Connectivity products maker D-Link to invest Rs 350 cr in Telangana

Taiwan-based company will provide public internet access by deploying Wi-Fi hotspots

D-Link Corporation, a global developer and manufacturer of networking and connectivity products headquartered in Taiwan today signed a memorandum of understanding (MoU) with Telangana government to bolster the local IT industry by improving network infrastructure, investing in the region, and developing new talent.

The company would invest Rs 350 crore in these and other initiatives, according to a statement issued by the government. The MoU was signed at Taipei with a delegation led by Telangana IT minister K T Rama Rao.

As part of the collaboration, D-Link will work together with the state government to provide public internet access by deploying Wi-Fi hotspots that will provide wireless access to all citizens and institutions. D-Link will also upgrade government networking infrastructure to meet the latest security standards, reducing the risk of vulnerabilities and cyber-attacks.

Additionally, D-Link will increase investment in the area, expanding their Hyderabad offices, establishing a global R&D center, and creating a network training center. Through this academy, D-Link is looking to grow local talent and create jobs through education, recruitment, and training of local personnel. The investment in this expansion is to the tune of Rs 350 cr, and 1000 new jobs will be created, the company said.

"In 1990, D-Link entered the Indian market, and in 2001, we were listed on the NSE. Now, we have over 80 distribution channels and more than 2,000 sales partners in India. India's potential as an emerging market is immense, and Hyderabad is quickly becoming a major tech hub. By supporting its growth and fostering talent, we believe we can open up new opportunities for both India and D-Link, creating a win-win situation," D-Link CEO Douglas Hsiao said in the statement.