HMD Global Looking To Scale Up Its Mobile Exports From India

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Asserting that the company is firmly aligned to the government’s Make in India programme, Kochhar highlighted that India is one of the key markets for HMD Global

Nokia-branded handsets maker HMD Global is keen to scale up its mobile exports from India, as the company looks at various levers, including sourcing more components locally, to deepen its commitment towards the manufacturing ecosystem in the country, a senior official said.

India is a “very important” market for HMD Global, and the company considers it to also be a key global destination for sourcing and manufacturing, Sanmeet Singh Kochhar, Vice President of HMD Global, said.

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The firm recently announced a slew of devices — Nokia G21 smartphone, Nokia C01 Plus, two feature phones — Nokia 105 Plus and Nokia 105.

“We are evaluating how we can increase our exports from India for feature phones, or even smartphones. We have already started export of Nokia 105 feature phone, but we’re also evaluating other aspects like export of smartphones…” Kochhar said.

Asserting that the company is firmly aligned to the government’s Make in India programme, Kochhar highlighted that India is one of the key markets for HMD Global, not only from a growth standpoint, but also for being a lucrative destination for sourcing and manufacturing.

“Globally, India is one of our destination markets for sourcing and manufacturing,” he said. At present, the company is sourcing many components for feature phones and smartphones locally, and it now intends to double down on local sourcing, further.

“There are plans to source more components locally, whatever we can…from India because that helps us grow the ecosystem in India market,” he said.

While the company is evaluating export of Nokia smartphones that are made in India, it is also interested in expanding the exports of feature phones to cover additional markets, models and customers, Kochhar explained.

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