TP-Link India is planning to significantly enhance its manufacturing capacity in the local market. The network equipment giant, famous for Wi-Fi routers and mesh devices, is talking to three state governments to decide the location of the new plant.
The investment will be over Rs 100 crore as a result of the five-year growth plan, of which this is just one part. Bijoy Alaylo, COO of TP-Link India, said the company is scouting out locations and waiting for the approval.
The Indian plant will only serve the local market for the first two years. After that, TP-Link will start exporting to West Asia, Africa, and Turkey. At present, 92% of the TP-Link products sold in India are made by contract manufacturers in India.
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The company intends to raise this proportion to 96–97% in the next three years. After the new factory is up and running, the complete production process will be done in-house. The US business of TP-Link will be the Indian operations’ next-door neighbor within two years, and the company’s Indian market may turn out to be the largest in three to five years period.
Along with consumer networking products, TP-Link is eyeing the enterprise solutions market where it can build AI-driven systems for automatic number plate recognition and people-counting can be used.
TP-Link, which was founded in Shenzhen in 1996, reorganized globally in 2022 due to the US-China tension, and separated the operations in China from the rest of the markets. The Indian division of TP-Link comes under the US-based arm whereas the original Chinese entity caters to the domestic market now.
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