Nokia to set up production unit in India

Nokia to set up production unit in India

Friday, 04 March , 2005, 16:10

Bangalore: World's largest cell-phone maker, Nokia would set up a manufacturing plant in India with an investment of $100 to $150 million, a senior company executive said.

An announcement regarding details of the facility and its location, among others, would be made within next four to six weeks, Nokia India's Head (Marketing), Sanjay Behl said.

Behl said it would be a 'fairly large' factory, which would eventually house 2,000 people. 'We will start off with a slightly smaller base but very soon it would be scaled up to 2,000.'

He said the company is currently in dialogue with various State Governments on locating the plant, which is going to be its tenth such facility in the world and produce both GSM and CDMA handsets.

"Currently, we are in dialogue with a lot of State Governments. We are looking for right venue, which has right infrastructural abilities and everything," Behl said. 'The decision is four to six weeks away.'

The plant to be set up in India is going to be a world clbutt one, he said adding it's not only going to cater to Indian demands but also 'large parts of the globe at this part of the world.'