Private networks yet to pick up pace in India: LTTS CEO

COMPANIES IN INDIA have been slow in adopting private networks as the market here is price-sensitive and they want to first look at their return on investment (ROI), Amit Chadha, chief executive officer and managing director, L&T Technology Services (LTTS), said.

- JATIN GROVER

"There are signs of growth with regard to taking up of private networks and next-generation connectivity solutions, but we are cautiously optimistic on the Indian market (for the take-up of these solutions) because we have to make sure we are going to make money," Chadha told FE during an interaction.

This is because the market is more price-sensitive in nature compared with other markets, he added.

Currently, LTTS is working on a large private network project. While Chadha did not share the details, he said the company will soon commence operations and operate the project for seven years.

He added private networks are not restricted to 5G, but 4G/LTE and Wi-Fi technologies are also being used by enterprises to carry out their factory operations in-house, thereby not being dependent on the public networks solely. "With private connectivity networks, we are making a lot of headway with MNCs (multinational companies) in India.