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Huawei to Invest in India

7:00 AM -- Huawei Technologies Co. Ltd. plans to invest $500 million in its R&D capabilities in India during the next five years, adding 2,000 staff to take its workforce there to 6,000, reports the Financial Times.

The Chinese vendor is also interested in buying three manufacturing facilities from state-owned vendor ITI Ltd. , according to the Business Standard .

Huawei is keen to make clear its commitment to the Indian market and to allay any fears that it may be a security threat, a charge that has been leveled against the company since it started winning significant deals in India. (See Huawei May Lose to ITI in India and NSN Probes BSNL Bid Process.) — Ray Le Maistre, International Managing Editor, Light Reading

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