Avaya looks to China for growth

US telecom and network equipment maker Avaya expects its sales in China to grow at a rate that is "several times its GDP growth" this year, banking on the country's robust economy, especially its banking and insurance industries, a senior company official said.

Avaya, which competes with Cisco, would also look at acquisition opportunities and would devote more resources to transportation, healthcare and telecom sectors to ramp up its business in the country.

"For us, China is a growth area, one that we will continue to invest and expand," said John DiLullo, president of Avaya's Asia Pacific operations.