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Nitin Bansal, India MD of Ericsson, tells Mint that discussions with Vodafone Idea are ongoing but new purchase orders are yet to be given out. India equipment to be exported.
Ericsson plans to consider exporting telecom gear from India as local demand for 5G equipment remains high. The company is engaging with partners to develop 5G use cases and expects significant growth in India's 5G adoption within the next 12-24 months.
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Ericsson, the Swedish telecommunications equipment manufacturer, anticipates securing 4G/5G contracts from Vodafone Idea (Vi) in the near future, following the recent successful equity raise of over Rs 20,000 crore by the struggling telecom company. Nitin Bansal, Managing Director of Ericsson India, expressed this optimism in an interview with ET. Bansal also mentioned that Ericsson is considering the possibility of exporting its 5G equipment from India.
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