Ericsson has announced the setting up of a new unit (Industry and society) that will be focusing on smart cities, the Digital India campaign and other technology projects from the government.
Nishant Batra, Ericsson India V-P and head of Engagement Practices said that “We are setting up a new unit ‘Industry and Society’ that will focus on Digital India, smart cities, public safety, utilities and transport segments. We are looking for a fifth of our business to come from our Industry and Society vertical by 2020”.
He further said that the interest of central government in Digital India and smart cities offers “enormous business opportunity”.
The company expects to account for 20 percent of the group’s overall business from India.
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