Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Nokia plans to start manufacturing mobile devices in India
Posted on 2-Dec-2004 08:06 | Tags Filed under: News



Nokia has plans to invest in a new manufacturing facility in India to better meet demand for mobile devices in the country. The company expects growing mobile penetration in the Asia-Pacific region is expected to be a major contributor to the global mobile subscriber base surpassing the two billion mark in 2006.

"India's position at the heart of a rapidly growing mobile communications region makes it an attractive option for establishing our new manufacturing facility," said Pekka Ala-Pietilš, president of Nokia, today during a visit to India where he met with governmental authorities and the media. "The factory would be an integral part of our global manufacturing network and help fulfill growing demand as mobile communications become increasingly affordable and available to more people in this diverse region."

Nokia anticipates investing an estimated USD 100-150 million along with its key suppliers over four years once the final investment decision is made. Nokia foresees ramping up the factory gradually and the work force reaching approximately 2,000 employees when production is full scale. The final investment evaluation process is ongoing and is expected to be completed during the first quarter of 2005.

Nokia currently has nine mobile device manufacturing facilities around the world.



comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

Netflix and Spark agreement
Created by freitasm, last reply by tdgeek on 27-Feb-2017 21:18 (33 replies)
Pages... 2 3


The President Of The USA: Donald Trump
Created by TimA, last reply by Fred99 on 28-Feb-2017 00:06 (3363 replies)
Pages... 223 224 225


Best way to network my computers
Created by Rikkitic, last reply by Rikkitic on 24-Feb-2017 11:24 (75 replies)
Pages... 3 4 5


Vodafone / SKY merger
Created by wingbat45, last reply by Rikkitic on 27-Feb-2017 11:22 (138 replies)
Pages... 8 9 10


US citizens can buy grenade launchers
Created by kingdragonfly, last reply by Geektastic on 27-Feb-2017 22:15 (28 replies)
Pages... 2


Did Chorus Increase its Layer 2 speed ?
Created by Mikek, last reply by darylblake on 24-Feb-2017 22:46 (14 replies)

I paid the wrong Bank Account, what can I do - advice wanted?
Created by harlansmart, last reply by joker97 on 27-Feb-2017 19:48 (54 replies)
Pages... 2 3 4


Geekzone ads are out of control
Created by 1101, last reply by andrewNZ on 25-Feb-2017 22:25 (66 replies)
Pages... 3 4 5