Chennai (Agencies): Eying global network, Force10 Networks Inc. plans to expand its Indian development centre by investing USD 10 million and deepening its presence in the domestic market.

“We plan to add around 100 high calibre engineers in the embedded software space. We will complete investing $10 million in our new centre here by September this year and, going by the trends, the investment may go up,” said Prakash Sripathy, the company's Vice President. 

According to him, the company is at a transition point, chalking out new growth plans worldwide.  Force10 has filed the necessary papers with the US capital market regulator to come out with an initial public offer (IPO) of $143 million. 

Apart from expanding its research centre in India, Force10 is also thinking of deepening its market presence by developing channel partners and turning the Indian operations to a revenue centre. 

The Indian development centre develops nearly 75 per cent of Force10's software need and, in the case of hardware, around 25 per cent work is done in the country. 

'The Indian outfit is working towards developing and launching eight products in 2011 for Force10's global markets,' Sripathy added. 

Referring to the growing market for the networking products and solutions, he said the trend augurs well for companies like Force10. 

In the global market Force10 competes with the likes of Cisco and Juniper. In India, Force10 sells its products through Dell and IBM and has plans to look at other channels like tying up with system integrators, Sripathy said.  

According to him, the company is yet to enter the Indian government segment and has a good presence in the enterprises segment.