British telecom group Vodafone on Thursday committed
investments totalling Rs 13,000 crore in India for capacity augmentation and
new business initiatives.
The investment was committed to by Vittorio Colao, CEO of Vodafone Group Plc, in his meeting with Prime Minister Narendra Modi here Thursday.
Colao said, “At Vodafone, we are enthused with the PM’s vision for ‘Digital India’ and ‘Make in India’. Vodafone India serves over 188 million citizens, of which almost 100 million are from rural areas.
The committed investment of Rs 13,000 crore includes Rs 8,000 crore to enhance, upgrade and expand network coverage and Rs 3,000 crore to further increase capacity and upgrade its high-end technology centre and IT and customer experience centres in Pune and Ahmedabad.
These centres service Vodafone companies globally, exemplifying the ‘Make in India’ opportunity and highlighting its success to the world.
Another Rs 1,000 crore will be for setting up a state-of- the-art Tier-4 data centre. This is the first of its kind in the Indian telecom sector and is specially designed to service the evolving communications needs of businesses and enterprises, the statement said.
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