Bangalore: US-based Juniper Networks Inc. plans to ramp up its research and development (R&D) efforts in India as well as double its 7% domestic market share in network routers every year for the next three years to exceed 50%.
Sridhar Sarathy, vice-president, India operations at Juniper and head of its India Engineering Centre, said the firm’s R&D team in India has grown to 1,800 from 1,350 last year. “We are looking to continue the momentum.”
He didn’t say how many people the firm would hire, but noted that Juniper’s new facility in Bangalore has a capacity of 750 seats and about 450 racks of equipment.
The Indian R&D team played a key role in developing Juniper’s new router, T-4000, with a performance metric of 240 GB per slot, said Stefan Dyckerhoff, executive vice-president of Juniper’s Infrastructure Products Group (IPG), handling about 70% of the company’s revenue.
Ravi Chauhan, managing director, India and SAARC (South Asian Association of Regional Cooperation), at Juniper, said his company is aiming for more than a 50% market share in India for its network routers, doubling its present 7% share every year over the next three years.
According to Dataquest estimates, Juniper had a revenue of about Rs700 crore in India last year.