Juniper to invest $400 mn in India in next five years

BANGALORE: Leading IT and computer networking firm Juniper Networks said that it was viewing India as a strategic market with focus on BFSI, governments and telecom sector and plans to invest $400 million in total operations, including Research and Development, in the next five years.

"India is a strategic market for us. BFSI, government and telecom sectors are our vital markets", said Sanjay Jotshi, director of enterprise and channels, India and SAARC.

"Juniper plans to invest $400 million in India in total operations, including sales and R&D in the next five years", he said.

"As we see revenue growth, we will thoughtfully begin investing more in areas that will continue to drive growth for the company", he said.

Jotshi said that the company has invested $200 million to date in its Bangalore R&D facility. This includes infrastructure, equipment for labs and salaries, he said.

"The India engineering centre is a crucial part of Juniper success story. Any products shipped by Juniper has some contribution from R&D centre in Bangalore.Twenty five per cent of Juniper's engineers are based out of the Bangalore R&D facility", he said.

Nearly 40 per cent of development of EX enteprise switching portfolio came from the Bangalore's R& D centre.