Bangalore, July 25: Tejas Networks India Pvt Ltd, the new Bangalore-based start-up promoted by Dr Gururaj ``Desh'' Deshpande of Sycamore Networks Inc and US-based ASG-Omni is all set to go on stream in the area of intelligent optical networking. The start-up will focus on two key areas - building optical networking products for the global market and architecting high-speed intelligent optical fiber networks based on the state-of-the art DWDM (dense wavelength division multiplexing) technology.
Addressing the conference, Sycamore Networks founder and chairman (who will also serve as the non-executive chairman of Tejas Networks) Deshpande said that the bandwidth challenge faced by countries like India would open up tremendous opportunities for companies operating in building networks and would also give them a share of the global market. While the country was opening up to globalise at a rapid rate, there was a reverse migration that was taking place with expatriate talent actually moving back to India to work with start-ups and create new businesses, Deshpande added. Speaking on the potential market for optical networking, Tejas Networks managing director Sanjay Nayak said that the global market was estimated to reach $18 billion in the next couple of years while in India there was a requirement of close to 400,000 kms of fiber optic cable network that needed to be lit.
While Tejas Networks will be involved in the development of its own products the company will also jointly work with Sycamore Networks to distribute some of the latter's product platforms in the country. Sycamore Networks in turn would support Tejas Networks to access markets in which it was not directly present, Nayak added.
Though it was announced that sizeable investments had been made in Tejas Networks by Deshpande on both a personal level and through Sycamore Networks along with ASG-Omni, the holding pattern or the size of the investment was not disclosed. This was the first incubation of a start-up company by Sycamore Networks and the company was currently not looking at any further incubations or acquisitions, Deshpande said. Tejas Networks, currently a 20 member team would scale up to close to 100 people within the next six to nine months and would focus on all large corporate/global players who were currently building or planning to lay their own optic fiber networks, Nayak said.
Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.