Array Networks invests Rs 140 crore, to set up innovation centre

NEW DELHI: Array Networks Tuesday invested Rs 140 crore ($20 million) in India to set up a product innovation and design centre, and aims to increase the workforce to five-fold by the end of this year.

“India is one of the fastest growing markets for our company and will add technically-skilled manpower,” Array Networks president and chief executive Michael Zhao said.

The new laboratory aims to design customised products and solutions for customers worldwide.

“We see India a great opportunity and believe in putting more resources and investments,” the top executive added.