NEC Looks To Tap Smart Digital Space In India, Eyes $1 Bn Revenue In 5 Yrs

Japan-based NEC Corporation, which was also involved in Aaadhaar implementation programme in India, is looking to tap opportunities in smart digital solutions space in the country and has set a revenue target of $1 billion in five years from here, according to a company official.

Besides, the IT solutions provider is betting big on the cyber security segment in view of ever-rising incidents of cyberthreats.

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NEC Corporation contributed to the implementation of Aadhaar Programme in India by providing its biometrics identification system and has recently completed the trial of a flying car in Japan.
The company at present is laying down submarine cable from Chennai to Andaman and Nicobar Islands, a 2,300-km long under sea project expected to be completed in 2020.

Source: Business Standard

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