Alcatel-Lucent will be setting up a new global services hub in India with an investment of $ 500 million. The new global hub will be the fourth such hub for the company having established similar centres in USA, China and France.

Ben Verwaayen, CEO, Alcatel Lucent, said, “India is one of the strategic markets of depth of talent, new capabilities and socio services to support 3G and 4G. Given all these factors, we have shortlisted India as the global services headquarters thereby making it a fourth pillar of strategy. The other global hubs are at US, China and France. This will involve an investment of half a billion dollars and hiring substantial number of resources over the next three years.”