Nokia celebrates Chennai factory launch

Nokia is now the first equipment vendor to manufacture both mobile devices and network infrastructure equipment in India . It has also achieved the milestone of manufacturing over one million handsets in India , the market set to become the second biggest mobile device market in the world in terms of volumes by 2010.

Nokia's manufacturing facility in Sriperumbudur, Chennai, is Nokia's fifteenth globally. Present at the inauguration were the Prime Minister of Finland, Matti Vanhanen, Minister of Transport and Communications Susanna Huovinen, the Governor of Tamil Nadu, Shri Surjit Singh Barnala, the Secretary to the Government of India and Chairman of her Telecom Commission, Dr J.S Sarma, and senior Nokia executives including Jorma Ollila, Chairman & CEO and Robert Andersson, Executive Vice President, Customer & Market Operations. Nokia is the only company in India whose facility manufactures both mobile devices and network infrastructure equipment.  

Nokia commenced commercial production of mobile handsets at its India factory on the January 2, 2006 and has achieved the milestone of manufacturing over one million handsets in India to-date. The Chennai manufacturing facility currently employs 1,100 people and expects to significantly expand its work force in India over time.  

Speaking at the inauguration ceremony, Jorma Ollila stated: " India is among the top five telecom markets in the world. Setting up this manufacturing facility in India reiterates our long term commitment to the Indian market. We are proud to have only taken 23 weeks from the time we started construction to rolling out the first products at this state-of-the-art manufacturing facility. Chennai is a great location with excellent state and central government support, availability of skilled labour and a conducive business environment - we anticipate that there will be a long-term sustainable demand for mobile telephony in the fast growing Indian market. In fact, we estimate that India will become the world's second biggest mobile device market when measured by volumes in year 2010. There is tremendous potential to bring mobile communications for the very first time to many in India who do not yet have any access to communications. To bring the benefits of mobility to first-time subscribers, Nokia is working closely with operators to lower the total cost of ownership with affordable handsets and cost-efficient network solutions," he added.  

* Nokia will invest up to approximately US$150 million in its India manufacturing plant, and this will support the growing demand for mobile handsets and network infrastructure in the Asia-Pacific region. 

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