R&M, a Swiss cabling systems developer and provider of fibre and copper solutions for network infrastructures around the world, has announced its year-on-year growth of 20 per cent. With its understanding of the competitive Indian market, R&M’s growth was backed by significant deals across BFSI, telecom, government and healthcare. R&M bagged orders from the government and started catering its solutions for smart cities and metro rail projects, national and international airports, etc.
Gaurav Ahluwalia, Managing Director, R&M India, said, “India is a competitive market to conduct any business. Tapping the main verticals and catering future rich solutions play a crucial role in accelerating the revenue figures. Immense dedication and in-depth knowledge of the team contributed in tapping BFSI and telecom sectors of India, which mainly fuelled this growth.”
“Aligned to Make in India initiative, R&M invested in a new start-of-the-art production facility which is helping us to grow further in the Indian market. Currently we are the best fiber assembly factory in India. With the new production plant in Bengaluru, we have increased our capacity to 500,000 man hours,” added Ahluwalia.
Targeting 40 per cent growth by 2022, R&M India plans to increase the headcount from 200 to 300. Increase in number of re-sellers and appointment of new regional and national distributors are under process. Sensing the demand from the Indian market, R&M sketched to bring new product line in FTTH segment by the end of FY 2018. In coming days, R&M’s Bengaluru plant will be focusing on India and global distribution of products.