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Nokia

Industry : Communications and Networking Functional Area : India
Activity:  4 comments  311 views  last activity : 07 06 2010 20:18:04 +0000
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Nokia will be the leader in terms of its market capture by selling its products in countries have a huge customer and market base like India

At present, it is the third-largest mobile phone market in terms of volume sales for Nokia, after the US and China, respectively.

India is the fastest growing mobile market in the world with six million subscribers adding every month," Sunil Dutt, Director of Nokia India, said on Monday.

"The mobile industry in India has taken off in a big way," he added. He said Nokia will keep expanding its venture in this country keeping in mind the requirements of the Indian market.

Nokia believes launching affordable yet stylish handsets with several appealing features is the key to growth. “We would launch handsets and solutions in line with user needs. We carry out extensive research to ensure we tap every potential market and customer need as we move ahead,” said Dutt.

Nokia India has also earmarked $150 million, to be invested in phases over the next few years, to upgrade its manufacturing facility in Chennai. At present, the plant manufactures 20 million units in 11 months for sale in India and overseas

Also, I know some aspects which has made it successful like

The mobile gaming market is going strong, and the new 3rd Edition devices bring added media capabilities to the mix. Here are examples of how Forum Nokia PRO has helped developers to bring their products to this global market.

From the leading Flash games developer in India:
"Forum Nokia PRO has helped us to secure many distribution relationships with carrier and independent software channels. Networking at Nokia events has proved to be extremely valuable to us."

So , if you know more about this please let me know and make comments about your thoughts.........

 
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4 comments on "Nokia banks heavily on India sales"
  Commented by  Ijas Rahman, Manager, Business Development, Team Moplet    | 01 06 2010 12:05:15 +0000
Nokia has 86% Market Share in India. Far there is no Competitors. No Such Brands having this much Market Share Yet.. Awarded Twice Most Trusted Brand Consistently..
  Commented by  varsha ., Technical manger(QMS)    | 11 06 2008 15:55:56 +0000
good one..
  Commented by  Samir Nigam, Sr. Software Engineer , SRM TECHSOL Pvt. Ltd.    | 07 29 2008 06:46:33 +0000
thanks for this
  Commented by  Anil Tadmari, Head/VP/GM-Corporate Planning/Strategy, MACCAFERRI    | 07 28 2008 06:24:49 +0000
Good one
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