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Ericsson pushes to localize component manufacturing in India

The Economic Times reports Ericsson is working with India’s government to encourage component suppliers to manufacture locally.

Economic TimesET
1 Source, 1h ago, first seen 1h ago

TLDR

Ericsson is working with India’s government to encourage component suppliers to set up manufacturing bases there, CEO Andres Vicente told The Economic Times. He said the suppliers will make the final decision. Ericsson is also expanding exports, design work and R&D in India; Vicente said it has exported more than 15,000 antennas and more than 9 million components from India to Europe.

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Economic Times@EconomicTimesEricsson bets on localisation to deepen its India footprint; eyes country as manufacturing hub https://economictimes.indiatimes.com/news/company/corporate-trends/ericsson-bets-on-localisation-to-deepen-its-india-footprint-eyes-country-as-manufacturing-hub/articleshow/134772668.cms1h
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    1 Source

    Economic Times@EconomicTimesEricsson bets on localisation to deepen its India footprint; eyes country as manufacturing hub https://economictimes.indiatimes.com/news/company/corporate-trends/ericsson-bets-on-localisation-to-deepen-its-india-footprint-eyes-country-as-manufacturing-hub/articleshow/134772668.cms1h
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