Ericsson Eyes 20% Biz From Digital India, Smart Cities By 2020

The company is eyeing 20 per cent of its India sales from this vertical by 2020.

Ericsson India had registered net sales of 3.6 billion Swedish Krona (SEK) or 2,769 crore, in the July-September quarter as compared with SEK 2 billion (1,525 crore) in the same period last year.

The company will support Government initiatives for smart grids, smart city and Digital India projects.