Siemens to set up manufacturing in India

Lately companies like Alcatel, AMD, Ericsson, Cisco, Flextronics, Intel, Microsoft, Motorola, Nokia, LG and Samsung have invested totally $8 billion in Indian manufacturing facilities. "Never before have so many telecom giants entered India in such a short period. I hope this encouraging trend will continue in future as well," India's Communications and IT Minister Dayanidhi Maran said on Monday.