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Netgear, the US-based networking hardware company, is planning to expand its operations, enhance its market presence, and increase its workforce in India, as announced by CEO Charles Prober. The company is also considering establishing a manufacturing footprint in the country.
Currently, India contributes about 10 percent of Netgear’s commercial business revenue and hosts 65 out of the company’s 650 employees.
“India is the fastest-growing economy in the world and one of the high-growth regions for Netgear as well. We are adding more space to our research center and will continue to invest in Engineering, Sales, and Customer Support in the coming years,” said Prober at a press conference in Bengaluru.
“The establishment of manufacturing facilities in India not only aligns with the country’s economic trajectory but also enables Netgear to harness a skilled workforce, thus enhancing its competitive advantage in the global networking technology landscape,” the company stated.
Netgear aims to double its employee base in India, although no specific timeline was provided. The company also plans to expand its operations from 20 to 30 cities.
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