Online edition of India's National Newspaper
Tuesday, Jul 03, 2007
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Online edition of India's National Newspaper Tuesday, Jul 03, 2007 ePaper |
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Staff Correspondent
CHENNAI: Nokia Siemens Networks has announced its plans to invest $100 million in India over the next three years as a part of its commitment to develop a strong telecommunications environment in India. This investment will include setting up of proposed telecommunication equipment manufacturing facility in Tamil Nadu for wireless network equipment, new offices across various cities, development of the existing R&D centre, and expanding the Global Networks Solution Centre, Simon Beresford-Wylie, CEO, Nokia Siemens Networks, said in a release The investment plans were announced by Mr. Beresford-Wylie on Monday, the first day of his three day visit to India. This is his first visit to the country as head of the newly formed company. The proposed facility aims at addressing the strong market demand in India and will manufacture high-end equipment.
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