Nokia Extends Fibre Broadband Equipment Manufacturing into India

- Advertisement -

A participant in the Production Linked Incentive (PLI) scheme, Nokia is extending its production capacity in Chennai after registering high demand

In a response to increasing demand from local as well as international markets, telecom company Nokia announced that it will extend manufacturing of PON optical line terminals (OLTs) at its factory in Sriperimbudur near Chennai in India. The company said that the pandemic-hit world has witnessed changes in consumer behaviour, from home working to data-rich entertainment services, which is resulting in high demand for broadband.

As per Nokia, demand for fibre is also shifting to new regions with the Asia-Pacific region seeing strong demand in markets like Japan, India and Southeast Asia. This demand will be significantly seen in the form of fibre to the home (FTTH) but there is also major demand from mobile network operators as they deploy 5G and need next-generation fibre in their transport networks to carry the expected surge in data traffic, it added.

- Advertisement -

Globally, institutional support like funding from government and private equity funds is further bringing investments in broadband and fibre connectivity. Nokia is also a participant in India’s Production Linked Incentive (PLI) scheme. The company believes that its planned production of PON OLTs in India will give a boost to expand the company’s production base and geographic reach.

“The importance and criticality of high-speed broadband has never been more pronounced as it is today,” commented Sandy Motley, President of Fixed Networks at Nokia. “As the momentum towards 5G networks and new hybrid usage models push operators towards increasingly distributed network architectures, service providers are investing in fibre to build out and upgrade their existing networks. Nokia is the leader in FTTx solutions globally and is innovating rapidly to introduce next-generation PON solutions. We are happy to add the manufacturing capacity in India to better address increasing demand in the region and worldwide.”

Noting that India is seeing massive demand for fibre connectivity from both fixed and mobile operators, SVP and Head of India Market at Nokia, Sanjay Malik remarked, “OLT production at our Chennai plant will offer a timely boost to meeting this demand in a timely way. Service providers in India will benefit from the increased availability of both existing Lightspan product lines as well as upcoming GPON access nodes which offer smaller lower-density OLTs to suit a range of conditions and requirements.”

In another update, Nokia has also announced to open LaaS test lab in Bengaluru to drive Industry 4.0 goals. Over 150 years old Nokia is a Finland-headquartered company which believes in creating technology that helps the world act together. The telecom operator partners with companies for critical networks, across mobile, fixed, and cloud networks.


 

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

EV Sector May Soon Be Designated As Priority Lending Sector, Says Kartikey Hariyani

0
While it is crystal clear that several commercial electric vehicle original equipment manufacturers (EV OEMs) face difficulties getting financing options for end consumers, is...

NVIDIA Record $26B Q1 Revenue, Announces Stock Split And Dividend Hike

0
The quarterly cash dividend has been raised by 150%, resulting in $0.01 per share on a post-split basis. NVIDIA reported first-quarter revenue for the period...

“AIC-T-Hub Aims To Grow Startups So More Indian Unicorns Can Contribute To The GDP”

0
T-Hub has collaborated with Atal Incubation Centre (AIC), initiated by the Atal Innovation Mission to incubate semiconductor startups, fostering innovation for India’s advancement in...

Buzz

Ananant System Collaborated With  IESA To Develop BSNL’s 5G Chip

0
Ananant Systems collaborated with major telecom equipment manufacturers to develop chips for the forthcoming 5G network of Bharat Sanchar Nigam Ltd (BSNL).   The Bengaluru-based company...

Can India’s Smartphone Prices Withstand Budget Surge?

0
Affordable 5G handset influx halts price surge in India. IDC reports flat $263 ASP, driven by 22% rise in mass budget phone shipments.  In the...

Altium Invests in India, Headquarters in Bengaluru

0
IT firm  Altium is set to enhance its digital and physical space in India through its Bengaluru office and invests to educate India’s next...

Important Sectors

Ananant System Collaborated With  IESA To Develop BSNL’s 5G Chip

0
Ananant Systems collaborated with major telecom equipment manufacturers to develop chips for the forthcoming 5G network of Bharat Sanchar Nigam Ltd (BSNL).   The Bengaluru-based company...

EV Sector May Soon Be Designated As Priority Lending Sector, Says Kartikey Hariyani

0
While it is crystal clear that several commercial electric vehicle original equipment manufacturers (EV OEMs) face difficulties getting financing options for end consumers, is...

DFC Investment $3.8 Billion, To Boost Women Empowerment

0
DFC plans to invest $3.8 billion to bridge India’s renewable energy gap, partnering with USAID to boost women’s economic participation India, with 80 percent of...

Indian PE-VC Investments Hit $39bn, Boosted By Manufacturing, EVs In 2023

0
The EV market is anticipated to see strong deal activity, especially among OEMs planning capacity expansions or new product launches, as well as in...

BluSmart Aims To Raise $300M Funding To Expand Electric Fleet

0
Punit Goyal, BluSmart's co-founder, intends to extend operations to Dubai using 100 Audi EVs and targets having 300 Audi and Tesla vehicles by December. BluSmart,...

Manufacturing

Indian PE-VC Investments Hit $39bn, Boosted By Manufacturing, EVs In 2023

0
The EV market is anticipated to see strong deal activity, especially among OEMs planning capacity expansions or new product launches, as well as in...

Mitsubishi Electric, Aisin Create JV For EV Parts

0
The joint venture will focus on the development, production, and sale of traction motors, power converters, and their control software. These components will be...

Hyundai Mobis To Invest More In EV Parts, Chips

0
Hyundai Mobis, the top auto parts manufacturer in South Korea, announced its intention to increase investment in electric vehicle (EV) components and automotive chips...

Vitesco Tech Delivers Electric Drive For Honda CR-V PHEV

0
This is the first integration of a Vitesco Technologies drive system into a hydrogen fuel cell electric vehicle (FCEV). Vitesco Technologies will provide its EMR3...

Google To Begin Pixel Production At Foxconn, Dixon In September

0
According to sources, Google's collaboration with Foxconn complements its plan to manufacture Pixel smartphones at the Dixon facility. Google is set to partner with Foxconn...