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Home Banking & Finance

VVDN commits Rs.400cr investment on telecom-network equipment manufacturing

Fiinews by Fiinews
October 19, 2021
in Banking & Finance, Exports, Investment, Manufacturing, Technology
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PLI schemes will make India the new global manufacturing hub, says Agarwal

Gurugram-headquartered VVDN Technologies, a premier electronic product engineering and manufacturing company, has committed to invest Rs.400 crore in the next four years on telecom and networking equipment manufacturing for which it has received the Production Linked Incentive (PLI) Scheme approval.

The Department of Telecommunications gave the approval, said VVDN in a release on 16 Oct 2021. It has also received PLI Scheme approval for IT Hardware from MeitY in July 2021.

VVDN has also applied under the PLI scheme for manufacturing of White Goods.

“We are delighted to have been approved under the PLI scheme for telecom and networking equipment manufacturing. It showcases our strength in these domains and highlights our commitment towards vision of Atmanirbhar Bharat and the ‘Make in India’ project,” Puneet Agarwal, CEO – VVDN Technologies, said in a release on 16 Oct 2021.

“The PLI schemes will go a long way in making India the new global manufacturing hub of electronic products. To meet the growing business demands, we have invested heavily in our infrastructure and work force expansion, and will continue to do so, to help us cater to our Indian and global customers. It is a matter of great pride for VVDN to have been approved under 2 different PLI schemes,” said Aggarwal.

In the Networking and Telecom sector, VVDN has vast experience and expertise in design, development and manufacturing 5G Radio Units, Wi-Fi Access Points, Routers, L2/L3 switches, Unlicensed Band Radio, 4G and 5G CPE, and ONT, adopting the latest next-gen technologies including Wi-Fi 6 & 6E, SD-WAN, Wi-Fi mesh etc.

VVDN specializes in the complete the PCB design and Layout, RF Tuning & Calibration, RF engineering, software, network functions, mechanical design and mass manufacturing. VVDN has its own R&D and manufacturing facilities housing Wi-Fi chambers, Wi-Fi labs, dedicated RF testing Labs, Test suites, and facility for complete pre-compliance.

With 5 world class manufacturing units and 10+ design centers across India, VVDN has extensive experience in doing complete R&D, engineering and manufacturing of products in the domains 5G & Datacenter, Networking & Wi-Fi, Vision, and IoT.

Over the last year, VVDN Technologies has continued to expand its manufacturing and engineering infrastructure to support increasing demand of Telecom and Networking products.

The company added new, dedicated and specialized SMT Lines to boost the manufacturing capabilities of 5G products (including Radio Units) and is expanding its infrastructure to handle much bigger PCB size- essential for Massive MIMO products.

Recently, VVDN added a new die casting facility to its existing infrastructure which makes it fully equipped to do the high-volume manufacturing of die casting tooling needed for 5G and other telecom equipment. #technology #investment #manufacturing #exports /fiinews.com

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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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