Nokia Eyes Further Expansion In India

Nokia is doing quite well in India, and the company may be planning on producing even more phones there, in order to keep up with the growing demand.

“Our current market share in India is very very healthy and it is improving,” Soren Pterson, Senior Vice President, Entry Business Unit Mobile Phone, Nokia, told PTI.

Asked whether Nokia plans to invest further to ramp up its capacity, Peterson said “from the Chennai factory we shipped more than 25 million phones. We are very happy with the performance. It is running just as per our plans.”

“I expect that we shall increase the capacity. But how much and when and what what will be the investment, we are looking at all these issues,” he added.

India is a huge source of growth for the Finnish phone giant, so it would be an obvious choice as a launching point for more of its’ mobile phone lines, especially models like the 1650 and 2660, which are primarily aimed at the market.

Nokia sold 25 million phones last year in India, with 80% of them produced at their Chennai production facility