“The new R&D lab will be one of the largest globally for Nokia and the largest for its fixed networks business, and this expansion reinforces Nokia’s commitment to developing cutting-edge technologies that help connect the unconnected and bridge the digital divide,” the Finnish telecom equipment maker said in an official statement on Friday.
Nokia is likely to invest around Rs 450 crore on this global R&D facility in Chennai for its fixed network business, a person familiar with the matter said.
As a key hub for fixed networks, this investment will strengthen Nokia’s technological innovations in 10G, 25G, 50G and 100 GPON, fixed wireless access, Wi-Fi and MDU solutions, as well as access networks and home controllers, Nokia added.
He Government of Tamil Nadu The collaboration has been instrumental in facilitating Nokia’s expansion in India and will provide the Finnish network equipment manufacturer with essential infrastructure, regulatory and policy support in line with current policies. “This collaboration reinforces the strategic importance of Chennai in Nokia’s global operations and underlines the growing importance of the region as a hub for technological innovation,” Nokia added.
“Our R&D presence in Chennai is central to our fixed networks strategy. This investment underscores our dedication to India and global technological advancements and enables us to further tap into the region’s rich talent pool,” said Vimal Kumar Kothandaraman, Head of Fixed Networks for Nokia in Asia Pacific, in an official statement. Tamil Nadu Industries Minister TRB Rajaa, in turn, noted that Nokia’s, and possibly the world’s, largest fixed networks lab would be in Chennai. “We aim to sustain this momentum and generate high-value employment opportunities for our youth.” To facilitate this R&D expansion, a memorandum of understanding (MoU) was recently signed between the Tamil Nadu government and Nokia in the presence of the Tamil Nadu Chief Minister. Deputy Stalin and Mr. Rajaa in the US.
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