India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.
Sentiment: POSITIVE
India has the unique advantages of having the biggest domestic market and this should support IT companies.
Our aim should be to make India a global R&D hub.
India is still considered a preferred destination for many multinationals to manufacture cost-competitive high-technology products for domestic consumption as well as for global demand.
We want to be number one, from the ingestion of content to the play-out to any type of channel. Everything between there, you should see Ericsson if you are a broadcaster, telecoms operator, or cable operator.
I think there are opportunities outside India as well as in India. In fact, some of the largest projects that most Indian software companies are doing are in India.
If anybody was to look towards a big source of demand in future, it would be hard for them to miss India.
When companies minimize their costs, they can spend more on R & D and marketing. It's just very logical.
My view is make Indian manufacturing competitive, and if it is competitive, it can serve customers or consumers anywhere.
Telecom is a dramatic success in India and our view is, respecting the political process, and respecting the fact that these are sovereign decisions, is that, approaching India as a friend.
Technology is something we buy to sell to the customers. Ericsson, Nokia and IBM do technology for a living, so let's give it to them because they know best. It has made the business model of Bharti very, very sustainable.
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