![]() Financial Daily from THE HINDU group of publications Thursday, Mar 10, 2005 |
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Info-Tech
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Telecommunications Tadiran signs marketing pact with BPL Telecom Our Bureau
New Delhi , March 9 ISRAEL-based Tadiran Telecom is exploring the option of entering into a joint venture with BPL Telecom to set up manufacturing and research and development facility in the country. For a start, the company has tied up with BPL Telecom for marketing and distribution of Internet Protocol (IP)-based products. Announcing the tie-up with BPL, Mr Zeev Aviv, Vice-President, Sales and Marketing, Tadiran Telecom Ltd, said, "We are targeting at least 20 per cent share in the Indian telecom market in the next 2-3 years as compared to our present 7-8 per cent share. We hope to make India a hub for our global needs both for hardware and software development." While Mr Aviv declined to divulge details of the investment, he said that Tadiran has set aside 20 per cent of its annual revenue for research and development and a significant chunk of the kitty may be invested in India. Currently, Tadiran provides telecom solutions to a number of Indian customers, including the Indian Railways, National Thermal Power Corporation and BHEL.
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