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Home Investment

Canadian company to transfer technology to India

Fiinews by Fiinews
June 16, 2015
in Investment, Technology
Reading Time: 1 min read
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Canada’s Advantech Wireless Ltd is finalizing a contract with Bharat Electronics Ltd covering transfer of technology to manufacture components for satellite power amplifiers.
“We will initially supply part of the components and transfer the manufacturing technology for power amplifier manufacturing to Bharat Electronics over the process,” said Arka Saha, the company’s director of sales in India.
The amplifiers boost signals from satellites.
Bharat Electronics is expected to start manufacturing from next year.
Saha described the Advantech-Bharat Electronics tie-up a part of “Make in India”.
Currently, Advantech markets the power amplifiers to the Indian defence and media industries.
The Indian market accounted for about 10 per cent of Advantech’s US$123 million revenue in 2014.

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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