Ericsson (NASDAQ: ERIC) today announced it has started exporting 5G-ready telecom equipment from its manufacturing facility in Pune, Maharashtra to markets in Southeast Asia. The initial shipments consisting of Ericsson’s 5G-ready radio base stations and microwave equipment for 2G, 3G and 4G technologies have been delivered to Indonesia, Singapore and Thailand.
Ericsson is looking to add more Southeast Asia markets to its list of countries to which its facility in India exports products from the Ericsson Radio System portfolio. The announcement was made on the sidelines of the India Mobile Congress 2018.
Nunzio Mirtillo, Head of Ericsson South East Asia, Oceania and India, said: “Ericsson has been in India for well over 100 years and we were the first company to start manufacturing telecom equipment in the country in 1994. Our state-of-the-art facility will continue to cater to the domestic market even as we commence exports to other markets in Southeast Asia. We remain committed to the Government’s “Make in India” program and strongly believe in the potential of the Indian market.”
Ericsson set up a state-of-art manufacturing facility in Chakan, Pune in 2016 with an initial investment of USD 20 million. This facility has been catering to the domestic demand so far and the company plans to ramp up capacity once the export volumes pick up.
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