this growth, the company would be enabling the enterprise community with specific solutions on cloud computing, unified communications, smart city implementation and data center solutions.