Soon, Nokia parts to be made in India

HMD Global to up capacity by partnering with new contract manufacturers

HMD Global, which makes Nokia mobile phones, might explore manufacture of components in India, over the next two-four years. The move, which can help bring down costs, is likely to work in line with the Centre’s phased manufacturing programme.

The phased manufacturing programme of the Centre aims at “progressively increasing” domestic value addition for establishing a “mobile handset manufacturing ecosystem in India”.

According to Ajey Mehta, Vice-President and Country Head – India, HMD Global, it may, in the long term, also join hands with new contract manufacturers to increase production capacity here. Nokia’s current local manufacturing partner is Foxconn.