NEW DELHI: Equipment maker Huawei India today
said it has shifted over 300 Indian employees to manage global operations from
its India centre due to downturn in the domestic telecom sector amid policy
uncertainty.
Due to the "downturn in the telecom sector here following policy uncertainty, the company has redeployed 300 Indian workforce to service foreign operations from here", the company said.
The move will help curb the attrition rate in the company, Huawei that employs over 6,000 people in India said.
"Despite current downturn in the telecom industry, Huawei remains confident in Indian market. We are reposing our faith in Indian employees and have been minimising the impact of restructuring by providing global deployment opportunities and redeployment assistance," Huawei India CEO Cai Liquin told PTI.
Due to the "downturn in the telecom sector here following policy uncertainty, the company has redeployed 300 Indian workforce to service foreign operations from here", the company said.
The move will help curb the attrition rate in the company, Huawei that employs over 6,000 people in India said.
"Despite current downturn in the telecom industry, Huawei remains confident in Indian market. We are reposing our faith in Indian employees and have been minimising the impact of restructuring by providing global deployment opportunities and redeployment assistance," Huawei India CEO Cai Liquin told PTI.
