Nokia Owner HMD Wants To Restart Exports From India: Report

Nokia Owner HMD Wants To Restart Exports From India: Report

SUMMARY

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.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.