M/A-COM Likely to Setup Design and Manufacturing Facility in India
(Business News & Technology News, 13 Jul 2005)
M/A Com, a unit ot Tyco Electronics, is planning to set up a design and manufacturing center in India. M/A Com president David Coughlan said, "as the wireless market in India develops, we shall set up manufacturing and design facilities in India." The company aims to be a leading component supplier and solution provider to the country's growing wireless market.
The company, which manufactures radio frequency and microwave components and subsystems for telecom, aerospace and defence markets, could consider JV manufaturing with a local company as a model for its India operations. Coughlansaid "we are working with multinationals and local companies in India. Our future plans will be dictated by needs of our customers. As part of Tyco electronics' already growing presence, M/A-COM is evaluating production partners and strategic plans in India."
No time frame had been set for establishing the production and design facilities. Kuldeep Tikoo, India country manager for Tyco Electronics said, "India's mobile subscriber growth is the highest in the world and the government is offering a liberal policy regime. These factors make India more favorable as an investment destination." He added, "Tyco's own design and manufacturing centre in the country would, however, come up only after the market was mature enough, which could take some time."
Apart from design and manufacturing, the company is expanding its sales activities in India. It is also looking at expanding its channel partner network from the present one to four. M/A Com claims to have more than 100 customers and during the visit Coughlan is expecting to sign up another 12 customers.