India is playing a key role for telecom major Nokia in developing newer technologies as well as in manufacturing products that not just cater to the Indian market, but to 27 other global countries, a top executive said.
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“India plays an important role to us as we have largest development centres here,” Finnish gear maker’s chief operating officer Monika Maurer told ET. “If you look at capacity in terms of R&D capabilities in Chennai and Bangalore, they are the largest. These are most important ones for us.”
“On behalf of the development of the future technology, which we are going to deliver to the market not just today but tomorrow, these India facilities help us drive the market,” she added.
Maurer, who took charge as the COO of the company in mid March, said the India telecom market is very dynamic. “The market speaks for itself in India… we have long experience in working with key operators here, and we are excited to see full-fledged wireless focus now,” she added.
The India telecom market, she said, is now opening up in terms of demand and appetite for newer technologies, and for Nokia’s full technology portfolio, including fixed line and IP & Optics.
Talking about the company’s rebalancing strategy for growth, Maurer said Nokia will remain focused on its classic service provider business, besides expanding into adjacent market segments.
