HUAWEI believes in free capital of India India government not negotiate

In August 22nd foreign news, HUAWEI plans to invest $60 million to the India market to build a production base, although recently reported that the government of India for security reasons will have HUAWEI's investment plan was delayed. However, HUAWEI said on Saturday that it still has confidence in the eventual realization of the investment plan.

HUAWEI is currently working with some of the top businesses in the India market has to provide communications equipment, including Reliance, Tatas, MTNL and BSNL and other companies. A HUAWEI executive said that the current India government did not contact with HUAWEI on any security issues.

The director said: "we have not received any information about the India government is considering security issues. We don't even know about it. In the past few years, HUAWEI has BSNL, MTNl, Reliance and Tatas and other companies with a total value of about 20 billion rupees (about $460 million) of CDMA, GSM and FWT devices in India."

"The assessment process of the India foreign investment promotion agency is normal and is part of the business process. We believe that the India government will eventually pass HUAWEI's investment plan." He also said that HUAWEI has also conducted several rounds of negotiations with the foreign investment promotion agency.

HUAWEI is currently building broadband networks for BSNL. In addition, HUAWEI is applying for a license to the India authorities to allow HUAWEI to participate directly in the bidding of PSM telecommunications engineering.

In March, HUAWEI filed an application with the India Foreign Investment Promotion Bureau, in the hope of obtaining a license to participate in the bid of India Telecom project. The proposal also includes plans for HUAWEI to invest $60 million to build a production base in India. If the India government approves the proposal of HUAWEI, HUAWEI will be able to directly participate in the bid of India telecom project, including equipment installation, maintenance and training.