Kavveri Telecom Products (KAVERITEL),  has proposed to make investment of Rs 1 billion in the infrastructure development by Kavveri Telecom Infrastructure (KTIL) over a period of 2 years.

Kavveri Telecom Products, India`s leading telecom products manufacturer, providing world class, hardware products and solutions for the telecom industry, has played a significant role for the last 17 years in partnering this growth with all leading OEM`s & Service providers. The subscriber base in India is expected to hit the 500 million mark by 2010.

Kavveri Telecom Products has now embarked on the `Neutral Host Provide`services of in-Building Coverage Solution - IBS - which offers plug & play service to operators.

This new concept of plug & play (Neutral Host Provider - IBS) facility will help GSM / CDMA Telecom service providers to significantly reduce their time to market their in-building signal enhancement services.

KTIL will be involved in the processes of acquiring partnership with builders & developers in offering techonlogy, project management etc to effectively manage the entire project.

KTIL will undertake various activities such as acquisition of sites, site survey & design, equipment sourcing, material supply logistics management, vendor management, labor management, project management & professional services.

``This new venture will bridge the gap in the industry and will provide high quality Ready to move solutions that will help both the GSM & CDMA services providers to earn revenues without any delay one their roll out plan are made,`` said Shivakumar Reddy, managing director, Kavveri Infrastructure.

KTIL would target all telecom services providers & operators and the beneficiaries would be large hotels, malls, commercial complexes, high rise residential buildings, airports, train & bus stations etc where the visitor foot falls are quiet high.

Shares of Kavveri Telecom Products gained Rs 6.2, or 4.98%, to settle at Rs 131. The total volume of shares traded was 25,923 at the BSE (Thursday).