NEW DELHI: State-owned telco Bharat Sanchar Nigam Limited (BSNL) on Friday inked a memorandum of understanding (MoU) with Fiber Home to jointly start manufacturing telecom equipment and optical fiber cable in BSNL factories.
Fiber Home India has decided to heavily invest in India with BSNL, according to an official statement.
BSNL has seven telecom factories with a large manpower of around 1,600 employees, and elaborate infrastructure. These telecom factories are manufacturing several customer end equipment and testing tools for internal consumption of BSNL.
Anupam Shrivastava, CMD BSNL said, “This agreement will help India to get high quality telecom equipment at reasonable cost and will also reduce deployment time. BSNL always stride hard to fulfill government dreams by adopting workable and practical program like this.”
Fibre Home, which is the parent company of Fiber Home India, has one of the largest telecom manufacturing base in China. It manufactures equipment for transport layer and access layer of telecom network.
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The agreement between two companies is expected to bring telecom manufacturing technology and expertise to India. This will help India set up manufacturing base India “ Make in India” program at low cost.
Lee, President FIBER HOME , who signed the agreement expressed optimism that joint manufacturing is coming at apt time when demand for telecom equipment is increasing world over. He felt that BSNL-Fiber Home may export telecom equipment to Asia Pacific region shortly.