What is the size of investment that Quasar has committed till date?
Being a privately held company, we cannot disclose the investment size. We have plans to increase manpower and R&D investments. Today Quasar has 800 plus man-years of experience and we plan to double the size by end of this year. Quasar is working with a European service provider for mobile design services. What are the activities planned for the service provider? Long distance carrier Primus Telecommunications Group has launched a high-end GSM mobile handset featuring dual SIM card PTL 910 designed and developed by Quasar Innovations in Europe recently. Quasar is serving every phase of the project ranging from design, development, verification and validation, certification testing and certification and manufacturing. Apart, from this, Quasar client list includes Primus, Bharti, Ericsson, Motorola, Nokia, and Idea. But ideally, one should look at 20-30% local sourcing in next two years and 40% in next three years, says Rajiv Kochhar, head, Avista Advisory. And for 75-80% sourcing, one
