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New investment will strengthen operations |
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Tuesday, 03 July 2007 |
Nokia Siemens Networks plans to invest US$100mn in
India over the next three years as a part of its commitment to develop a strong telecommunications environment in
India. This is to better address and drive the growth of Indian mobile industry and to better serve its customers. This investment will include setting up a proposed telecommunication equipment manufacturing facility in Tamil Nadu for wireless network equipment, new offices across various cities, additional development of an existing R&D centre, and expanding the Global Networks Solution Centre.The proposed facility aims to address the strong market demand in
India and will manufacture high end equipment. Nokia Siemens Networks will also establish a network of suppliers with focus on increased localised sourcing. The construction work at the site will begin later this year and commercial production is expected to begin in 2008.
www.nokiasiemensnetworks.com |
Newsdesk 
