Anritsu Establishes an Office in Bangalore, India.ATSUGI-SHI, Kanagawa, Japan -- Anritsu Corporation (under President Hiromichi Toda) is establishing an office in Bangalore, India to expand its India business in test and measurement for mobile phone related equipment. The new office will open as the Anritsu Corporation India Liaison Office on August 1. Background and Purpose of the New Office India, as one of the BRIC BRIC Brazil, Russia, India and China (world affairs) BRIC Brooklyn Information & Culture BRIC Biological Research Information Center (Korea) BRIC Benign Recurrent Intrahepatic Cholestasis quartet of developing economies -- Brazil, Russia, India and China -- is expected to achieve major economic growth. Its information technology (IT) market exceeded 2.6 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. yen in 2004, and is expected to sustain high growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. in the future. In this context, number of mobile subscribers is also increasing, reaching 50 million in 2005 (the Telecom Regulatory Authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities of India announced the figure of 57.38 million as of June, 2005). With the telephone penetration level still below 10%, demand for mobile phones in India with low call charges is expected to multiply mul·ti·ply v. 1. To increase the amount, number, or degree of. 2. To breed or propagate. rapidly. Many of the world's leading telecommunications companies See telecom company. have already entered the Indian market, and demand for test and measuring equipment for mobile phone systems seems certain to increase rapidly. Anritsu, in establishing a liaison office in Bangalore with a staff of four, is committed to serving these growing needs for test and measurement equipment for mobile phone systems. Bangalore is called India's "Silicon valley," and is home not only to many of the world's leading telecommunications companies but also a high concentration of Indian software development companies. As the center of India's mobile phone industry, its needs of test and measurement equipment for research and development are increasing. The establishment of the new office aims not only to serve the needs of the Indian market itself but also to create business opportunities to serve world-class players in telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. by strengthening support capabilities for Anritsu's proposal. By proposing optimum solutions for each company's needs in India, Anritsu expects to contribute for expansion of global business. Anritsu Corporation India Liaison Office, Unit No.S-3, Second Floor, Esteem Red Cross Bhavan, No 26, Race Course Road, Bangalore 560 001, India Tel: +91-90-30944707 Fax: +91-80-22356648 |
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