Huawei seeks to secure a larger market share

BEIJING - Huawei Technologies Co Ltd, China's top telecom gear maker, aims to invest more than $2 billion in India over the next five years.

The company will build a new research and development park in India's southern city of Bangalore and increase the number of engineers engaged in research to a total of 3,000, according to a statement issued by Huawei on Tuesday.

The company said it recently started the first phase of its manufacturing in Chennai in southern India and was exploring other ways to cooperate in local manufacturing, Reuters reported.