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<\/span><\/figcaption><\/figure>NEW DELHI: Finnish telecoms equipment maker Nokia<\/a> said it is exploring opportunities to manufacture more products in India in a cost-competitive manner to serve both, the local and global market.

The company which competes with Sweden’s Ericsson, added that it is on track to fulfill its investment and production commitments under the
Production Linked Incentive<\/a> (PLI) scheme.

“Nokia is on-track to fulfill our investment and production commitments under the PLI scheme and we look forward to continued partnership with the Department of Telecommunications (DoT) in expanding the telecom and government procurement market in India for the PLI certified companies… We are always exploring opportunities to expand our manufacturing and add newer products that could be cost-competitively manufactured in India to serve the Indian and global market,” a
Nokia India<\/a> spokesperson said in a statement on Wednesday.

The spokesperson added that the PLI scheme is an encouraging initiative by the government to make India a global manufacturing hub and become ‘AtmaNirbhar Bharat’.

In December 2020, Nokia started the production of
Nokia AirScale<\/a> massive-MIMO (ma-MIMO) solution at its Chennai facility.

“Our Chennai factory is the largest active
telecom equipment<\/a> manufacturer and exporter in the country, making in India for India and the world for 100+ countries. We are particularly pleased to share that we are now also leading the way in cutting-edge 5G equipment manufacturing,” the spokesperson said.
\"Multinational<\/a><\/figure>

Multinational telecom gear makers say PLI for 5G equipment to position India as global manufacturing hub<\/a><\/h2>

“Design-led initiatives for 5G under the PLI scheme and 5% of USOF for R&D purposes will strengthen the ‘Make in India’ initiative, and contribute to making India a global manufacturing hub,” said Nitin Bansal, MD, India & Head-Networks - Southeast Asia, Oceania, and India at Ericsson.<\/p><\/div>

\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: Finnish telecoms equipment maker Nokia<\/a> said it is exploring opportunities to manufacture more products in India in a cost-competitive manner to serve both, the local and global market.

The company which competes with Sweden’s Ericsson, added that it is on track to fulfill its investment and production commitments under the
Production Linked Incentive<\/a> (PLI) scheme.

“Nokia is on-track to fulfill our investment and production commitments under the PLI scheme and we look forward to continued partnership with the Department of Telecommunications (DoT) in expanding the telecom and government procurement market in India for the PLI certified companies… We are always exploring opportunities to expand our manufacturing and add newer products that could be cost-competitively manufactured in India to serve the Indian and global market,” a
Nokia India<\/a> spokesperson said in a statement on Wednesday.

The spokesperson added that the PLI scheme is an encouraging initiative by the government to make India a global manufacturing hub and become ‘AtmaNirbhar Bharat’.

In December 2020, Nokia started the production of
Nokia AirScale<\/a> massive-MIMO (ma-MIMO) solution at its Chennai facility.

“Our Chennai factory is the largest active
telecom equipment<\/a> manufacturer and exporter in the country, making in India for India and the world for 100+ countries. We are particularly pleased to share that we are now also leading the way in cutting-edge 5G equipment manufacturing,” the spokesperson said.
\"Multinational<\/a><\/figure>

Multinational telecom gear makers say PLI for 5G equipment to position India as global manufacturing hub<\/a><\/h2>

“Design-led initiatives for 5G under the PLI scheme and 5% of USOF for R&D purposes will strengthen the ‘Make in India’ initiative, and contribute to making India a global manufacturing hub,” said Nitin Bansal, MD, India & Head-Networks - Southeast Asia, Oceania, and India at Ericsson.<\/p><\/div>