Tejas Networks wins Telecom Technology Award from India’s Premier Trade Promotion body, FIEOMay 17, 2011 Bangalore, India
Bangalore, India, May 17th 2011: Tejas Networks Ltd., a leader in next-generation optical networking products, announced today that they have won the “Innovative Indigenous Telecom Equipment Company Award” given by the Federation of Indian Export Organizations (FIEO). The award was presented by Dr. Rahul Khullar, Commerce Secretary Government of India. FIEO Awards seek to recognize companies that have brought in innovation and promoted efficiency in communications technology. FIEO is the apex Trade Promotion Organization of the Govt. of India.
“We are delighted to have won this award from India’s premier trade promotion body. As India’s leading telecom product company, we have not only achieved market leadership in optical networking in the highly competitive Indian telecom market, but have generated significant international success, with exports to over 60 countries. With our focus on R&D excellence and innovation, we are offering Future ReadyTM transmission products that enable telecom service providers to reduce cost-per-bit and offer affordable telecom services to over a billion subscribers worldwide”, said Sanjay Nayak, CEO & MD.
Speaking on the occasion, Dr. Rahul Khullar said that, thus far the Indian telecom equipment industry had not kept pace with the growing domestic demand from telecom operators, which led to a dependence on imports. He recognized the impact made by Tejas Networks as a leading telecom product company from India in this context.
Mr. J.K. Jain, Vice President, FIEO observed that India was a net importer of telecom equipment and that the rising demand for a wide range of telecom equipment, particularly in the area of mobile telecommunications, provides excellent opportunities to domestic telecom equipment companies like Tejas Networks to grow the industry in India.
The Federation of Indian Export Organizations represents the Indian entrepreneurs’ spirit of enterprise in the global market. Known popularly as “FIEO”, this apex body of Indian export promotion organizations was set up jointly by the Ministry of Commerce, Government of India and private trade and industry in the year 1965. FIEO is thus a partner of the Government of India in promoting India’s exports. Visit FIEO at www.fieo.org