1/5
Finnish company HMD Global, which sells Nokia phones, is looking forward to manufacture its own components in India.
In This Pic : Nokia, HMD Global
Pic Courtesy : BCCL - Non Copyright
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2/5
HMD Global has grown its business almost 5 times in the past 8 months in India.
In This Pic : Nokia, HMD Global
Pic Courtesy : BCCL - Non Copyright
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3/5
Talking to IANS in an interview, Ajey Mehta, Vice President and Country Head-India, HMD Global, said, “We are following the phased manufacturing programme. In line with this, we have started having conversations with our partner Foxconn to manufacture our own components in the country.”
In This Pic : Nokia, HMD Global
Pic Courtesy : BCCL - Non Copyright
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4/5
“It will happen over a period of time. We may be a little behind, but it will eventually happen and the components that attract import duty will be manufactured here,” Mehta added.
In This Pic : Nokia, HMD Global
Pic Courtesy : BCCL - Non Copyright
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5/5
In 2016, HMD Global got the licence to sell Nokia-branded smartphones for the next 10 years. Apparently, the Finnish company is also planning to expand its portfolio, which will cater to all price segments in India.
In This Pic : Nokia, HMD Global
Pic Courtesy : BCCL - Non Copyright
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