"Siemens has plans to make telecom networking equipment in India," he told PTI after a meeting with top Siemens officials on the sidelines of GSM Association conference.
Maran said in the last ten months, many global players including telecom and IT giants have come forward and set up manufacturing and research facilities in India.
This includes Alcatel, AMD, Ericsson, Cisco, Flextronics, Intel, Microsoft, Motorola, Nokia, LG and Samsung, he said, adding that these global IT and telecom firms have together committed an investment of $8 billion.
"Never before have so many telecom giants entered India in such a short period. I hope this encouraging trend will continue in future as well," he said.
"I hope we will be able to realise our dream of seeing India as an important regional hub, not only for domestic supplies but also for servicing other countries in the region," he added.