» Subscribe to Newsletter
» Switch to BizTech2.com
Home » News » Mobile Phones Mobile » Nokia Sees India as 2nd Biggest Market
Nokia Sees India as 2nd Biggest Market
By: Reuters   |   Mar 13, 2007
Nokia expects India to become its second-largest market by volume by 2010, or even sooner, the world's top cellphone maker said on Monday.

India is currently the third-largest market for Nokia in terms of volume. It had shipped 25 million handsets as of December 2006 from its factory near Chennai in southern India, with 80 percent of the production sold in the domestic market. Nokia, which employed 3,800 people at the facility against a projected 2,000, said it was expanding floor space to 53,000 sq metres from 30,000 sq metres as part of a planned $150 million investment.

The Nokia Telecom Park in Sriperumbudur, which was inaugurated in March 2006, will also house seven component makers who are expected to commence operations by mid-2007, it said in a statement. The facility has the potential to employ 20,000 people by 2008, when it is fully operational, it said. The component makers are Salcomp, Aspocomp, Foxconn, Perlos, Laird, Jabil Circuit and Wintek.
Tags:
 
Ads by Google 
Post a Comment on “Nokia Sees India as 2nd Biggest Market”
Comment : 
Name : 
City : 
Email : 
There are no comments on this article yet.
Why don't you post one?
Ads by Google 
Ads by Google
Products
Camcorders  |   Controllers  |   CPUs  |   Desktop PCs  |   Digital Cameras  |   Digital Video Recorders  |   DVD Players  |   Games  |   Gaming Consoles  |   General  |   GPS Systems  |   Handhelds / PDAs  |   Hard Drives  |   Headphones & Headsets  |   HiFi Audio Systems  |   Home Theater Systems  |   Input Devices  |   Internet  |   Laptops  |   lenovo  |   Low Level Components  |   Mac Systems  |   Mobile Phone Accessories  |   Mobile Phones  |   Monitors  |   Motherboards  |   MP3 / Audio Players  |   Multi-Function Devices  |   Networking  |   Optical Drives  |   PC Accessories  |   PC Add-on Cards  |   PC Cabinets  |   PC Games  |   Printers  |   Projectors  |   RAM Modules  |   Scanners  |   Software  |   Speakers  |   Telecom  |   TVs  |   Video Players  |  
Careers | About Us | Ad Inventory | Site Profile | Feedback | Copyright © 2007, Tech2.com India - A Network 18 India Venture