Nokia plans to up capacity in Chennai plant

Asked whether Nokia plans to invest further to ramp up its capacity, Mr Peterson said, “I expect that we shall increase the capacity. But how much and when and what what will be the investment, we are looking at all these issues.”
 
Having shipped more than 25 million phones in one year, Finish mobile phone giant Nokia is planning to ramp up its production capacity at its Chennai factory and is looking at increasing its market share. “Our current market share in India is very healthy and it is improving,” Soren Peterson, Senior Vice President, Entry Business Unit Mobile Phone, Nokia, told PTI on Sunday.

Asked whether Nokia plans to invest further to ramp up its capacity, Mr Peterson said, “I expect that we shall increase the capacity. But how much and when and what what will be the investment, we are looking at all these issues.”

Currently, from the Chennai factory, which was set up more than a year ago with invest plan up to $150 million over four years, Nokia is shipping 80 per cent of the phones in the domestic market while the rest 20 per cent is being exported to neighbouring countries. Asked whether Nokia was exporting phones to Pakistan from India, Mr Peterson said “No. We are not sending Indian manufactured phones to Pakistan. We always keep in mind the trade regulations of countries and take decision accordingly.” Last week there was a news that Pakistan would not accept Nokia phones manufactured in India. Nokia’s exports from Chennai factory are mostly in South East Asia, Middle East and African markets.