UTStarcom plans manufacturing unit in India after BSNL clears dues

Global telecom equipment maker UTStarcom is planning to set up its manufacturing plant and a research and development centre in India after the State-run telecom firm Bharat Sanchar Nigam Limited (BSNL) clears its dues.

The Hong Kong-based company supplies network gears for broadband service. BSNL and Tata Teleservices are two of its main clients.

The company said it already has approval for setting up the units but could not proceed as it is waiting for the clearance of its dues from BSNL, which is expected to cross Rs 500 crore by the end of this year.

“We have already approved plans from our management for manufacturing and the R&D (centre), but because of this slowdown and issues in the (dues) collection (we) have deferred our plans till December.