Sunday, May 6, 2007

Nokia to ramp up production in Chennai, India

Nokia to sell more 'Made in India' phones....

NEW DELHI: Having shipped more than 25 million phones in one year, Finish mobile phone giant Nokia is planning to ramp up its production capacity at its Chennai factory and is looking at increasing its market share.

"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.

Currently, from the Chennai factory, which was set up more than a year ago with invest plan up to 150 million dollar over four years, Nokia is shipping 80 per cent of the phones in the domestic market while the rest 20 per cent is being exported to neighbouring countries.

Asked whether Nokia was exporting phones to Pakistan from India, Peterson said "no. We are not sending Indian manufactured phones to Pakistan.

We always keep in mind the trade regulations of countries and take decision accordingly."

Last week there was a news that Pakistan would not accept Nokia phones manufactured in India.

Source

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