Communications software firm Aricent plans to invest USD 500 million or about Rs. 3,000 crore in India over the next three years to boost its product development capacity in the country.

"From a corporate perspective, Aricent will be investing USD 500 million in the next three years in India, as it is the key geography for us," Aricent chief strategy officer Payal Koul Mirakhur said.

The US-based company develops software in communication segment and most of these software are made to control or manage function of hardwares in a system.

"We are a high growth company, growth is our focus. We want to increase our delivery capability by the same percentage out of our delivery centres in India. We will make this investment in people, lab and research and development," Mirakhur said.

Aricent has centres in Europe and the US as well but India continues to be its key delivery centre. It has offices in Gurgaon, Chennai, Hyderabad and Bengaluru.