NDS will invest in India
TV technology company NDS is to invest $150m into India over the next 4 years in order to tap in to local expansion opportunities. The region is experiencing record growth in DTH pay-TV.
“We will invest $150m in India to strengthen our presence. The prospect of DTH TV is huge here and it is the fastest growing market in the Asia-Pacific region," said Warren Pearsall, NDS’ director/major accounts for the region. He told local journalists that NDS already employed more than 1000 staff and engineers at its Bangalore R&D facility.
The new funds would lead to expansion at its Delhi and Mumbai offices.