HMD Global looking at leveraging India for exports
HMD Global looking at leveraging India for exports
Share:

HMD Global, which sells Nokia brand of mobile phones, on Thursday said India is "at the heart and centre" of its business and the company is exploring if this market can be leveraged for exports as well.

 HMD Global - which launched its latest Nokia 2.4 in India for Rs 10,399 - is working with various original design manufacturer and electronic manufacturing solution partners to meet the domestic demand for feature phones and smartphones, HMD Global Vice President Sanmeet Singh Kochhar told before media.

Handset vendors faced constraints in supply after the lockdown, and many players had to import devices to meet the heightened demand that was driven by trends like 'work from home' and 'study from home'. "We are evaluating how India can be at the heart and centre of our sourcing and if we can look at catering not only to the domestic demand but leverage India for exports as well," Kochhar said.

Talking about the new launch, Kochhar said the '2-series' has been the most successful series in India for the company. "The Nokia 2.4 brings much loved features such as a two-day battery life, an AI-powered camera and pure, secure and up-to-date Android, all in an affordable and elegant package. We've included high-end features like the AI camera with Night mode and Portrait mode," he said.

Indian economy returns more strongly than expected: RBI Governor

Financials attract bulk of FPI inflows in November

REC LTD deposits penalty amount to SEBI (IPEF) for inadvertent trade

 

Join NewsTrack Whatsapp group
Related News