Chinese telecom gear major Huawei and some third party industry reports have claimed that rolling out 5G technology will become expensive if the Chinese company is blocked from any country as the remaining firms will jack up prices.
The Swedish firm, a rival of Finland's Nokia and China's Huawei, said it was now targeting sales of 230-240 billion Swedish crowns in 2020 up from 210-220 billion previously.
"This year we can say we are ready to switch the production from 4G to 5G when it becomes operational in this country. We will produce in India, for India," Ericsson Head South East Asia, Oceania and India, Nunzio Mirtillo said at the India Mobile Congress 2019.
Ericsson has plans to have a team of around 300 highly qualified engineers in GAIA by end of 2019 of which half are expected to be located in India.
Borje Ekholm was picked to steer the company through one of its deepest crises, which has included soft markets, intense competition, heavy restructuring and thousands of job cuts.
India would do well to consider growing risks of cheap Chinese-made Android smartphones and apps that send vast amounts of user data to their makers.
Ericsson took the company to NCLT in September 2017 for non-payment of over Rs 1,500 crore dues.
The telecom gear maker earns about seven percent of its revenue in China, according to its 2018 annual report.
Reliance Communications on March 18 repaid Ericsson's dues of Rs 462 crore.
A source in the know said RCom has paid Rs 458.7 crore to Ericsson as per the SC directive, but did not divulge details.
Indian telecom operators have said that they have their networks ready to offer 5G services and will start it once spectrum is allocated to them.
"Leveraging on its developments in artificial intelligence (AI) and automation, Ericsson will support Airtel to proactively address network complexity and boost user experience," Ericsson said in a statement.
RCom said it had received the sum as income tax refunds and is lying in its bank account.
A bench of justices R F Nariman and Vineet Saharan ordered Ambani to pay Rs 453 crore to Ericsson within four weeks
During the hearing, senior advocate Dushyant Dave, appearing for Ericsson India, said there was wilful disobedience of apex court's orders and contempt action should be initiated against them.
Ambani, Reliance Telecom Ltd Chairman Satish Seth and Reliance Infratel Ltd Chairperson Chhaya Virani appeared before a bench of Justices R F Nariman and Vineet Saran in pursuance to the contempt notice issued against them.
The Swedish company has staked its recovery on rising demand for 5G equipment and could be well placed to benefit from current turmoil surrounding market leader Huawei.
A bench of Justices R F Nariman and Vineet Sharan sought a response from Ambani and others in four weeks.
"During the trial, data download speeds of over 500 Mbps were recorded on smartphones in an indoor environment. In outdoor environment, peak download speed of more than 400 Mbps was achieved with coverage of about 180 meters from the base station. The trial was conducted in Delhi-NCR," Airtel and Ericsson said in a joint statement.
The setting up of GAIA was testament to the long-term commitment of Ericsson to enrich the talent pool and vibrant ecosystem of India, head of Ericsson Reasearch and Development (Bengaluru) Sanjeev Tyagi said.
SoftBank will also order equipment from the two European suppliers instead of Huawei for its next-generation 5G network, Nikkei reported.
North America and northeast Asia are expected to lead the 5G uptake, with major U.S service providers starting to offer 5G services this year or in 2019, while major network deployments globally are expected from 2020.
Marking its third consecutive quarter of substantial progress towards its 2020 financial targets, the company reported net sales rose 9 percent to 53.8 billion Swedish crowns ($6 billion) thanks to strong growth in its networks business.
In May, India's bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service dues.
The government has allocated 100 megahertz of spectrum to the lab for testing of 5G solutions.