Network Solutions, the world leader in Internet domain name registration, is setting up a fully-owned subsidiary in India by year-end.
Angshuman Bonerjee, March 07, 2001
Network Solutions, the world leader in Internet domain name registration, is setting up a fully-owned subsidiary in India by year-end.
The company will launch registration services in nine Indian regional languages including Bengali, Gujarati, Hindi, Kannada, Malayalam, Oriya, Punjabi (gurmukhi), Tamil and Telgu.
The company will soon approach the government for initiating the process of setting up the subsidiary. "We are establishing a direct presence in India by setting up a fully-owned subsidiary or by buying out an Indian company," Arthur Chang, managing director, Asia Pacific, Network Solutions, said. The company is currently operating in India through its channel partners.
The Indian subsidiary will bring in various Internet services offered by the company world wide. "We will bring all the services like, hosting server farms, offering domain name registration and domain name database on the Internet etc," he said.
The Indian arm of the Network Solution will also take up software development for the company's global operations. "Apart from developing software, the Indian arm will also be localising some of our existing offerings," he said.
He said besides bridging the digital divide, the expansion of multi-lingual services would induce small and medium businessmen to conduct transactions online in their own language.
Until recently, every domain name registration was done using exclusively Ascii characters, Chang said adding that India ranked third in the domain name registration in the Asia-Pacific market.
"The invitation price for the service initially would be $25," he said.