ZTE Corp’s India unit is rapidly consolidating its presence in the country with the company claiming to have recorded 50% growth in revenues in last fiscal.

The company claimed leadership position in the Indian CDMA market as well as 75% market share in the next generation network (NGN) market.

ZTE plans to make targeted investments in the 2G, 3G, bearer network & fixed line broadband space in India. It is banking on its SDR solutions which enable easy migration for the operators from 2G to 3G for the upcoming 3G network demand opportunity in India.

“This growth story is a result of our continued and strong commitment in the India Market. Having ssen many phases of growth and challenges, I am proud to announce this continued momentum. Our firm foundation, core technology capabilities and strategic priorities were instrumental in driving our sustained success,” said Dr. D.K. Ghosh, Chairman & Managing Director, ZTE India Pvt. Ltd. He further added, “We are well placed to lead the emerging wave of technology that the telecom industry will see in the form of 3G. As we work towards our strategic vision, we promise to support India every inch of the way in traversing this journey successfully.”

It is targeting mobile data card as well as mobile handsets markets in a 3G ecosystem.

The company also committed knowledge transfer to India as well as generating local employment opportunities. It aims to train 314 product experts in and 3G domain at its India Engineering Centre. Additionally it plans to set-up its local laboratory in India along with a local after-sales staff to effectively manage projects.

ZTE said that out of the total recruitments made in 2009, 50% of the recruitment were in India. It now plans to hire around 800 employees as technical staff in India in the current year.