MUMBAI: Securing a visionary investor is the spark that fuels every entrepreneur's ambition, and for Tadiran Telecom, it’s a dream realised with purpose. In a landmark move blending opportunity with innovation, the Israel-based leader in unified communications has unveiled its commitment to invest over $10 million annually in India, marking a new chapter in its 26-year journey in the country. Partnering with DCM Shriram, Tadiran is set to produce 100,000 cutting-edge IP telephones each year—a transformative step that underscores its unwavering belief in India’s potential as a global manufacturing hub.
Tadiran Telecom CEO Moshe Mitz stated, "We plan to make 1,00,000 IP telephones in India every year. This is a conservative number. We have allocated $10 million for one year for our manufacturing project. Investment will increase based on the performance."
IP telephones, designed for businesses and supporting multiple communication functions, including conference calls, will be classified under class two equipment, making them eligible for government procurement.
Mitz confirmed that Tadiran's current business is driven 70 per cent by software and 30 per cent by hardware. This manufacturing initiative represents the first phase of the company’s ambitious expansion in India. “If we achieve success in meeting manufacturing targets, then we will launch our phase two expansion in India for software development,” Mitz added.
The company has already initiated discussions with a leading Indian software giant to collaborate on software development in phase two of its plan.
DCM Shriram president Rudra Shriram highlighted the group's commitment to the partnership, noting that this is its first foray into electronics manufacturing. "Tadiran Telecom has the technology. We are putting in place a dedicated team for manufacturing their products. Besides manufacturing, our group will provide all supply chain support to Tadiran Telecom, including warehousing and logistics," he said.
Tadiran's investment aligns with India's growing focus on local manufacturing and advanced technology solutions. As Mitz remarked, “Manufacturing is phase one of our expansion plan in India. If successful, phase two will focus on software development, further solidifying our commitment to India.”
This initiative underscores Tadiran's strategy to bolster its hardware manufacturing capabilities while exploring advanced software development partnerships in the Indian market.
