Juniper Networks to invest Rs 6,700 crore in India to back digital drive – Feedback

US-based Juniper Networksis planning to invest $1 billion (about Rs 6,700 crore) in the Indian operations to tap into the opportunities which will arise from India’s digital transformation led by cloud-based services.

“We intend to continue to invest in this (India) region, so consider at least another $1 billion or so over the next few years,” Juniper Networks’ global chief executive Rami Rahim told. The company wants to be part of Prime Minister Narendra Modi’s digital vision, he said. “We want to be a part of it (Digital India vision). And for that reason, we are investing today with the goal that they will pay off in the next year to two-year time frame,” Rahim said. Juniper offers software-defined network solutions, routers and switches to telecom service providers and large enterprises including government departments, and competes with Cisco, Ciena and Hewlett-Packard, among others.

http://telecom.economictimes.indiatimes.com/news/juniper-networks-to-invest-rs-6700-crore-in-india-to-back-digital-drive/55882988

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