Nokia is reportedly in talks with Foxconn to export handsets from the country
Nokia currently manufactures PCBs made indigenously through Foxconn
India is home to 268 mobile phone assembling units
Finland-headquartered HMD Global, which makes Nokia mobile phones is reportedly in talks with its Taiwan-based contract manufacturer Foxconn to export handsets from India, as it plans to become the top three smartphone makers in India.
According to HMD’s global vice president and India head Ajey Mehta, the company is exploring options for export of both smartphones and feature phones. HMD wants Foxconn to get component suppliers to India in order to start manufacturing mobile phones. The move is aimed at driving the scale of local production, reduce overhead and costs.