Gilat's President and CEO, Oren Most, is participating in the delegation that will be meeting with top Indian businesspeople, including the heads of the Indian telecommunications industry, in addition to the official political events surrounding the visit.

Gilat, which has shipped more than 400,000 VSATs to customers in 80 countries worldwide, has maintained an office in India through its subsidiary since 1999 and has witnessed rapid growth of its business in the past few years. The office, which was greatly expanded in 2001, not only serves the needs of its customers in India but also provides technical and training services for Gilat's activities in nearby countries.

Gilat has deployed approximately 20 networks in India. The Company works locally with three major shared hub service providers: HCL Comnet Ltd., Comsat Max Ltd. & Bharti Broadband, which between them, have been involved in the deployment of a major portion of Gilat's VSATs in India, for applications ranging from banks, stock exchange brokers, education applications and others.

In addition, the company works with government agencies and other large organizations. The major networks in this area include a 3,000-site network for the National Stock Exchange (of India), the first electronic stock exchange to use VSAT as its primary communication medium in the world, and a 1,000-site rural telephony network for Tata Tele Services.

According to the prestigious Indian Voice and Data Magazine, Gilat provides a significant part of the Indian TDMA market and a large share of the satellite telephony business. The recently deployed VSAT-based rural telephony project for Tata Tele Services was the largest rural telephony network of its kind in India to date.

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