TheHinduBusinessline reports that HMD Global’s founder and executive chairman Jean Francois Baril was delivering a virtual keynote address at the inaugural session of the 19th edition of Connect 2020, event organized by Confederation of Indian Industry (CII), jointly with the Government of Tamil Nadu, and co-hosted by STPI – Ministry of Electronics and Information Technology (MEITY), Government of India, says the report.
The interesting thing Mr. Baril said, or reiterated, is that HMD Global is seriously thinking about turning India into an export hub for Nokia smartphones. Nokia Mobile already does manufacturing and assembly for the local market, but not for export. Moving more manufacturing operations to India could also mean more affordable prices for the local market, considering that the quantity of devices will increase.
In the current geopolitical situation India is getting more important to phone manufacturers that want to rely less on exports from China. Considering India is also a huge smartphone market and that the interest of India is mostly aligned with the US in terms of China, the government wants more companies to move their manufacturing to India.
Considering at Nokia Mobile this plan is still under high level discussion, we will have to wait and see for the results.