Business
Nokia's Chennai factory reaches 7 mn telecom units
New Delhi, Oct 12
Nokia on Thursday said that its factory in Chennai achieved a significant production milestone by reaching seven million telecom units.
Nokia’s achievement is in line with the government’s ‘Make in India’ initiative that encourages companies to develop and manufacture products in the country.
Nokia's Chennai factory is a large-scale manufacturer of telecom infrastructure equipment, including 4G/5G networks for both domestic and global markets.
“Our Chennai factory is a testament to the skill and expertise of Indian talent. From being the first to manufacture 5G NR in India to now producing 5G massive MIMO products and transport network elements, we have come a long way,†Teemu Toiviainen, Head of Global Manufacturing and EMS Management, said in a statement.
“We at Nokia strongly believe in sustainability to make the world a better place for future generations. This factory operates with wind and solar energy, contributing up to 81 per cent of green energy consumption until most recently, targeting to be 100 per cent by 2025,†he added.
The factory has completed fifteen years of operation this year and is playing a key role in boosting telecom equipment manufacturing in the country.
The factory manufactures 5G New Radio (5G NR), 5G massive MIMO products, 4G/LTE radios as well as Fiber Broadband equipment among others.
Nokia exports approximately 50 per cent of the production. Further, it has progressively increased the localisation of components by up to two times compared to previous years in 5G equipment manufacturing.
15 hours ago
Vietnam boat accident: TN govt extends full support to victims and families
16 hours ago
Kerala couple among 15 Indians killed in Vietnam boat tragedy
16 hours ago
FIFA WC: 'Haaland is unstoppable in the box,' says Vieri ahead of Norway vs England quarterfinal
17 hours ago
FIFA WC: When and where to watch Argentina vs Switzerland, know all details
19 hours ago
Boat carrying Indian tourists capsizes in Vietnam, several killed
21 hours ago
Courtroom drama was on Kajal Aggarwal’s radar for a long time
21 hours ago
Television actor Rohit Chandel arrested for allegedly stalking, harassing a minor
21 hours ago
Matt Damon wants to collaborate with Shekhar Kapur
21 hours ago
India ranks 1st in milk production, 2nd in mobile, 3rd in auto globally: PM Modi in New Zealand
21 hours ago
Onion prices jump in Chennai as Maharashtra supply drops, traders warn of further rise
21 hours ago
FSSAI slaps Swiggy Instamart with 9 notices following consumer complaints
21 hours ago
Sabarimala Tantri designate opts out, cites ill health
22 hours ago
Correct script, pronunciation: Centre issues fresh guidelines for National Song, National Anthem
