Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Nokia to Set Up Mobile Device Factory in India
Apr 7, 2005
 Printable format
 Email this Article
 Search

Finland-based Nokia announced that it will set up a manufacturing facility for mobile devices at Chennai in India. The manufacturing unit in Chennai will be Nokia's tenth mobile device production facility globally. Nokia anticipates investing an estimated U.S. $100-150 million in the India production plant.

"Establishing a new factory in India is an important step in the continuous development of our global manufacturing network. We selected Chennai to be the location for the factory thanks to the availability of skilled labor, friendly business environment, support from the state government, good logistics connections and overall cost-efficiency," said Pekka Ala-Pietilä, president, Nokia.

Nokia's new facility in Chennai is in the state of Tamil Nadu in the southern part of India. The construction work at the site of the manufacturing unit will start in April, and production is expected to begin in the first half of 2006. Nokia foresees ramping up the factory gradually and the work force reaching approximately 2,000 employees when production is full scale.

Mobile penetration in Asia Pacific is expected to be a major contributor to the global mobile subscriber base surpassing the 2 billion mark by the end of 2005, Nokia said. Therefore, India -- which is set at the heart of the region where mobile communications is growing rapidly -- was a natural location of choice for the new production facility, the company said.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows