Kaspersky Lab to invest $2m in Indian operations

Sept 06 2010

RBTH

Kaspersky Lab, Russia’s leading antivirus software provider, plans to invest $2m in its Indian operations over fiscal year 2010-2011 (which began on 1 April), said Gun Suk Ling, Managing Director for South Asia.

While India’s total antivirus software market is estimated at being worth about $200m, Kaspersky Lab accounts for just 15% of the consumer segment and 5% of the enterprise segment.

The company has 800 distributors of its software and plans to double that number by the end of next year, Ling said in Hyderabad. She added that Kaspersky Lab was studying various Indian cities where it could set up its R&D and call centre.

Over the past three years, Kaspersky Lab has sold 2m software licences in India and expects a 130% growth in 2010.

Ling said her company had developed a new version of its antivirus software for individual users, while an updated version for enterprise users will be launched soon as well.

“We are in the process of talking directly with companies, and we are also approaching various state governments and education departments for our products,” she was quoted as saying by the Press Trust of India.

RIR Technology