Juniper Networks, a leading IT and computer networking company, plans to invest $400 million in total operations, including research and development, in the next five years.
"Juniper plans to invest $400 million in India in total operations, including sales and R&D in the next five years," said Sanjay Jotshi, director of enterprise and channels, India and SAARC.
Juniper views India as a strategic market with focus on BFSI, governments and telecom sector, he said. "As we see revenue growth, we will thoughtfully begin investing more in areas that will continue to drive growth for the company," Jotshi added.
Juniper has invested $200 million to date in its Bangalore R&D facility, which includes infrastructure, equipment for labs and salaries, he said.
"The India engineering centre is a crucial part of Juniper success story. Any product shipped by Juniper has some contribution from our R&D centre in Bangalore. Twenty-five percent of Juniper's engineers are based out of the Bangalore R&D facility," Jotshi said.
