According
to media sources, LM Ericsson AB
said it is opening a research and
development centre in Chennai, India.
The company also said it is setting
up a global services delivery centre
in India to strengthen its managed
services business in the country.
Ericsson's chief executive Carl-Henric
Svanberg said the company plans
to strengthen its position in the
Indian market through a strategy
of local supply and manufacturing,
research and development, and expansion
of its global service capability.
He said the company was the first
multinational company to manufacture
GSM radio base stations in India,
with the first one delivered earlier
this year in March