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Nokia Siemens invests $70M in new India facility

Posted: 20 Oct 2008 ?? ?Print Version ?Bookmark and Share

Keywords:India manufacturing facility? mobile communications? mobile market India?

To support the rapid growth of India mobile subscribers, Nokia Siemens Networks has inaugurated a new facility for the manufacture and distribution of mobile communications infrastructure at Oragadam near Chennai.

Over the next three years, the company plans to invest approximately $70 million in the facility and generate 400 new jobs.

Simon Beresford Wylie, the CEO of Nokia Siemens, hosted the inauguration which was conducted by KM Karunanidhi, chief minister of Tamil Nadu and Thiru A Raja, minister of telecom, government of India.

The new Oragadam facility will manufacture Nokia Siemens mobile base station controllers, Flexi Edge BTS, microwave radio and access line-card products, as well as other telecom equipment. The first deliveries of Radio Access products manufactured and distributed from the site to customers in India are planned for later this month.

"Our operations in India are a prime example of where we feel we can build on our existing leadership with prudent, customer focused investment," said Beresford-Wylie. "With its proximity to the local market improving our responsiveness and reducing the carbon footprint of new network deployments, this additional facility epitomizes our global strategy to build a responsible, customer focused business."

Karunanidhi said, "It gives us immense pleasure to welcome Nokia Siemens Networks to the state of Tamil Nadu. The company is not only creating more opportunities for local talent, but also strengthening Oragadam's position as a globally viable manufacturing hub, which is our mission."

"This is an important development in more ways than one: the significant investment is another sign that India's position in the global ICT industry is strengthening, and it provides an indication to the next wave of growth driven by the increased domestic consumption of ICT services," Raja commented.





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