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CliQ INDIA > Business > Nokia to Invest Rs 450 Crore in Setting Up the Largest R&D Lab in Chennai for Fixed Wireless Business | BulletsIn
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Nokia to Invest Rs 450 Crore in Setting Up the Largest R&D Lab in Chennai for Fixed Wireless Business | BulletsIn

cliQ India
cliQ India
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Highlights
  • Nokia invests Rs 450 crore in Chennai's largest R&D lab.
  • New R&D facility to drive fixed wireless technology innovations.

Finland’s Nokia is significantly expanding its research and development presence in India by establishing its largest global R&D facility dedicated to its fixed networks business in Chennai. This new facility is a substantial investment aimed at enhancing Nokia’s technology innovations, especially in the fixed wireless access sector. The Tamil Nadu government has been a key partner in facilitating this expansion by providing necessary infrastructure, regulatory, and policy support. This collaboration underscores Chennai’s growing importance as a technological innovation hub for Nokia.

BulletsIn

  • Nokia’s Expansion in India: Nokia is setting up its largest global R&D facility for its fixed networks business in Chennai, India.
  • Significant Investment: The company is likely to invest around Rs 450 crore in the new R&D lab.
  • Focus on Fixed Networks: The Chennai facility will focus on innovations in 10G, 25G, 50G, and 100 GPON, Fixed Wireless Access, Wi-Fi, MDU solutions, and access network and home controllers.
  • Largest Fixed Networks Lab: This will be the largest fixed networks lab globally for Nokia and one of its biggest R&D centers worldwide.
  • Support from Tamil Nadu Government: The Tamil Nadu government is providing essential infrastructure and regulatory support to facilitate Nokia’s expansion in India.
  • Strategic Importance of Chennai: Nokia emphasizes Chennai’s strategic role in its global operations and technological innovation.
  • Leveraging Local Talent: The expansion is aimed at leveraging the abundant talent pool available in the Chennai region.
  • Commitment to Reducing the Digital Divide: The investment highlights Nokia’s commitment to developing technologies that help connect the unconnected and reduce the digital divide.
  • Collaboration with Local Authorities: An MoU was signed between the Tamil Nadu government and Nokia to support this expansion.
  • Creation of Employment Opportunities: The expansion is expected to generate high-value employment opportunities for local youth in Chennai.
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